CONSUMER NEWS — Apr 13

Is a freelancer a business entity?

Sole proprietorship is the default business entity for freelancers. This means that if you start wor...

EDITORIALS — Apr 13

How do you read fire insurance?

Fire insurance is property insurance that provides additional coverage for loss or damage to a struc...

CELEB PRODUCT LAUNCHES — Apr 13

Where is 1099-MISC reported on Schedule C?

When you report the income on a Schedule C, the program will automatically calculate your self-emplo...

CONSUMER NEWS — Apr 13

Which is college education expenses are tax deductible?

Reminder: Keep your documentation! Schools will provide (via mail or electronic portal) the student ...

EDITORIALS — Apr 13

How much can you deduct for gambling?

The amount of gambling losses you can deduct can never exceed the winnings you report as income. For...