Drive for a ride-sharing company or sell homemade trinkets on Etsy as a way of pocketing a little extra cash? If you are side hustling on an ongoing basis and your goal is to make a profit you are considered...
One of the most lucrative side hustle businesses to start is a photography business. With the right amount of training and equipment, anyone can be a photographer. There are no licensing rules and few relevant certifications — it basically comes...
If you are a personal trainer, you know what it takes to keep your body fit. But what about your self-employed business? Often personal trainers don’t even think of themselves as being in business, but they are. As a self-employed...
Does your pooch have more Instagram followers than you do, receive free doggy swag bags and seem to be all-around living his #bestlife? If your furbaby is making money as an influencer, it could be viewed by the IRS as...
If you earned a little income on the side, you might be wondering if you still need to file a Form 1040 if you’re self-employed. The simple answer to this question is yes, almost certainly! The threshold requiring you to file a...
Did you become a self-employed real estate agent last year? If so, you now own your own business and can take advantage of a lot of tax benefits related to running your own business. It’s important to realize that becoming...
As a business owner, I’m always looking into tax laws for any new credit and deductions that I’m able to claim. Plus the tax code could change each year, so that’s why it’s important to stay on top of your...
If you are now the proud owner of your own business, congratulations! By now, I’m sure you’ve experienced some ups and downs which usually comes with running your own show. But as you start to find your bearings and navigating...
I still remember the first year I did my taxes and had self-employment income. Similar to many first-time self-employed people, I didn’t go into the year knowing that I’d have self-employment income. One common mistake that many first time self-employed...
