by | Jan 29, 2020 | Tax Tips and News
From Uber to AirBnB, Lyft to TaskRabbit, more Americans are getting involved in the gig economy. Whether their involvement is just a side hustle or the main event, taxpayers can find income earned in this way can affect their tax returns—and it’s not always in a...
by | Jan 17, 2020 | Tax Tips and News
What is the Gig Economy Tax Center? Freelancers aren’t a new part of the workforce, but the rapid growth of contract labor has popularized terms like “gig economy” and “on-demand work.” To help taxpayers, the Internal Revenue Service unveiled a new online resource:...
by | Jan 16, 2020 | Tax Tips and News
Updated January 15, 2020: We incorrectly listed the standard mileage rate for business use as 5 cents per mile. The Internal Revenue Service has set the optional standard mileage rates for 2020. These rates are used to figure the deductible costs of operating a...
by | Jan 13, 2020 | Tax Tips and News
The second day of National Tax Security Awareness Week saw the Internal Revenue Service spotlight common signs of tax-related identity theft phishing scams. As one of the most common data-security threats faced by taxpayers and tax professionals alike, phishing scams...
by | Jan 13, 2020 | Tax Tips and News
Passwords are a ubiquitous part of life in the Digital Age, but many of us aren’t particularly good at making them. That’s why the Security Summit is highlighting tips for creating strong passwords on the third day of National Tax Security Awareness Week. The IRS...