At My Accounting Now, we believe in empowering business owners with the knowledge and tools they need to thrive. Our blog serves as a resource hub, offering insights into critical aspects of business finance, from effective bookkeeping practices to strategic tax planning. By staying informed and proactive, business owners can avoid common pitfalls and leverage financial strategies to fuel their growth and success.
2025-07-11
Tax debt can be a heavy burden for many taxpayers in the United States, especially during difficult economic times. The Internal Revenue Service (IRS) offers several options to help those with tax debt, allowing taxpayers to regularize their financial situation without falling into more serious legal trouble.
2025-07-03
The sharing economy, also known as the collaborative economy, is an economic model in which goods, services, or knowledge are shared between individuals, often through digital platforms.
2025-06-25
Taxpayers in the United States are required to report tips as income on their tax returns, a regulation that is critical for tax compliance. Tips are monetary compensation that customers give to service employees, such as waiters, taxi drivers, hairstylists, etc., and can represent a significant portion of their total income.
2025-06-02
As the country adapts to the economic and social challenges that have arisen in recent years, the tax administration has considered various strategies to ease the financial burden on taxpayers.