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Video: When to Issue a 1099-MISC Tax Form
Do you operate a trade or business? If the answer is yes, you may want to learn about your potential 1099-MISC filing requirements. Watch this video to find out more about the requirements for issuing a 1099-MISC. Read more…

How to Use Your Lyft 1099: Tax Help for Lyft Drivers
Whether you drive for Lyft full-time or part-time, you’re now enjoying the pay, perks, and prerogatives of being self-employed—from setting your own hours to building customer relations. With the onset of tax season, you face a new business challenge: filing your taxes in a way that minimizes your tax liability. Follow these tips on how to use your Lyft 1099 to complete your tax return and maximize your tax deductions. Read more…

Standard Mileage vs. Actual Expenses: Getting the Biggest Tax Deduction
The IRS offers two ways of calculating the cost of using your vehicle in your business: 1. The Actual Expenses method or 2. Standard Mileage method. Each method has its advantages and disadvantages, and they often produce vastly different results. Each year, you’ll want to calculate your expenses both ways and then choose the method that yields the larger deduction and greater tax benefit to you. Read more…

What Online Business Owners Should Know about IRS Form 1099-K
If you are an online retailer and accept credit card payments over the Internet, you may also have to deal with reporting any 1099-K forms that you receive from credit card or third party processors. Accounting for these forms accurately is important to ensure that you do not pay too much or too little tax. Read more…

Driving for Lyft? Use This Tax Preparation Checklist
So, you decided to become your own boss (at least part-time) and start driving for a ride-sharing company like Lyft. Use the Lyft tax preparation checklist below to organize your income and deductions to make filing your taxes a breeze. Remember, not all items listed will apply to you, but it will give you a good idea on what you need to report as income and what you can claim as a deduction. Read more…


More Self-Employment Taxes Articles

Estimated Taxes: How to Determine What to Pay and When Working at Home Didn't Get a 1099? Non-1099 Rideshare Driver Tax Tips 2018 Tax Reform Changes for Self-Employed Businesses Can I Write Off Credit Card Interest on My Taxes? Maximizing Tax Deductions for the Business Use of Your Car The Self-Employment Tax Top 6 Tax Tips for Sharing Economy Freelancers 4 Tax Tips for Money-Making Hobbies Tax Tips for Real Estate Agents and Brokers Common Tax Deductions for Construction Workers What Is Schedule H: Household Employment Taxes Top Tax Deductions for Consultants What Is the IRS Form 1099-MISC? Sales Tax 101 for Online Sellers How an S-Corp Can Reduce Your Self-Employment Taxes Video: Self-Employment Tax Deductions on Cell Phones Estimated Taxes: Common Questions A Closer Look at IRS Form 1099 Business Use of Vehicles Filing Taxes for On-Demand Food Delivery Drivers Self-Employed Federal Income Taxes Peer-to-Peer Car Sharing Tax Tips Video: Tax Tips for Car Sharing Drivers: Uber, Lyft & Others Video: Tax Tips When Renting Out Your Home on Airbnb, FlipKey & Others Tips to Reduce Self-Employment Taxes Tax Tips for Lyft Drivers: Ridesharing Taxes Video: IRS 1099 Levy Contractor Options Gardeners and Landscapers Tax Tips How to Use Your Uber 1099s: Taxes for Uber Drivers 10 Surprising Ways You May Be Self-Employed Driving Down Taxes: Auto-Related Tax Deductions Top Tax Deductions for Photographers Filing IRS Form W-9 Video: IRS Rules for Reasonable Business Expenses Tax Tips for Bloggers Tax Tips for Yoga Teachers and Instructors Mobile Phones, Internet and Other Easy Tax Deductions 10 Tax Tips for Airbnb, HomeAway & VRBO Vacation Rentals Top Tax Write-offs for the Self-Employed Tax Tips for Selling Your Handmade Items Online What Is a Schedule C IRS form? Tax Tips for Uber Driver-Partners: Understanding Your Taxes What is IRS Form W-9? A Tax Filing Factsheet for eBay Sellers Form 1099-K Decoded for the Self-Employed Video: How to Read a 1099 MISC IRS Form Tax Tips for Handymen and Odd Jobs A Guide to Paying Quarterly Taxes Can Cellphone Expenses Be Tax Deductible with a Business? A Tax Guide for Solopreneurs: Self-Employed Tax Tips Video: How to Recover a 1099 Tax Form A Freelancer's Guide to Taxes Side-Giggers: Tax Tips for Side Jobs Self-Employed Less Than a Year? How to Do Your Taxes What Happens When Someone Forgets to File a 1099 on Their Tax Return? Renting Out a Room on Airbnb or FlipKey? How Much You Owe in Taxes Setting Up a Home Office Depreciation of Business Assets Tax Advantages to Incorporating A Tax Cheat Sheet for Kindle eBook Self-Publishing Myths About Quarterly Taxes for the 1099 Tax Form Reporting Self-Employment Business Income and Deductions How to File Taxes with IRS Form 1099-MISC Video: Tax Tips for the Self-Employed Is Interest on Credit Cards Tax Deductible? What Is an IRS 1099 Form? Tax Tips for Uber, Lyft, Juno and Other Car Sharing Drivers Tax Topics for Freelancers, Contractors, and Consultants How to Withhold Your Own Taxes The Musician's Guide to Taxes: Top Tax Deductions What is IRS Form 1040-ES: Estimated Tax for Individuals? How to Read a 1099-MISC Tax Form Video: Calculating Taxes on IRS Form 1099 Misc Tax Tips for Sole Proprietors 5 Tax Tips for Housekeepers Taxes 101 for TaskRabbit Taskers Top Tax Deductions for Massage Therapists Beginner's Tax Guide for the Self-Employed What Is IRS Form W-9? Ministers and Taxes Work as a Hair Stylist? Tax Tips for Hairdressers Selling on Etsy & Your Taxes Tax Tips for Freelance Writers and Self-Published Authors The Home Office Deduction Tips for Paying Estimated Taxes On-Demand Jobs and Your Taxes What is the Purpose of an IRS W-9 Form? Tax Tips for Nannies and At Home Care Givers Video: Expenses That Are Tax Deductible When Working from Home Video: Can I Deduct the Cost of a New Computer on My Taxes? Common Tax Deductions for Coaches

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