9am-5pm M-F
Apps like Cash App, Venmo, PayPal, etc. DO have to report to the IRS for business items over $600. BUT – it’s for 2022, not 2021 taxes. This is only for businesses (when payments are entered as a good/service) and are reported on a 1099 to the IRS. For 2021 and past years, you had to have over 200 transactions and $20,000 before anything was reported.
Reach out to The Tax Shelter for help reporting these in 2023!
Wondering if you can deduct your home office??? Check out the video to learn how! Plus other deductions to save you thousands on your taxes
Deduct flights, Ubers, Starbucks and more for business retreats. Watch the video to learn all the ways you can save.
So many benefits from owning rental property. Check out the video for just the beginning of all you can deduct!!!
You can write-off over $1 million per year in leasehold improvements! Business Owners and Entrepreneurs – if you are improving spaces as a tenant –
Fill out the form below to download our free PDF!