Self Employment & EIC
Episode 17 | 19 Mins Self Employment & EIC The Earned Income Credit is one of the nation’s largest anti-poverty programs and the IRS side eyes Schedule Cs that put taxpayers within EIC range. Listen Where You Get Your Podcasts Listen The Earned Income Credit is...Do You Need To File Your Business Income?
Episode 16 | 19 Mins Do You Need To File Your Business Income? One of the most common questions I get this time of year is “do I have to file my business income?”. In this episode I discuss the filing requirements for the different types of business entities. Listen...Business or Hobby Pt 2
Episode 15 | 12 Mins Business or Hobby Pt 2 The IRS uses 9 factors to determine whether your “income producing activity” is a business or hobby. In this episode, I discuss the remaining four of those factors. Listen Where You Get Your Podcasts Listen The IRS uses 9...Business or Hobby?
Episode 14 | 13 Mins Business or Hobby? The IRS uses 9 factors to determine whether your “income producing activity” is a business or hobby. In this episode, I discuss five of those factors. Listen Where You Get Your Podcasts Listen The IRS uses 9 factors to determine...Why Starting A Business May Not Be A Good Tax Saving Strategy
Episode 13 | 17 Mins Why Starting A Business May Not Be A Good Tax Saving Strategy You’ve probably seen the posts on social media about starting a business to take advantage of deductions that can help offset your income and save money on your tax return. In this...Independent Contractor or Employee?
Episode 12 | 16 Mins Independent Contractor or Employee? In this episode we discuss the importance of making sure you classify your workers correctly. Listen Where You Get Your Podcasts...Is This Income?
Episode 11 | 13 Mins Is This Income? It’s usually pretty easy to determine what should be included in income. However, sometimes it’s not so clear. Listen Where You Get Your Podcasts Listen It’s usually pretty easy to determine what should be included in income....More on Hiring Your Children
Episode 10 | 12 Mins More on Hiring Your Children In this episode I explain a little more about the strategy of hiring your children to shift your income from good higher tax bracket to their lower tax bracket. Listen Where You Get Your Podcasts Listen In this episode...
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