by Integrated Tax Services | Jul 7, 2022 | Taxes
Our tax code contains plenty of opportunities to cut your taxes. There are also plenty of places in the tax code that could create a surprising tax bill. Here are some of the more common traps. Home office tax surprise. If you deduct home office expenses on your...
by Integrated Tax Services | Jun 3, 2022 | Accounting & Bookkeeping
From supplementing their current income to replacing income that was lost because of layoffs, the pandemic or other reasons, many people have started side hustles over the past 2 years to help make ends meet. If you currently have a side hustle, don’t forget...
by Integrated Tax Services | Jun 3, 2022 | Taxes
Keeping your taxes as low as possible requires paying attention to your financial situation throughout the year. Here are some tips for getting a head start on tax planning for your 2022 return: Check your paycheck withholdings. Now is a good time to check your tax...
by Integrated Tax Services | May 2, 2022 | Business
The home office deduction is a great tax break for the millions of Americans who are now working from home, either occasionally or full-time. But there’s one huge catch…you can’t be an employee! That’s right, if you’re working from home for an employer, you normally...
by Integrated Tax Services | May 2, 2022 | Taxes
Now is the time to prepare for the not-so-pleasant part of having a summer job – paying taxes! Here’s what you can expect depending on what type of job you have this summer. The employee. A job at a retail store or restaurant generates earned income that is subject to...