The gig economy—driven by freelancers, rideshare drivers, delivery app contractors, and remote consultants—is booming. While the flexibility and freedom can be great, it also brings important tax responsibilities that gig workers can’t afford to overlook.At Walker Tax...
The Earned Income Tax Credit (EITC) is a tax break for working people with low to moderate income. It can put money back in your pocket—even if you don’t owe taxes.Here’s a quick breakdown:Who Qualifies? You need income from work or self-employment and must meet...
Giving to charity isn’t just good for the community—it can also benefit your wallet. Here’s how:Tax Deductions: Donate to qualified charities and itemize your return to deduct the value.Variety of Gifts: Cash, goods, and appreciated assets (like stocks or real estate)...
Building wealth through investing is powerful—but don’t overlook the tax angle. Here are a few smart moves to help you keep more of what you earn:Use Tax-Advantaged Accounts: 401(k)s, IRAs, and HSAs offer valuable tax breaks.Hold Investments Long-Term: Long-term...
At Walker Tax Relief, we’ve seen firsthand how well-kept records can be the difference between smooth sailing and a tax nightmare. Whether you’re filing as an individual or managing a small business, accurate record-keeping isn’t just about staying...
Being your own boss has plenty of perks—flexibility, autonomy, and the freedom to grow your business your way. But it also comes with a more complex tax landscape. If you’re a freelancer, gig worker, or self-employed professional, you need to understand your...
