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How to Write Off Work Clothes for Tax Purposes
Learn how to write off work clothes and safety gear on your tax return. Discover if you're eligible, the IRS requirements, and practical examples.
How to Write Off Tools You Use for Work
Learn how to write off tools for work on your taxes. Discover who qualifies, the criteria for expense deductions & depreciation, and how to maximize tax benefits.
How Long Can You Claim a Child as a Dependent for Tax Purposes?
Learn the rules for claiming a child as a dependent and maximize your tax benefits, including qualifying children, relatives, and special circumstances.
Guide to Tax Deductions for Small Construction Businesses
Explore our comprehensive guide to tax deductions for small construction businesses, including construction materials, depreciation, travel expenses, & more.
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.