When it comes to choosing the type of set up for your business, there are pros and cons to a limited liability company and a partnership. However, an S corporation or S corp can provide...
When you start a new business, there are plenty of considerations that you need to take into account. One of the areas is taxes. However, it is not just one type of tax, but several...
You have a great idea for a business, and you can’t wait to get started! Knowing where to start, however, is tricky. Choosing a business entity can be complex and confusing....
With the rise of websites that allow you to rent out rooms within your home to vacationing families, there is also a rise in potential tax challenges. So before you jump on the website...
Posted by Larry Gurewitz on 03/03/2016
When it comes to earning income from a vacation home might seem a smart idea, it also involves more than just collecting those rental checks. You will also have some tax responsibilities...
Renting your vacation home or even a room in your own home can be as simple as signing up on a website and listing the days your rental is available. However, this also means that...
Chances are if you worked independently during 2015, and made over $400.00, you will most likely have to file a Schedule SE. The Schedule SE is used to report self-employed taxpayer...
Listen, we’ve got it. Taxes are here like the winter—do you feel prepared? Are the windows shuttered, the dials set to 70, and the sweaters yanked out of storage? The same...
Have you been making huge profits in your real estate but you don’t get to enjoy them? You have no idea where all your money goes when it’s tax time? Think. Have you been planning...