You've taken the step towards working as an independent contractor, or you've decided to start your own business. Congrats! Being an independent worker can be be very fulfilling and exciting. However, one big question is probably bouncing around in your mind—how much money should I set aside for taxes?
Bookkeeping relies on debits and credits to ensure that a company's financial records are balanced. Debits are used to increase asset or expense accounts, while decreasing liability, revenue or equity accounts. Credits do the opposite.
Retrieving Uber receipts may not be immediately apparent to all users. In this blog post, we will guide you through the step-by-step process of retrieving your Uber receipts using the Uber app and website
It's no surprise that self-employed individuals strive to minimize their taxable income as much as possible. A frequently asked question is whether they can claim the standard deduction while still deducting business expenses.