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Can You Claim Yourself as a Dependent for Tax Purposes?
Discover if you can claim yourself as a dependent on a U.S. tax return. Learn about categories of dependents, tax credits, and tax deductions.
What Counts as Nontaxable Income?
Explore common sources of nontaxable income, such as life insurance proceeds, inheritances, disability payouts, child support, alimony, and gifts.
Top Dentist Tax Deductions Your Office Should Know
See which top dentist tax deductions to claim on your federal tax return, including equipment, salaries, office supplies, uniforms, and insurance.
Construction Equipment Depreciation Rate Explained
Learn how the construction equipment depreciation rate is affected by the depreciation method you choose and factors like part replacement.
Restauranteur's Guide to Kitchen Equipment Depreciation Rate
See how the depreciation method you choose affects your kitchen equipment depreciation rate and how much you can deduct each year.
How to Calculate Depreciation Expense for Your Business
Learn how to calculate depreciation expense for your business and how choosing different depreciation methods can affect your tax return.
How to Calculate Your Self-Employed Quarterly Tax Obligation
Learn how to calculate your self-employed quarterly tax and discover why it’s usually a good idea to seek help from an accounting professional.
Simple Guide to Bookkeeping for Beginners
Discover what bookkeeping is, why it’s important, and how to set up a bookkeeping system in your business using a spreadsheet or software program.
Explanation of the 5 Types of Filing Status for Taxes
Learn how choosing different tax filing statuses can change the rate of tax you pay, and the criteria individuals need to fulfill to be eligible for each filing status.
9 Benefits of Hiring a Tax Professional
Discover how hiring a tax professional to handle your tax return can be beneficial to you and your business, saving not only time but also money.
How to Outsource Tax Preparation to Professionals
Learn how outsourcing tax preparation to professionals can streamline the tax return process, saving businesses and individuals time & money.
List of the Best Tax Deductions for Construction Workers
Find out how tax deductions for construction workers can reduce tax bills for contractors, self-employed workers, and business owners.
How to Do Time Tracking in QuickBooks Online
Time tracking is software that allows billable time to be tracked. Find out how to do time tracking in QuickBooks Online for businesses and freelancers.
How to Use Nonprofit Balance Sheets & Other Related Questions
Learn how to make and use a balance sheet for nonprofits. This financial document helps you keep track of your finances and maintain your tax-exempt status.
How To Do Payroll in QuickBooks
Doing payroll in QuickBooks saves you time, leaving you free to manage your business. Learn how to set up and run payroll in QuickBooks in 6 simple steps.
Top 10 Tax Deductions That Independent Contractors Can Claim
Learn top 10 tax deductions for independent contractors to properly and legally maximize your deductions.
What Is the Statute of Limitations for IRS Audits?
Learn about the audit statute of limitations, and know your rights as a taxpayer.
The 7 Most Common Tax Mistakes People Make
Learn about the most common tax mistakes that people make, and see tips for filing a flawless return.
7 Tax Deductions That Restaurant Owners Can Claim
Restaurant owners can reduce their taxable income significantly by itemizing their business expenses. Discover the top restaurant tax deductions and credits.
The Top 15 Tax Deductions for Real Estate Agents
Real estate agents typically spend thousands of dollars in the course of their work. Find out 15 of the top real estate agent tax deductions that you can claim.