Hobbies and businesses are treated differently when it comes to filing taxes. The biggest difference between the two is that businesses operate to make a profit while hobbies are for pleasure or recreation. Either way, if they are paid through payment apps for goods...
taxes
Year-round tax planning tips for taxpayers
Here are some simple things taxpayers can do throughout the year to make next filing season less stressful. Organize tax records Create a system that keeps all important information together. Taxpayers can use a software program for electronic recordkeeping or store...
The employer-provided Childcare Tax Credit is worth up to $150,000
The employer-provided Childcare Tax Credit is an incentive for businesses to provide childcare services to their employees. About the tax credit This tax credit helps employers cover some costs for childcare resource and referral and for a qualified childcare...