Tag: taxableincome

How to Maximize Tax Deductions and Tax Credits – LNK Tax Group

Paying income taxes is the obligation of all Americans. While we are happy to pay our fair share, no one wants to pay too much income tax. That is where tax deductions and credits come into play. U.S. Congress has written the tax code; all 4 million words of it; to allow individuals and businesses…
Read more

online pod cast streaming and taxes

Are the Donations I Receive from Online Streaming Taxable?

Did you know that if you are a US citizen and you are earning any income from streaming you might be on the responsible for paying taxes on the donations you receive? Despite their misleading name, donations are not tax free like the kinds of donations you give to a charity. They are taxable income!…
Read more