Ryan McInnis 
Cryptocurrency can be a great way to make money and to explore the potentials of new forms of currency. However, people may be very unclear about how to handle their cryptocurrency holdings when it is time to file a tax return. With the rise of Bitcoin, many people have sought to invest in these alternative … Read more
When multiple people own a business together, they often form a legal partnership — making them shared owners in the financial future of their business. If you are an investor in a partnership (or run a business organized as a partnership), you may want more information on how to file your tax returns correctly. There … Read more
Most people in the United States are required to file their tax returns every year with the Internal Revenue Service. In the past, news footage would be filled with scenes of people lined up to mail paper tax returns to the IRS on April 15, the annual deadline to file an individual tax return. People … Read more
With the rise of the “gig economy,” an increasing number of people are working as independent contractors, and thus having to pay their independent contractor taxes. Whether you perform freelance work on the side or are running a long-time independent business as your primary source of income, you will need to report your income as … Read more
If you’re thinking about the best way to file your taxes for the coming year, you may be tempted to opt for TurboTax or one of the other off-the-shelf tax preparation software offerings. After all, they seem to be easier and cheaper, and you can do it yourself. On the other hand, if you have … Read more
Being a freelancer comes with a lot of perks. You work on your own time, on the projects of your own choosing, at whatever rate you decide. Whether it’s your full-time job or just a side gig, it’s a great way to earn some extra money doing something you’re good at – or even better, … Read more
Do you own a rental or investment property? If so, it is crucial that you declare the rent collected from tenants as rental income when filing your taxes. It is important to note that you are able to deduct expenses incurred for maintaining your investment property. For first-time landlords, the additional tax declarations can be … Read more
No one likes having to file taxes. For the majority of US citizens, tax filing is something to dread. We try to put off for as long as possible, right up until the April 15th deadline. Part of the fear around taxes is not knowing whether we’ll owe Uncle Sam money until the day we … Read more
If you’re reading this then you’ve probably realized that filing your own taxes might be more trouble than it’s worth and you’d probably be better off hiring a CPA or tax accountant. You’ve probably hit up your friends for recommendations and scoured Yelp reviews for the best tax pro in your area. Now the challenge … Read more
