Blog
What Happens If You Get Audited & Don't Have Receipts
Find out what happens if you get audited and don’t have receipts, and why it’s best to work through the IRS audit process with an Enrolled Agent.
Tax Implications for GoFundMe Organizers
Learn if money raised through GoFundMe is taxable and why campaigns for personal and business purposes are likely to be subject to different tax regulations.
Claiming Business Losses Against Other Income
Find out if you can write off business losses on your personal taxes, the limit on loss deductions, and how your business structure impacts eligibility.
IRA Withdrawal Tax Considerations for 2025
Discover when you pay tax on IRA withdrawals and how your choice of traditional or Roth IRA impacts your freedom to withdraw from your account penalty-free.
7 Best Ways to Reduce Taxable Income
Check out the best ways to reduce taxable income, including retirement plans, changing your business structure, and taking the QBI deduction.
Guide to Patreon Income Taxes
Learn if Patreon income is taxable, which taxes content creators typically pay, which forms to file, and when to get professional tax help.
How Much Should I Set Aside for Taxes as an Independent Contractor?
Discover how much you should set aside for taxes as a 1099 contractor, which taxes you must pay, and how to calculate and file estimated quarterly taxes.
Miscellaneous Itemized Deductions Explained & Examples
Discover what miscellaneous itemized deductions are, how itemized and standard deductions differ, and the impact of the Tax Cuts and Jobs Act on deductions.