Home Office Tax Deductions for Remote Workers
As the global pandemic spread across the world earlier this year, millions of Americans started working from home in order to minimize their exposure to the deadly virus. Doing so has resulted in a lot…
Taxhub Blog
Can I Deduct Rental Losses?
Over the past five years, the rental vacancy rates in the United States have seen a consistent drop caused by the growing market and an increasing number of families choosing to rent instead of own…
PPP Loan Update For Solopreneurs & The Self-Employed
News reports are saying the SBA is out of money…
3 BEST COVID-19 RELIEF OPTIONS FOR FREELANCERS, SELF EMPLOYED, & SMALL BUSINESSES
An outline of the main options and programs for Freelancers,…
Tax Deductions for Vehicles Over 6,000lbs
If you operate a business, searching for tax deductions is probably something that becomes a part of your daily regime as the April 15th deadline approaches each year. In case…
Can You Deduct Back Taxes on Your Tax Return?
With millions of small business owners who hold pass-through entities, it is not uncommon to see folks struggle to keep up with their taxes. After all, having such a venture…
Can I Deduct Rental Expenses Before Renting?
The quick answer to this question is yes and no.…
Does the IRS Know When You Buy or Sell a House?
Whenever you buy or sell a house, you are most…
Can You Deduct First-Class Tickets?
If you have been operating a business for a while,…
Is Rental Income Passive or Earned Income?
If you are one of the countless landlords in the…
Is Rental Property a Capital Asset?
According to the U.S. Department of Housing and Urban Development, there were over 48.5 million rental units in the nation in 2015. Given the economic growth, increasing earnings, and a…