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With New Year resolutions in mind, here are some “Healthy Food for thought for a Freelancer” When you pulled the trigger and decided to “free” yourself from working for someone and became a freelancer, you probably felt this sense of power.  You can now make the decisions and do the kind of work YOU want […]

With the advent of crowdfunding platforms such as GoFundMe, Kickstarter, Indiegogo, Lending Club, and Prosper, it has never been easier for individuals and small or new entities to raise capital. According to the 2021 GoFundMe Giving Report, the platform has raised more than $15 billion since 2010. The report notes that the fastest-growing campaign categories […]

It is crucial to monitor cash flow to ensure the continued prosperity of your business. Looking just at the revenue or the bottom line is a common error made by young enterprises. Significant revenue or net profit from Profit and Loss statement does not mean you have cash in the bank and can fulfill your […]

There is a general misconception that once you become self-employed, you can write off all your meals as a business expense, take your friends out to events and claim that as a cost of running a business, deduct all your travel and transportation expenses, or write off the cost of your entire home as a […]

Your IRS form 1040 requests that you report your cryptocurrency, but should you? Certain situations require that you report it, but others do not. We will walk you through those situations below. You must report crypto on your return if: You paid for goods or services in crypto, You received crypto for your services, You […]