I forgot to claim a BIG tax credit for one of my own Schedule C clients and now I need to file an amended return. That’s why I wanted to drop a quick note to make sure none of your clients miss out on this somewhat “hidden” tax credit. The Sick Pay and Family Leave Wages credits are claimed […]
“Legitimize Your Hustle” is the new message of the Schedule C Queen, Teowonna Clifton, of Simply Taxes of South Carolina, LLC, as she establishes her independent tax preparation business in the Columbia local market. She wants to focus on helping employees and entrepreneurs legitimize their side hustles. Join us in this episode of Tax Pro Nation as we listen to her stories and challenges as she grows her tax business through the Elevation Step and beyond.
This blog post clears-up the question of if you can claim a business loss when still working under a W-2.