Posts authored by Jonathan Medows

Jonathan Medows is a NYC-based CPA who specializes in taxes for consultants across the country. His website has a resource section with how-to articles and information for freelancers.
Dec 7, 2021

Business meals are fully tax-deductible this year

That includes any per diem payments you might make to contractors.

Nov 23, 2021

End-of-year tax deductions you can't afford to miss

New IRS rules for deducting charitable giving, and other expenses you can write off before the end of the year.

Nov 19, 2021

Getting serious about crypto? The IRS is watching

A provision in the new Infrastructure bill will increase IRS reporting requirements for cryptocurrency gains

Nov 10, 2021

The Employee Retention Credit may be ending early

Freelance businesses claiming the Employee Retention Credit should be aware of a change in the pending infrastructure bill.

Oct 26, 2021

A proposed tax compliance law could put freelancers under the microscope

Banks may have to report the flow of money into accounts to the IRS in an effort to better tax the very wealthy. But it might catch busy freelancers, too.