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Tag Archives: tax deductions

Commonly Missed Tax Deductions for Stylists, Barbers and Beauty Professionals

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You’re in the world of perfecting your client’s physical appearance whether it is through hair, fashion, or makeup. The last thing you want to worry about is making sure your taxes are prepared correctly and with optimal care. The advisors at The Handy Tax Guy are aware of this and always want to make your life easier when it comes to helping you prepare your taxes. Read More

blog tax tips

Tax Deductions and Tips for Bloggers: What You Need to Know

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Did you know that as a Blogger, you can write off some of the common items you use to make your web empire awesome?

Bloggers have now etched their space into the digital world loud and strong. They have sacrificed sleep and social life to get that time sensitive post out for their followers. We at The Handy Tax Guy understand this burden and are here to help you steer through the world of taxes, especially the tax issues that affect you as a Blogger. Read More

tax credit and deduction

Tax Exemption vs. Tax Deduction. What’s the Difference?

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Are you ever confused when your tax advisor says “take this exemption” or “let’s use this deduction?”

Don’t worry, you are not alone.

Most tax payers are not aware of the difference between a tax exemption and a tax deduction. The advisors at The Handy Tax Guy take pride in teaching clients how to achieve financial peace in many different ways and this is one topic we’d love to explain to everyone.

Now let’s break down the difference between a tax exemption and a tax deduction! Read More

Tax Deduction Checklist for Teachers

Tax Deduction Checklist for Teachers

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Here at The Handy Tax Guy, we’re all about making your 2016 tax preparation season as smooth as possible. We’ve put together a quick tax deduction checklist for teachers and other educators. Read More

2015 Tax Deduction Highlight: Mileage Deduction Rate

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Mileage deduction rate is one of the tools used to help businesses small or large alleviate the tax burden when a vehicle is used for business purposes and more. This deduction can be especially important for tax payers such as independent contractors.

According to the IRS, the standard mileage deduction rate for businesses is based on an annual study of the fixed and variable costs of operating an automobile, including depreciation, insurance, repairs, tires, maintenance, gas and oil. Read More

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