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Tax Tips for Unemployment Income if You’ve Been Laid Off or Furloughed

by dankeelan | Apr 5, 2022 | Finance, Taxes, Tips

While unemployment rates have decreased in America with an estimated 6.3 million claims for jobless benefits and the national unemployment rate just under 4 percent due to job loss or being furloughed, these are still unprecedented times and many Americans are...

Top Income Tax-Deduction Tips for Creators, Social Influencers and Gig Workers

by dankeelan | Mar 29, 2022 | Featured, Gig Workers, Taxes, Tips

The start of every new year inevitably means that tax filings are around the corner. For any accountant and bookkeeper, Q1 is their busiest time of the year because tax season is in high gear. If you’re self-employed, you’re probably starting to receive...

Did You Change Jobs in 2021, Start Investing, or Get Sick? It Could Affect Your Taxes

by dankeelan | Mar 8, 2022 | Finance, Taxes, Tips

The events of 2021 didn’t always play out as expected. A lingering pandemic, a shifting government response and a wave of career moves meant many people ended the year in a far different place from where they began. Now, as the income tax filing...

How Your Gig Work Income Could Take a Hit with New Tax Rules for Payment Apps

by dankeelan | Feb 1, 2022 | Future of Work, Gig Workers, Taxes, Tips

If you are one of the millions of Americans who makes an income through gig work or a side hustle, you probably get paid through an app like Venmo or PayPal or Cash App. They make it easy to exchange money for services and products – no muss, no fuss –...

Tax Season Opens; IRS Watching Gig Work

by dankeelan | Jan 25, 2022 | Featured, Finance, Gig Workers, Taxes, U.S. Economy

Tax season officially opened Monday. Each season comes with its own wrinkles. This year is no different says Esther Gulyas, President and CEO of EG Tax. In a new reporting requirement, the Internal Revenue Service (IRS) wants to know if you had a side hustle or gig...

If You Did Gig Work in 2021, the IRS Says You Owe Taxes

by dankeelan | Jan 18, 2022 | Featured, Finance, Taxes, Tips

If you made money from a full-time job or a side hustle last year, then you’re required to report those earnings on your 2021 income tax return. The IRS also offers several resources to help gig workers meet their tax obligations. You may or may not receive an...
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