January 2025 - TakeAway Tax Service

What Uber and Lyft Drivers Need to Know About Taxes Before Hitting the Road

by Camille Conner | Jan 28, 2025 | Tax Deductions & Credits

As a tax professional, I’ve worked with many gig economy workers, including Uber and Lyft drivers. While driving for these platforms can be a flexible and lucrative way to earn income, it also comes with unique tax responsibilities that many new drivers aren’t...

Understanding Nonprofits: Types, Tax Situations, and Key Considerations

by Marial Washington | Jan 28, 2025 | Tax Deductions & Credits

As a tax professional, I’ve had the privilege of working with a variety of nonprofit organizations, each with its own mission, structure, and tax obligations. Nonprofits play a vital role in our communities, addressing everything from education and healthcare to...

Navigating Parenthood and Taxes: Essential Expenses and Deductions for First-Time Parents

by Alexandra Guerrero | Jan 28, 2025 | Tax Deductions & Credits

Becoming a first-time parent is an exciting and life-changing experience, but it also comes with a host of new responsibilities—including financial ones. As a tax professional and a first-time mom, I understand how overwhelming it can be to juggle the demands of...

5 Key Financial Strategies for Small Business Success in 2025

by Marial Washington | Jan 28, 2025 | Tax Deductions & Credits

Running a small business is both rewarding and challenging. Between managing operations, serving customers, and staying competitive, it’s easy to let financial planning take a backseat. However, staying on top of your finances is crucial for long-term success. To help...

Can You Write Off Your Vacation as a Business Expense? Maybe.

by Yvonne Cobb | Jan 28, 2025 | Tax Deductions & Credits

As a tax professional, one of the most common questions I hear is, “Can I write off my vacation as a business expense?” The idea of combining work and leisure is undoubtedly appealing, but the answer isn’t as simple as a yes or no. The IRS has specific rules and...

What Uber and Lyft Drivers Need to Know About Taxes Before Hitting the Road

Understanding Nonprofits: Types, Tax Situations, and Key Considerations

Navigating Parenthood and Taxes: Essential Expenses and Deductions for First-Time Parents

5 Key Financial Strategies for Small Business Success in 2025

Can You Write Off Your Vacation as a Business Expense? Maybe.

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