Business taxes, Deductions, Individualtaxes, Tax Planning
Top Tax Breaks for Middle-Class Families in 2025: Maximize Your Savings The 2025 tax year delivers significant tax breaks for middle-class families in 2025. The One Big Beautiful Bill Act (OBBBA) has unlocked new deductions and credits for households using the...
Business taxes, Estimated Payments, Individual taxes, Tax Planning
Common Mistakes in Calculating Estimated Taxes For freelancers, self-employed workers, and side hustlers, understanding estimated taxes is critical to staying in compliance with the IRS. Unlike W-2 employees who have taxes withheld from their paychecks, self-employed...
Business taxes, Estimated Payments, Individual taxes, Tax Planning
IRS Online Payment Options: Fastest Ways to Pay Taxes in 2025 As of 2025, more taxpayers are opting to pay IRS online through streamlined, secure channels. Understanding your options is key to avoiding late fees, ensuring compliance, and maintaining efficiency. This...
Business taxes, Individual taxes, Side Hustle
3 Simple Ways to Track Side Hustle Income Without Stress Running a side hustle is exciting, but when tax season rolls around, the bookkeeping side of things can feel overwhelming. If you’re driving for Uber, selling on Etsy, or freelancing online, every dollar...
Individual taxes, Business taxes, IRS Collections, Liens and Levies
Lien vs Levy: 17 Essential Differences You Must Know If you owe back taxes, you will eventually hear the term lien vs levy. These are not the same thing. A lien is the IRS’s claim against your property for unpaid taxes, while a levy is the legal seizure of that...
Business taxes, Side Hustle, Tax Planning, Uncategorized
Form 1099-K vs. 1099-NEC: What Side Hustlers Need to File in 2025 If you run a side hustle in 2025, understanding Form 1099-K vs. 1099-NEC is essential for accurate tax reporting. These two IRS forms often cause confusion for freelancers, gig workers, and online...
