October 18, 2016

New to Estimated Taxes? The Rules

We’re into the fourth quarter of 2016: Have you been keeping up with your estimated income taxes? There are a lot of advantages to being self-employed, […]
October 3, 2016

Use Tax in the State of Washington

Business Cents is getting more and more questions about use tax and when this tax is owed. That means it’s time to educate and clarify this […]
September 20, 2016

How Charitable Contributions Can Affect Your Income Taxes

Giving is a good thing. It can also help reduce your income tax obligation. If you regularly file a Schedule A, you know that most of […]
August 22, 2016

Using a Vehicle for Business: Q&A

Using a Vehicle for Business: Q&A IRS rules and exceptions abound, but there are some questions we can answer simply. Next to your home, your car […]
February 2, 2016

Contractor or Employee? How the Income Tax Obligations Differ

It’s a very important distinction, and one that can get you in hot water if you misclassify workers. Full-time employees of companies often look at independent […]
February 2, 2016

What You Need to Know About Estimated Taxes

It’s not just self-employed individuals who are required by the IRS to pay estimated taxes. There are numerous advantages to being self-employed. The top benefit that […]
February 1, 2016

Do You Need to File Form 1099s?

There are a number of situations where you’ll have to create and/or file Form 1099s. Are you affected? If you’ve been sending Form 1099s for years, […]
February 1, 2016

How to File an Amended Tax Return

Oops! Did you determine that you made an error on an income tax return that you already filed? It’s not unusual. That’s why the IRS has […]
January 29, 2016

Should You Claim the Home Office Deduction?

It can reduce your income tax obligation, but be sure you understand the IRS’s rules. One of the many ways the internet has changed business over […]