If you forgot to pay quarterly estimated taxes, don't panic. The world is not coming to an end! Read this guide to see what to do to recover and avoid paying too much of a penalty.
Need help filing your eBay 1099 taxes? The team at Bonsai has you covered. We'll go over quarterly taxes, how much you owe, hobby versus small business and much more. Discover how to easily file your taxes here.
All you need to know when growing your team: Should you hire full timers or freelancers?
Missed your quarterly taxes and you are wondering what the estimated tax rate penalty is? Stay tuned. In this article, we'll guide you through everything you have to be concerned about regarding quarterly taxes, as well as calculating the penalty size.
Do tips get taxed by the IRS? Find out in this guide. We'll talk about if tips are taxable income, when they are reported to the IRS and we'll go over "tipped employees".
Wondering if you could deduct tax preparation fees off of your tax bill? This article will go over the ins and outs of this common question. Stay tuned for when you can and cannot deduct this expense.
A cell phone tax deduction can help you lower your tax bill owed at the end of the year. Here's everything you need to know to successfully claim this write-off by using the IRS' rules.
As a 1099 independent contractor, you’re entitled to make deductions from your taxable income. Discover 21 of the best of these deductions.
If you are a self-employed worker or independent contractor, you'll want to take advantage of the business meal deduction. There are requirements for what counts as a business expense. Read our guide to find out.
If you use PayPal often to accept payments for your business, you know PayPal fees add up. In this article, we'll break down all the fees available to you (and other deductions) to write-off from your tax bill.
In 2020, Trump wrote off $70,000 of Hairstyling on his taxes for "The Apprentice" ...It stirred huge controversy. It begged the question to be asked, "are haircuts tax deductible?" In this article, we'll answer that.
A common question asked by self-employed folks is: are credit card statements sufficient for the IRS? Well, we'll answer the question and let you know what records to keep.
