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...
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...
To begin you have to ask yourself 3 questions… DEFINITIONS let’s first take a look at what each of these sale tax terms means so that you can understand how it pertains to Photographers in Wyoming. These definitions are laid out below. 👉NEXUS So,...
To begin you have to ask yourself 3 questions… DEFINITIONS let’s first take a look at what each of these sale tax terms means so that you can understand how it pertains to Photographers in Wisconsin. These definitions are laid out below. 👉NEXUS So,...
