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Are you ever confused when your tax advisor says “take this exemption” or “let’s use this deduction?”
Don’t worry, you are not alone.
Most taxpayers are not aware of the difference between a tax exemption and a tax deduction. I take pride in teaching you how to achieve financial peace in many different ways and this is one topic I’d love to explain to you.
Now let’s break down the difference between a tax exemption and a tax deduction!
Many tax deductions for barbers and beauty professionals are missed each year!
You’re in the world of perfecting your client’s physical appearance whether it is through hair, fashion, or makeup.
The last thing you want to worry about is making sure your taxes are prepared correctly and with optimal care. I am definitely aware of this and I always want to make your life easier when it comes to helping you prepare your taxes.
The first thing you will want to do is to make sure all your documents are in line. In this article, I will show you how to get the most business deductions and lower your tax bill.
Feeling overwhelmed and confused about the differences between tax evasion vs tax fraud?
You’re not alone – many others, including myself, have faced this puzzling conundrum. After digging through federal codes and consulting with legal experts, I’m ready to shed some light on these complicated terms.
Stick around, you’ll discover actionable insights that may save you major headaches (and possibly a visit from the IRS) down the line!
Are Twitch donations taxable?
If you stream on Twitch and receive donations from your viewers, it’s important to note that these earnings are considered taxable income.
This article will guide you through the murky waters of tax obligations for Twitch streamers, helping clarify what is taxable and how to navigate necessary tax procedures.
Ready to level up your financial game?
Let’s dive in.
Are mileage reimbursements taxable?
If you’re struggling with understanding this, you’re not alone; I’ve tackled this same challenge.
It’s a common issue faced by both employers and employees, as it directly influences your taxes.
This article is a comprehensive guide to demystifying the tax implications of mileage reimbursements based on deep research into IRS regulations.
So keep reading to decode if you or your employees could owe Uncle Sam for reimbursed miles!
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