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"Will the IRS find out" is the wrong question. ep. 42
Manage episode 364887010 series 2983113
In this episode Ben and Steven discuss the difference between "reportable income" and "taxable income", particularly as it relates to taxpayers doing contract and consulting work (a.k.a "side gigs"). Of course, reporting all of your income is important but this is still the Least Boring Tax podcast and all about helping you sand off the rough edges of your tax bill. Listen in as Steven and Ben go through some of the deductions you may be able to claim against your non-employment income to help lower the amount of your hard-earned money the IRS keeps every year.
75 jaksoa
Manage episode 364887010 series 2983113
In this episode Ben and Steven discuss the difference between "reportable income" and "taxable income", particularly as it relates to taxpayers doing contract and consulting work (a.k.a "side gigs"). Of course, reporting all of your income is important but this is still the Least Boring Tax podcast and all about helping you sand off the rough edges of your tax bill. Listen in as Steven and Ben go through some of the deductions you may be able to claim against your non-employment income to help lower the amount of your hard-earned money the IRS keeps every year.
75 jaksoa
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