Daily Archives: January 1, 2018

Did you take a picture of your odometer?

UncategorizedBy Carlos Samaniego, EA January 1, 2018 Leave a comment

It is January 1st: If you deduct your mileage, take a picture of your odometer today. The IRS requires contemporaneous proof and a photo of starting mileage for the year is excellent proof for those purposes. Pass it on to your clients.

W-2 AND a 1099? Here’s What To Know!

TAXBy Carlos Samaniego, EA January 1, 2018 1 Comment

Happy New Year! As we recover from the collective hangover that was 2017 and look forward to 2018, a lot of new contractors began working in 2017. With the advent of Uber, UpWork, Fiverr and Lyft, contractors are everywhere and the chances for taxation missteps are, too. If you sought to fill in some income…