A Basic Guide to Taxes for Freelance Writers and Self-Published Authors
Freelancing is an income source for many people. It’s important for those providing services that they know their tax obligations:
How Long Should You Keep Old Tax Records?
Here's how to determine which tax documents should be kept and which can be disposed of after a certain period of time:
With the Potential Higher Capital Gains Rate Looming Interest in Opportunity Zone Funds Renews
The Biden administration released its 2022 fiscal year budget. Here are details of some of the proposed tax changes:
Mid-Year Tax Planning Checklist
Planning taxes in mid-year is a smart move. Here is a list of several life events that may trigger tax opportunities or consequences:
Our Olympic Champs Get a Tax Break
In addition to winning an Olympic medal, winners are compensated by the U.S. Olympic Committee with tax-free prize money:
Understanding Tax Lingo
To understand tax articles and instructions written by tax professionals and authors, one needs to understand the basic terminology :
Should You Get an IRS Identity Protection PIN?
IRS assigns Identity Protection PINs (IP PINs) are to prevent misuse of social security numbers. Why should you get one?
Understanding the Taxation of Cryptocurrency Transactions
You should be aware of specific tax issues if you have owned, purchased, sold, gifted, or used cryptocurrency in business transactions.
October Extended Due Date Just Around the Corner
Here are the October extended due dates that may apply to you:
Are You a Candidate for Bunching?
Bunching is an effective tax strategy to consider as the end of the year approaches. Learn when and how to utilize bunching.