by HintonBurdick | Jun 1, 2021 | News
If you’ve given money or property to someone as a gift, you may owe federal gift tax, but in many cases, you will not. For example, there is usually no tax if you make a gift to your spouse or a charity. If you make a gift to someone else, the gift tax usually...
by Tiffany Whitelaw | Jan 15, 2021 | Jobs
Each year accounting recruits ask me what they can do to stand out amongst the crowd of applicants. One easy and quick thing you can do is add a link to your LinkedIn profile onto your resume. Including this link on your resume can open up an additional opportunity...
by HintonBurdick | Sep 1, 2020 | News
The key to avoiding headaches at tax time is keeping track of your receipts and other records throughout the year. Whether you use an excel spreadsheet, an app, an online system or keep your receipts organized in a folding file organized by month, good record-keeping...
by HintonBurdick | Mar 2, 2020 | News
The short answer is yes, tips are taxable. If you work at a hair salon, barbershop, casino, golf course, hotel, or restaurant, or drive a taxicab, then the tip income you receive as an employee from those services is taxable income. Here are a few other tips about...
by HintonBurdick | Feb 3, 2020 | News
Many people enjoy hobbies that are also a source of income. From soap making and pottery to calligraphy and designing jewelry, these activities can be sources of both fun and finances. However, taxpayers who make money from a hobby should know that they must report...