Yes, if your side gig qualifies as a genuine business (with a profit motive) and meets both federal and New York State rules for deducting losses. That means you must show that your expenses directly relate to an active, profit-seeking…
Unfiled taxes can create concern and confusion for many people. You might think that once enough time passes, the IRS will simply move on, but that is not always true. If you have not filed tax returns in previous years,…
Divorce can be challenging for many reasons, but one major concern is figuring out who pays the taxes when a marriage ends. In New York, the rules can be confusing, especially if you and your spouse filed joint tax returns…