Business travel expenses can provide a freelancer with significant business expense deductions. However, deductible business expenses are subject to numerous rules which must be carefully followed, or you risk an unpleasant surprise if you are audited. Let’s start with what…
The major changes to entertainment and meal expense deductions brought about by the Tax Cuts and Jobs Act (TCJA) in 2017 may be a distant memory for many freelancers, but the IRS is still in the process of finalizing them,…
Now that we’ve officially rung in a new tax year, it’s time to address the key provisions of the Tax Cuts and Jobs Act (TCJA) that are likely to impact you as a freelancer on a day-to day basis. One…
In case you missed it due to the holiday rush, the President recently signed into law the Tax Cuts and Jobs Act (TCJA), representing the broadest reform of tax laws in three decades. With the new laws now taking effect,…
If you filed your taxes on time this year, you may be breathing a sigh of relief about not having to think about them again until next April. Before you wipe any traces of tax-induced sweat off your brow completely…
Summer. It’s the perfect time to get away from it all for a few days, or preferably, longer. Of course, when you’re running a freelance business, it’s almost impossible to get completely away unless you throw your iPhone out the…
The holiday season is here (in case you hadn’t noticed!), which means time for awkward get-togethers with your in-laws and too much shopping on Amazon Prime. Actually, it means times for happy occasions involving food, drink, and, if you’re lucky,…
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