Meal Deduction For Creatives
You’re rocking your creative business, meeting with leads, traveling to events and pumping out amazing things for your clients. Somewhere along the way, even a Creative Entrepreneur needs a meal or two. Did you know some of those meals may be tax...
New York Sales Tax For Photographers
Many of my friends and clients in New York are photographers. One of the most common questions they ask is how to handle New York sales tax with respect to their businesses. I admit any type of tax in New York can be a head-scratcher. Even more so for a photography...
1099, W-9, WTF ? How To Track & File The Correct Forms For Independent Contractors
I see questions and confusion all the time regarding these forms. I thought I would take a moment to break them down.First things first, you need to understand if and when you need to file a 1099, you can learn more about the criteria in another post I wrote here:...
Bye Bye Entertainment Deduction
I have a handful of clients who have utilized the meals and entertainment deduction over the years to treat clients and build relationships. Many are not aware that this deduction was majorly modified under the new tax laws. Prior to January 1st, 2018, businesses...
The 5 BIGGEST Tax Oversights
I talk to small business owners every day, this is a collection five most common areas I help them understand. #1 Required Taxes Many small business owners often do not realize the many types of taxes that apply to their business such as Federal Income Tax, State...
