The Nitty Gritty About 1099s
Biz Miles: How tracking them will save you money at tax time
Since I am an entrepreneur, I can deduct all my meals, right?
The Blog
Featured posts
I believe you should always feel empowered as the true CFO of your business, even if you’re not the one actually in the trenches of managing your finances. That begins with ongoing education—which is kind of my speciality!
From understanding the ins and outs of the bookkeeping process, to tips and tricks you can implement in your own business to simplify your books, financial goal-setting, and more, I’ve answered questions that you probably haven’t even thought of yet!
Everything you need to know about bookkeeping!
latest posts
If you use your personal car to drive for the purpose of business, you can deduct those miles! What does that mean? Well, it essentially means that you can reduce the amount paid to Uncle Sam and keep more money in your pocket. There are two ways to do this: the actual method or the […]
READ POST
I hate to be the bearer of bad news, but unfortunately, you cannot deduct your daily Starbucks run or your weekly CEO luncheon 🙊. What are business meals? Business meals are deductible business expenses and most meals are deductible at 50%. That means that if you took your client out to lunch and spent $50, […]
READ POST
There can be a lot of confusion around 1099s. And to be fair, the rules are ever changing, so let’s break down 1099s and filing requirements for 2023, What is a 1099? A 1099-NEC is an IRS form used to report non-employee compensation (aka payments to contractors) of $600 or more in a given tax […]
READ POST
