Do you have health insurance? Many self-employed people don’t. But all Americans are “supposed” to have it now. Actually they were “supposed” to get it by March of last year. Did you? There’s a new form on the tax return. If you have insurance, and had it for all of 2014, and did not use…
Written by Dspeakes. This is part of a special series of articles about tax essentials for mystery shoppers. Click here to view all of the articles. Part 2: Deductible or not? When you are in business you can deduct anything that you incurred solely because of your business, as long as it is “ordinary and…
Written By Dspeakes. Part 1: Record keeping for the Schedule C Imagine how easy it is to do a tax return when you start out with easy access to the right information. What is the right information? Accurate sums for the income you received, the expenses you had totaled by type, a mileage log for…