2017

About Me

Do you do any selling online? Did you know that selling things online can count as a business and that you could be losing money if you don't prepare your taxes just right? Online sales have helped my family get through a very difficult year. Then, when I found out what I was going to have to pay in taxes for the income that I earned through those online sales, I about had a heart attack. After doing some digging, I decided to skip filing my taxes myself and took them to a professional for help. Find out what an accountant uncovered for me and how it helped put my money back in my pocket.

What’s The Deal With Payroll Debit Cards?

10 November 2017
Categories: , Blog

Payroll debit cards came on the scene a few years ago, and since then they have generated more than a little animosity. They seem very convenient, but they do have issues. The cards can be a welcome addition to your range of pay options if you handle them properly. But that's the key -- you have to roll out the program in the right circumstances so that your employees do not feel pressured to use them and do not assume something's wrong. Read More …

Hobby Or Side Business? How It Affects Your Taxes

28 February 2017
Categories: , Blog

If you have a personal hobby you enjoy, you may be like many Americans who consider turning a passion into a small side business. But, there are some financial aspects to the decision that you should understand before starting a new venture. Here's a quick guide to how your hobby becomes a business and what it means for your tax bill. Hobby or Business? For most taxpayers, hobby expenses (such as supplies or travel to hobby gatherings) are not deductible on their income taxes. Read More …

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