Introduction Running a sustainable brand on Shopify is more than a trend it’s a purpose. But if you’re sourcing eco-friendly products, you also need to think tax efficiently. In...
Introduction Artists and creative professionals, including freelance designers, musicians, photographers, writers, filmmakers, and visual artists, often have irregular income, high self-employment taxes, and numerous business expenses. Whether you earn...
Introduction Musicians, performers, and entertainers often have irregular income, travel expenses, and self-employment taxes, making tax planning essential. Whether you’re a freelance musician, touring artist, actor, comedian, or producer,...
Introduction Many taxpayers miss out on valuable tax deductions that can significantly lower their taxable income and increase their refund. Under various sections of the Internal Revenue Code (IRC),...
Introduction Truck drivers face unique tax challenges due to long hours on the road, high fuel costs, and out-of-pocket expenses. Whether you are an owner-operator or a company driver,...
Introduction Real estate agents operate as independent contractors or self-employed professionals, making tax planning crucial for maximizing deductions and reducing taxable income. Since agents often incur significant business expenses,...
Introduction The IRS 1099-K reporting rule has changed in 2025, affecting small businesses, freelancers, and gig workers who receive payments through third-party platforms like PayPal, Venmo, Square, eBay, and...
Introduction The IRS standard deduction is a key tax benefit that reduces taxable income, lowering the amount of taxes owed. Each year, the IRS adjusts the standard deduction to...
Introduction Self-employed individuals face unique tax obligations, including self-employment tax, estimated quarterly payments, and business deductions. The new tax laws for 2025 bring several changes that impact freelancers, gig...
Introduction The IRS adjusts tax brackets annually to account for inflation and economic changes. For the 2025 tax year, the tax brackets have been updated to reflect cost-of-living adjustments....