The changes to the new tax law may have you left with many unanswered questions. I want to make sure that you’re able to understand the key points to the changes in the Tax Reform.
Is Your Side-Hustle a Hobby or Business for Taxes?
Have you started your side-hustle or thinking about starting one? If so, it’s time to determine how to turn your side-hustle from hobby to business.
Whether you’re an online influencer, travel blogger, artist or musician, you need to know your status and if the IRS recognizes your hobby as a business. This is important in determining if you need to file taxes.
So, let me explain the difference to you!
What Are Tax Exemptions? Everything You Need to Know
You may be wondering, what are Tax Exemptions?
Tax exemption is a monetary amount given to help reduce your taxable income. Usually, you can deduct a specific amount for each exemption claimed for that particular tax year.
The Handy Tax Guy Does Taxes the Fun Way!
The Handy Tax Guy is here to give you a complete virtual tax service trouble-free with a human touch unlike any financial service out there.
We’re here to help alleviate your tax worries and to make the process of yearly web tax preparation as painless as possible.
We bring our services directly to you via SKYPE so you’ll never have to leave your home or office to file your tax return again.
