Articles

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Ines Zemelman, EA
• 12.09.22
Tax Return for Self-Employed Housekeeper
Cleaning houses is a difficult job. Whether you do it for a career or as a hobby, no two days are the same. Even your fixed fees might vary depending on the project. When you add in need to file taxes or charge a tax on your services, it may become quite perplexing. Here's a detailed guide on frequently asked questions regarding how to file...
5 min read
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Ines Zemelman, EA
• 12.08.22
Do Flea Market Vendors Pay Taxes?
A flea market or yard sale is an excellent way to eliminate unwanted items while earning extra cash. You generally don't need to be concerned about income taxes if you're only attending a flea market or craft fair a few times to clean your attic or cellar, but if you are fortunate and make a lot of money from a yard sale, you might have to pay...
5 min read
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Ines Zemelman, EA
• 03.08.22
What You Should Know About Freelance Artist And Taxes?
As online platforms are encouraging artists to showcase their talent there has been a massive increase in demand for their services which means artists are generating revenue from selling their creative work. So now these creative souls are wondering about the connection between freelance artist and taxes.  The questions like Do you have to...
5 min read
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Ines Zemelman, EA
• 01.07.22
How Do I Pay Taxes as a Consultant?
How do I pay tax as a consultant? Self-employment may mean freedom, and more control in fulfilling your dreams. There is a right and wrong way to go about business success, however, The right way involves going into business as a consultant with an understanding of how consultants pay taxes, and their tax savings opportunities.  You may be...
5 min read
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Ines Zemelman, EA
• 24.06.22
A Comprehensive Daycare Provider Tax Deduction Checklist
Tax season is a period of stress when you worry not only about filing taxes but about ways you could reduce the tax burden. Although no one wants to talk about it, there are several home daycare tax deductions that small businesses like daycare providers should be aware of.  Isn’t it another task on the list? No, it isn’t. Tax deductions are...
5 min read
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Ines Zemelman, EA
• 15.06.22
Do I Have To Pay Taxes On Cash App?
Is this the first time you received a Form 1099-K ever since you started using the Cash Apps? You must be wondering do I have to pay taxes on Cash App? The truth is the IRS always required payment settlement entities to issue 1099-K & report earnings.  In this article, you will learn about the recent change in the tax laws & their...
5 min read
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Ines Zemelman, EA
• 10.06.22
A Practical Guide on How to Do Taxes As a Freelancer
The life of a freelancer is something to aspire to. You don't have to report to a boss or get dressed every morning and go through the trouble of a busy and noisy commute. You can also nap in the afternoon if you want to.  Over the next decade, the number of Americans working as freelancers is expected to skyrocket. Even if you are already...
5 min read
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Ines Zemelman, EA
• 18.05.22
A Guide For The Self-Employed on How To Save Money On 1099
Being self-employed means you are liable to compute, file, and pay your own taxes. Form 1099- NEC will tell you how much you have earned from each client you had during the year. Knowing how to save money on 1099 is equally important as knowing how much taxes you owe. The more deductions you are eligible to claim the less your taxable income...
5 min read
A Guide For The Self-Employed on How To Save Money On 1099
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Ines Zemelman, EA
• 16.05.22
A Tax Guide For Etsy Sellers: How To Report Etsy Income
The world is full of digital products but in the midst of it all, we have platforms like Etsy where the creators of unique handcrafted pieces and possessors of vintage treasures meet their true appreciators. If you are one such creator and have been earning through this online marketplace then your next step is to figure out how to report Etsy...
5 min read
A Tax Guide For Etsy Sellers: How To Report Etsy Income
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Ines Zemelman, EA
• 12.04.22
Your Complete Guide To Self-Employed Hair Stylist Taxes
Small businesses such as self-employed hairstylists enjoy a lot of freedom in running their businesses. However, there are several tax obligations, bookkeeping requirements, and other legal details that the self-employed hairdresser needs to know.  Those of you who own, operate, or cut and color your own hair as independent contractors may be...
5 min read
Your Complete Guide To Self-Employed Hair Stylist Taxes
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Ines Zemelman, EA
• 25.03.22
7 Most Common Self-Employed Therapist Tax Deductions
During tax season, therapists in private practices often experience many emotions. Finances can seem to hang over you like a shadow. Therapists and business owners might wonder how their self-employment tax affects their business's income and if they need to follow any special provisions. In this post, we will look at some tax deductions for...
5 min read
7 Most Common Self-Employed Therapist Tax Deductions
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Ines Zemelman, EA
• 24.03.22
Top 8 Tax Write-Offs For Beauty Industry Professionals
Are you a self-employed hairstylist, esthetician, makeup artist, or any other specialist in the beauty industry?  You should be aware that the IRS allows ordinary and necessary business expenses as tax deductions for independent contractors. These write-offs will reduce your taxable income. In this article, you will find out the top 8 tax...
5 min read
Top 8 Tax Write-Offs For Beauty Industry Professionals
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Ines Zemelman, EA
• 18.03.22
3 Major Nurse Tax Deductions You Can Deduct
One of the most rewarding parts of becoming a nurse is your ability to help others. Nursing is one of the most significant jobs on earth - providing people with the care they need when they most need it. Although the hours are long and the work is sometimes exhausting, nurses have a very critical job of giving care. Buying work-related items and...
5 min read
3 Major Nurse Tax Deductions You Can Deduct
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Ines Zemelman, EA
• 17.03.22
Top 11 Freelance Makeup Artist Tax Deductions
Are you a beautician preparing your self-employed makeup artist tax return? While doing so remember the IRS allows you to write off ordinary and necessary business expenses to lower your taxable income. In this article, you will learn about the Top 11 freelance makeup artist tax deductions to reduce your taxable income. 1. Startup Cost And...
5 min read
Top 11 Freelance Makeup Artist Tax Deductions
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Ines Zemelman, EA
• 15.03.22
How To Compute Self-Employment Tax: Schedule SE
Self-employment tax is social security and medicare taxes. Self-employed individuals use the Schedule SE to compute their SE Taxes. In this article, you will find out about SE Tax and Schedule SE. You will also learn how to fill out self-employment tax Schedule SE. What Is SE Tax? SE Tax is a combination of social security and medicare tax...
5 min read
How To Compute Self-Employment Tax: Schedule SE
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Ines Zemelman, EA
• 21.02.22
Multiple Jobs Tax Withholding: Tailor Tax Withholdings if You Work Multiple Jobs
Our topic focuses on federal income tax withholding from your paycheck, or more accurately “paychecks.” Our discussion will primarily emphasize special considerations and income tax withholding decisions for worker with multiple jobs. The employee needs an overall withholding perspective, so we begin with a brief discussion of withholdings...
5 min read
Multiple Jobs Tax Withholding: Tailor Tax Withholdings if You Work Multiple Jobs
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Ines Zemelman, EA
• 18.01.22
Complete Guide To Babysitter Taxes: Who Pays & Why
Your kids may have enjoyed more time with you because of working from home. The flexibility in your schedule in the past 12 months makes it possible for you to make extra money while avoiding spending money on child care. However, occasionally, you may need to hire a babysitter if you need assistance. As a result of our babysitting business,...
5 min read
Complete Guide To Babysitter Taxes: Who Pays & Why
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Ines Zemelman, EA
• 28.12.21
Self-Employed Mileage Deduction: All You Need to Know
As a self-employed taxpayer, expenses incurred when conducting business can be used as a tax deduction. This means you can write off expenses for mileage you took while doing business, but then how to write off mileage on taxes is what you are wondering about. If you use a car for business only, you can write off all of the costs involved in...
5 min read
Self-Employed Mileage Deduction: All You Need to Know
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Ines Zemelman, EA
• 29.11.21
How to Report Self Employment Income in 2021
Self-employed individuals, like other business owners, must report their income and pay taxes to the IRS. Questions abound when it comes to self-employment taxes.  What qualifies as self-employment income? Is there a specific way to report your self-employment income? What do you need to do before this? Is there a specific form that needs to...
5 min read
How to Report Self Employment Income in 2021
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Ines Zemelman, EA
• 27.10.21
Comprehensive Guide to Filing Taxes as a Photographer
Are you a passionate photographer who started earning from an activity that you used to do as a hobby? Your next step is to figure out the tax implications. In this article, you will learn about 9 factors to determine whether photography is your hobby or business, allowable tax deductions, and the relevant forms. You need to know this if you are...
5 min read
Comprehensive Guide to Filing Taxes as a Photographer
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Ines Zemelman, EA
• 26.10.21
How to Manage Your Self-Employed Personal Trainer Taxes
The question of whether personal trainers are independent contractors or employees is often contested among fitness studios. Despite that, we seldom discuss the differences between independent contractors as opposed to employees or self-employed people in the fitness industry and the resulting personal trainer tax implications. So, do personal...
5 min read
How to Manage Your Self-Employed Personal Trainer Taxes
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Ines Zemelman, EA
• 15.10.21
Self-Employment Tax: Basics for the Independent Contractor
There are many factors that affect whether your work relationship is one of employee or independent contractor. Our focus will be on tax consequences of self-employment.  Obviously, when you visit your doctor, you’re not thinking of the physician as your employee or employer. Nor does the doctor think of you as an employee or employer. On the...
5 min read
Self-Employment Tax: Basics for the Independent Contractor
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Ines Zemelman, EA
• 07.10.21
How to File Self-Employment Tax Return
It’s crucial to remember that if you’re self-employed, you’ll pay the same income tax as a person who works for an employer and receives a paycheck or compensation. The distinction is not in the amount of money taxed but in the fact that no company will routinely withhold this tax from each paycheck when you work for yourself. As a self-employed...
5 min read
How to File Self-Employment Tax Return
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Ines Zemelman, EA
• 21.09.21
Top 10 Self-Employed Write-Offs You Should Know When Filing Taxes
Do you enjoy the freedom that comes with being your own boss? But with great freedom comes great responsibilities. If you are self-employed, you are responsible for figuring out your own taxes. You also need to keep track of business expenses so you can claim the self-employed write-offs.   In this article, you will find out about who pays...
5 min read
Top 10 Self-Employed Write-Offs You Should Know When Filing Taxes
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Ines Zemelman, EA
• 08.09.21
Self-Employment Tax vs Income Tax
The IRS collects self-employment taxes from self-employed business owners. The taxes are based on the earnings you earn as an independent contractor or as a sole proprietor (not a corporation). The Self-Employed Contributions Act (SECA) is the name of the tax on self-employment. According to the IRS, self-employed individuals are required to...
5 min read
Self-Employment Tax vs Income Tax
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Ines Zemelman, EA
• 02.09.21
A Quick Tax Guide for Self-Employed Individuals in 2021
We have all thought about being self-employed: you get to work for yourself, choose which path to take, wear what you want, and so on. Many people found success through entrepreneurship, and if you put your mind to it, you can turn your dream into reality. However, freedom comes with a lot of responsibilities and expenses. Filing taxes as a...
5 min read
A Quick Tax Guide for Self-Employed Individuals in 2021