As many Americans are beginning to understand, there are several benefits and a few pitfalls of working from home. One of the biggest benefits is that you may be able to get a break on your auto insurance rates. Less time spent in the car during rush hour and less...
How to Handle Vehicle Costs on Your Tax Return Each Year the IRS determines standard mileage rates that taxpayers can use to deduct vehicle expenses incurred for work, for medical reasons, or in the service of a qualifying charity. The standard mileage is a simple way...
Ridesharing services like Uber and Lyft have become a popular option for people to supplement their income, or as full-time self-employment. However, rideshare driving opens up a grey area when it comes to car insurance. In fact, it isn’t grey at all, but it may...
It may yet be too soon to claim that we can look back at the global pandemic caused by the novel coronavirus for insights into how we could have been more prepared. By most accounts, there is more to come, and we will be feeling the effects of COVID-19 for a long...
By now, you’ve probably heard that Michigan’s no-fault auto insurance requirements are changing. In fact, the changes are set to go into effect in July 2020, after which drivers should finally begin to see savings on their car insurance rates! As always, the devil is...
Keeping Your Small Business Deductions Legitimate Every dollar counts when you are working for yourself as an independent contractor or small business owner. At tax time, you will want to minimize your taxable income as much as possible by deducting eligible business...
