< iframe width= "480" height =" 320" src= "https://www.youtube.com/embed/6udyX1fIIrY?rel=0" frameborder= "0" allowfullscreen >< img design= "float: left; margin:0 5px 5px 0;" src =" http://ustaxreview.org/wp-content/uploads/2021/07/1yGgsa.jpg"/ > Be prepared for taxes for your side hustle or small business! When you understand these IRS tax guidelines for small companies, you can manage your Arrange C taxes without any stress. Get a complimentary month of my favorite budgeting program! https://youneedabudget.a4xxmk.net/c/373428/869639/10892?subId1=sfmyt FreeTaxUSA Link: https://click.linksynergy.com/fs-bin/click?id=FFx370CUNQ4&offerid=705030.10000072&type=3&subid=0 10% Off With Discount Coupon Code: FREETAXUSA10! My YouTube equipment: https://www.amazon.com/shop/smartfamilymoney?listId=2QNRAGNUHICPR My Favorite Cleaning Items: https://www.amazon.com/shop/smartfamilymoney?listId=1H7CTIMEBIIT My Preferred Things That Make Life Easier: https://www.amazon.com/shop/smartfamilymoney?listId=3FNMBLTTCUPBB 0:00 Introduction 0:09 What Income To Report 1:01 Which Tax Return You Need 1:17 Tax Software for Side Hustles 1:54 Hobby Service Rules 3:44 House Workplace Reduction Rules 4:30 Cell Phone Reduction Rules 4:54 Mileage Tracking Disclaimer: All info on this channel is my own opinion and not intended to be monetary guidance. Consult a Certified Public Accountant or financial consultant if you have concerns about your own financial scenario.