Tom Smery is a certified CPA for over a decade. In his free time, he writes articles to pass on his expert knowledge on taxes and accounting. Thomas has a wide range of deep knowledge on 1099 taxes, and finance topics. You can find him fishing when he is not preparing taxes for his clients or writing about accounting.
As a professional self-employed worker, you'll need to file your taxes on your own. A tax software can make it a breeze. In this article, we'll review the top 8 best tax software for professionals.
If you are a self-employed worker, you'll want to claim the education expense deduction. Continuous learning is a huge part of having a successful business. Here's a quick guide to help you get reimbursed for it.
If you are wondering how you can file a 1099 and W-2 in the same year, this guide is for you. We'll have an accountant walk you through everything you need to know to file your taxes.
What can you do with a business bank account? Why open one in the first place? Well, in this article, we'll review the top things a business bank account allows you to do. From taking out loans and saving money on taxes, we'll dive into it.
If you are looking to open a business account online, then read this article. We'll show you the 7 best places to open a new business account online. We'll dive into how they could help you manage your finances better and what benefits each bank offers.
If you want to claim the home office deduction, you'll need to make sure you meet the requirements: exclusive and regular use as well as principal place of business. We'll break down what the later means.
Can you write-off clothes for taxes? Yes, and we'll break down all the rules and regulations to deduct clothes for work. We'll let you know when and when you cannot write-off these expesnses.
Planning on starting an architecture firm? Make sure you check these boxes and equip yourself with the tools to get your business off the ground. In this article, we'll go over everything from submitting a DBA to getting your contracts in order.
Does a commute from home to work count as a tax write-off? Well, in this article, we'll go over the answer to if miles from home to work is a deduction. We'll talk about business log requirements and loopholes.
As a life coach, you'll need all types of insurances to prepare for the worst case scenarios. In this article, we'll go through all the types of coverage you should look into as well as the prices.
Here are sole proprietorship examples for you to get ideas and kickstart your own business. We'll let you in on the advantages and disadvantages of some and the best rated ones to start.
If you are an LLC owner who is looking to open a bank account for their business, then read here. In this article, we'll walk you through all the steps you need to take (and things you need to gather) to open an LLC bank account.
What does forming an LLC really cost? Well, it depends. In this article, we'll break down all the costs associated with starting an LLC such as business name, LLC fees, registered agent fees, etc.
If you are a sole proprietor looking to create an invoice, then read this article. We'll review the easiest way you can send invoices and everything that has to be included in a professional one.
If you are an LLC owner, pay close attention. In this article, we'll walk you through all the different methods you can pay yourself for the year. We'll cover an owners draw and a reasonable salary.
What happens when you underpay estimated taxes? Well, you'll receive a tax underpayment penalty. In this article, we'll walk you through everything you need to know about this penalty and how to avoid it.
If you are a private practice therapist, then pay close attention to everything on this page. We'll go over the top 13 tax deductions available to you in order to save a ton of money during tax time.
If you forget to file or incorrectly submit your 1099 form, you may receive a penalty. But, what exactly is the penalty for not filing 1099 information returns? One of our experienced accountants breaks it down.
If you didn't get a 1099 form but you contracted for a company, here is what you need to know to report your income to the IRS. This article will cover why you might not have received a form and how to report your income.
If you need a guide to handle your PayPal 1099 taxes, then this quick guide is for you. You'll discover all the taxes you'll owe, the forms you'll receive and tax deductions you qualify for.
Are you a Twitch 1099 streamer? Well, you'll need to file self-employment taxes on that income. Don't worry, the team at Bonsai has your back. We'll go over the tax forms you'll receive, how to file and deductions you qualify for.
Are you an Uber 1099 driver who is looking for a helpful guide to manage your taxes? Well, you are in luck. The team at Bonsai created this quick and easy guide to help you properly file your taxes.
If you need help pricing your life coach packages, read this guide. We'll go through everything you should think about when it comes to pricing and how to set the right fee for your services.
If you are a consultant looking to start your own practice or business, then read this. We'll go over everything from business structure, to naming your business to bank account and taxes. Kickstart your business by reading our article.