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You are here: Home / Archives for Income

Income

How to Determine Self-Employment Tax

March 11, 2020 by Rachel Lynn Leave a Comment

When you first start your small business, or you receive your first self-employment paycheck, you may begin to wonder about the process of paying your taxes. Of those taxes, the self-employment tax is often the most frequently misunderstood. This guide will explain what the self-employment tax is and how to determine what you owe.

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Filed Under: Accounting Tagged With: accounting, tax returns, taxes

Which Business Travel Expenses are Tax Deductible?

February 22, 2020 by Rachel Lynn Leave a Comment

For most small business owners, traveling for business purposes is a normal occurrence. But, when that first event arises, you may be left wondering how to document your travel expenses. Even more, you may not know exactly which small business travel expenses are tax-deductible.

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Filed Under: Accounting, Business Travel Tagged With: accounting, tax returns, taxes, travel

What is an employer identification number?

January 25, 2020 by Rachel Lynn 2 Comments

What is an employer identification number and do I need one? Both are really great questions. It can be a bit confusing sometimes to understand all of the ins and outs of being self-employed.

Because there are so many possible scenarios for this topic, I will try to be as general as possible. However, you should note that I am mostly speaking to bloggers, freelancers, and the like. So, take that into consideration as you read through this post. 

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Filed Under: Accounting, Business Tagged With: accounting, blog business, small business, taxes

December Income and Traffic Report

January 16, 2020 by Rachel Lynn Leave a Comment

I can’t believe that I have done an entire year of income reports! It has been a wild ride this year, and December is finishing off with its own chaotic signature. So, let’s jump right into the income and traffic report for December and see what happened.

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Filed Under: Reports Tagged With: algorithm, google, income, traffic

November Income and Traffic Report

December 20, 2019 by Rachel Lynn Leave a Comment

November was what I perceive to be the beginning of a not so great start to the end of the year. Normally, I am ecstatic when the 3rd quarter rolls around because the earnings are usually out of the park. While the November income report shows a good increase over the previous year, it was definitely not what I was expecting.

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Filed Under: Reports Tagged With: income, reports

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