Most people will have to file a tax return annually. Whether they do it themselves or hire an accountant, understanding the tax system is important especially if they want to save money on their taxes. But the system can be complicated and unwieldy particularly for those people who have never filed a tax return before…
Category: Resources
Can You Deduct Gas On Taxes?
For many of us, work often takes place outside the office. The commute from work to personal and back again is just one of the many journeys an employee can expect to make. But the costs of these journeys can quickly add up, particularly for self-employed individuals. While these may seem like work expenses, many…
Are Accelerated Death Benefits Taxable?
At some point in your life, it becomes a good idea to take out a life insurance policy. Everybody should have a life insurance policy to ensure that their loved ones will be supported after they pass away. It is the only way to ensure that your family will be okay once you are gone….
Are Appliances Tax Deductible?
There are many reasons why you might be wondering if your new appliance is tax-deductible. It might be that you’ve replaced an old and inefficient appliance with a renewable energy update, and you wonder if you qualify for tax credits. Or you might be a landlord or business owner, curious if necessary purchases are considered…
Best Investing Podcasts
Podcasts have absolutely skyrocketed in popularity in the last decade. In fact, according to PodcastHosting.org, there are now well over 1.5 billion podcasts available around the world. There seems to be a podcast for pretty much everything these days, and that extends to investing, too. Choosing to listen to investing podcasts is a great way…
Best Crypto Tax Software
From prolific investors to internet-savvy money-makers, more of us are starting to realize the potential of cryptocurrency and how investing in the crypto market can turn a profit. However, with earnings in digital currency comes tax liabilities, and understanding crypto taxes is far more complex than it may seem at first glance. A way to…
Are Gifts Tax Deductible?
If you have given money, assets, or property to someone as a gift, you may need to file a federal gift tax return. Gifts can be tax deductible but only for a very certain amount of things. Gifts are tax-deductible if they fall within the certain dollar limit determined yearly by the IRS. This limit…
What Is the Best Sales Tax Software and How Does It Work?
Experts say the sales tax software market will be worth more than $13.5 billion by 2028. It’s not surprising, considering businesses face ever-changing tax rates and regulations. This software makes Sales Tax Calculations and Sales Tax Return Filing a lot easier for businesses of all sizes. But there are many other benefits to consider too. Read on to learn more…
11 Best Small Business Books (Ultimate Collection)
Did you know that the average small business owner spends about ten thousand dollars in capital to get started? Even though it’s not easy to start a small business, doing so can be a deeply meaningful experience. Not only will you do something that you love, but you will also improve the lives of your customers. The problem…
11 Best Tools to Manage Business Finances
You’ve finally managed to get your dream business going. Before you can celebrate too much, you realize that you don’t know the state of your business finances. To remedy this, you decide to look into some financial tools. That way, you can stay on top of expenses and other transactions to make your business a…
