by Tracy Sanda | Jun 2, 2026 | Accounting, Tax
New 1099-K Reporting Rules: What Gig Workers and Freelancers Need to Know If you’re a freelancer, gig worker, or small business owner who gets paid through platforms like PayPal, Venmo, Etsy, Uber or online gig apps, there are important tax changes you need to...
by Tracy Sanda | Mar 16, 2026 | Accounting, Tax
The Importance of Accurate Record-Keeping, Staying Organized, and Utilizing Accounting Software Accurate record-keeping, strong organizational habits, and effective use of accounting software are essential pillars of sound financial management. Whether managing a...
by Tracy Sanda | Mar 2, 2026 | Accounting, Tax
To allow your accountant access to your bank’s online banking system, follow these general steps. This typically involves navigating to a “User Management” or “Account Access” section, where you can add a new user and set permissions—usually “view-only” for...
by Tracy Sanda | Feb 17, 2026 | Accounting, Tax
The treatment of tip income is changing in 2025, thanks to the new “No Tax on Tips” provision introduced under the One Big Beautiful Bill Act (OBBBA). While tips remain taxable in several respects, eligible workers may now claim a federal income tax deduction of up to...
by Tracy Sanda | Feb 10, 2026 | Internal Revenue Service, Tax
Vehicle expenses can be a valuable tax deduction, but only when mileage is properly classified and documented. For tax purposes, the deductibility of mileage depends on whether the travel is considered business, commuting, or personal. Understanding these distinctions...
