#recordkeeping

[ follow ]
#irs-audits #schedule-c #high-income-taxpayers #telework #locality-pay #oversight #organization #planning
Business
fromEntrepreneur
2 days ago

4 Audit Triggers To Avoid For Entrepreneurs and High Income Individuals

High-income taxpayers who file Schedule C or claim aggressive deductions face heightened IRS audit risk and must maintain accurate, consistent records to reduce exposure.
US politics
fromDailycaller
1 month ago

DOD Breaks Down Just How Much Money Biden Admin Telework Policy Wasted

The Department of War OIG found at least $665,000 questionably paid in locality pay due to poor telework recordkeeping and inconsistent internal policies.
Education
fromPsychology Today
3 months ago

Why Your Boring Skills Might Be Your Most Valuable Strengths

Consistently applied mundane strengths like organization, planning, and recordkeeping accelerate progress, prevent mistakes, and create advantages in achievement and relationships.
fromFuncheap
4 months ago

Fear-Free Taxes for Artists, Freelancers and Small Businesses (SF)

Vanquish tax fear and gain practical tools for staying organized year-round. Learn strategies for tracking income and expenses, maximizing deductions and keeping records that make tax time easier. Topics include: Recordkeeping essentials Common tax forms (1040, Schedules A and C, W-2s, 1099s) Deductions for artists and freelancers Hobby losses and when to consider an LLC or S-Corp Tax treatment of sponsorships, affiliate income and gifted products
Business
[ Load more ]