Business taxes, Individual taxes, Side Hustle, Tax Planning
Understanding Side Hustle Taxes: What Every Hustler Must Know If you’re freelancing, driving rideshare, designing logos, or monetizing content online—you’re part of the growing gig economy. But here’s the reality: side hustle income is taxable. The IRS...
Business taxes, Individual taxes, IRS, Uncategorized
In 2025, the Internal Revenue Service (IRS) reduced its workforce by approximately 25,000 employees, resulting in a total headcount decline of over 25%. These IRS staffing cuts mark a significant shift in the federal agency’s operational capacity and influence both...
Business taxes, Home Office, Individual taxes, Side Hustle, Uncategorized
Side hustle income is taxable income—and if you’re not treating your hustle like a business, you’re setting yourself up for trouble. The Complete Guide to Building and Taxing Your Side Hustle Right is now available—a practical, high-impact e-book written by a...
Tax Planning, Crypto Taxes, Individual taxes
Crypto Tax Reporting in 2025: IRS Rules, Form 1099-DA, and How to Stay Compliant Focus Keyword: crypto tax reporting 2025 As cryptocurrency adoption continues to grow, the IRS has responded with sweeping changes to crypto tax reporting in 2025. From the rollout of...
Individual taxes, Deductions
Introduction: Don’t Miss These New Deductions in 2025 The 2025 tax code quietly introduced three powerful deductions that many taxpayers may not even know exist: deductions for tip income, overtime pay, and auto loan interest. These changes arrived as part of the...
Retirement, Individual taxes, Social Security, Tax Planning
Introduction: Big Gains for Older Americans in 2025 2025 has ushered in a powerful new benefit for taxpayers aged 65 and older — a $6,000 bonus deduction under the newly enacted tax legislation. This provision offers substantial tax relief, especially for retirees...
