Related Posts: ⭐️Business Meal Deduction 101 There have been so many tax changes since the beginning of the pandemic but this one may have slipped past you… You may be familiar with the regular IRS rule that only allows you to deduct 50% of business meals You...
Related Posts: ⭐️QuickBooks Self-Employed (QBSE) is NOT for Photographers At Bastian Accounting, we use QuickBooks Online for all of our one on one Photography clients. I receive many questions from Photographers asking WHY I choose QuickBooks Online, so I wanted to...
Related Posts: ⭐️QuickBooks ONLINE for Photographers (#AllTheThings) When you mention QuickBooks, you have to clarify which, as there are still so many versions. Believe it or not, the archaic desktop version still exists, then there’s QuickBooks Online, which...
Read These Related Posts: Independent contractors 101 1099-NEC (New in 2020) Photographers are often in business as contractors for others or have contractors working for them. Working with contractors brings a whole new level of compliance. You must have a completed...
As we coast into tax season, it’s essential to understand everything you have to track and file as a photographer. One of these many items is what you pay contractors. Read these related posts: Independent Contractor 101 Pay contractors this way to relieve...
So, what’s the deal with receipts? Let’s dig into everything you need to know about your business receipts and documentation. The IRS requires you to keep all documentation to support what you filed on your personal and business tax return. If the IRS ever...
