Bookkeeping

Uber messed up my 1099 by putting an incorrect amount that I have been working for them I don’t want the IRS at my door. What should I do?

Content How to get your tax package ready when you participate in the “Shared Economy” Self-employment taxes A jump start on your tax deductions Using the standard mileage method During peak hours, Lyft’s Prime Time pricing kicks in, allowing you to make more money when you need it. And unlike other rideshare apps, you can …

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Contra Asset Examples, How a Contra Asset Account Works

Content Types of Contra Accounts How to Calculate Units of Activity or Units of Production Depreciation Accumulated depreciation is what type of account?- Video Discount on Bonds Payable Definition of Contra Account Contra Asset Key examples of contra asset accounts include allowance for doubtful accounts and accumulated depreciation. Allowance for doubtful accounts reduce accounts receivable, …

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Topic No 502 Medical and Dental Expenses Internal Revenue Service

Content Do Small Businesses Get Tax Deductions for Providing Health Insurance? How to maximize your insurance write-off Health insurance tax credits for employees If your premiums are made through a payroll deduction plan, they are likely made with pre-tax dollars, so you would not be allowed to claim a year-end tax deduction. In order to …

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