Bitcoin 101

Bitcoin 101: Everything You Need To Know About Bitcoin

Bitcoin ImageYou can’t go to any major news website today without seeing something about Bitcoin and its meteoric rise from about $1,000 in January of 2017 to over $16,000 in 11 months!

Billions of dollars are being made in this new market and it’s no wonder that interest in Bitcoin and other cryptocurrencies is white hot right now.

What is Bitcoin? How do I buy & sell it? Will I be taxed on my Bitcoin sales?

These are all very important questions, and while we can’t speculate to how long this trend will last or if investing in Bitcoin is right for you, we can help educate you to make a more informed decision.

This Bitcoin article is brought to you by Everlance, the #1 automatic mileage & business expense tracking app on the market.

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2018 IRS Standard Mileage Rate

IRS LogoNOTE: The 2018 Standard Mileage Deduction Rate has not been released yet. We will update this article as soon as the rate is available.

Every year the IRS updates the Standard Mileage Deduction Rate and no matter what type of driving you do, if you drive for business purposes, moving or charitable causes – the 2018 IRS Standard Mileage Deduction Rate is there to help you easily deduct your mileage.

For those of you wondering why you’d use the standard mileage deduction rate instead of itemizing expenses for actual costs, you do have a choice. You can use one or the other, but you can’t use both.

The IRS has attempted to simplify the deduction process for everyone with the standard mileage deduction, however you’re not required to use it – you do have another option. Continue Reading

Per Diem

Per Diem Rates

What Is A Per Diem?

Per Diem, Latin for “per day” or “for each day” is a common business term for the amount of money that is given to an employee, student or other individual for their daily needs.

You might ask yourself why an employer would opt to hand out a per diem rate instead of requiring an expense report. It seems that the more detailed expense report would cover all of the necessary costs accurately.

There are actually 2 good reasons.

  1. Cost savings
  2. Less work (for both sides)

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8 Alternatives To Uber

8 Uber Alternatives: Delivery Services Like Uber

Don’t want to drive for Uber or just want to try something different? Here are 8 alternatives to Uber that can help you earn money on the side.

There’s Uber, UberRush for business, UberEats for hungry people. We get it, Uber and their stylized uppercase U sticker is everywhere. Millions of people use Uber every year and there are over 7,000,000 drivers in their fleet servicing 633 cities throughout the world.

It’s not a stretch to say that Uber the largest on-demand ridesharing service in America.

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Real Estate deductions

10 Common Tax Deductions For Real Estate Agents

Your job as a real estate professional is hard enough. You’ve got to bend over backwards to get seller listings and hustle to get buyers. You’re driving back and forth from the office to potential clients to open houses and more. It’s how the job works and when you do it right, the hard work can really pay off.

Today we want to look at common tax deductions for real estate agents. Deductions that may seem small but can really save you a lot of money.

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