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Is it a Business or a Hobby?
It’s your passion, your hobby but also your business. It doesn’t matter what you call it. But does it matter to the IRS? If you’ve got a side project or passion that’s making—or even losing—money, you need to know where the IRS draws the line. The difference can mean...
How to Find the Right Tax Advisor for Your Business
A tax advisor does much more than just file your tax returns—they can help you save money, optimize your tax strategy, and keep you compliant with ever-changing tax laws. Finding the right one, who will treat you like a trusted partner and advisor, is important so you...
Understanding Capital Gains
If you own investments (such as stocks, a rental property, or even cryptocurrency) or sell an asset you own (such as that art collection you’ve been curating), it’s crucial to understand how capital gains taxes work so you’re not caught off guard when tax season...