Since the first online markets came out, people have been selling everything from sweaters to computers. It turns out Uncle Sam has been missing out on his cut and has asked the IRS to get it to him. A new law passed by congress for the 2022 tax year requires a 1099-K to be sent from these online platforms to the IRS that informs them of anyone earning more than $600, which potentially has tax implications for anyone involved in this space.

This week’s tax tip is for all of our traveling business people and the deductions you can get for business trips. Ironically, this week’s tax tip is brought to you by the very same people who want you to pay your taxes, the IRS! The article includes the various deductions one can list on their taxes due to business including food, gas, transportation tickets, and most importantly, how to document all of that so it is easy to file your taxes when the time comes.

No one wants to be hacked or tracked. Getting sensitive information read by apps can make you uneasy, and getting it stolen by hackers can be a nightmare for you personally or your business. This article goes through all the information that apps on your phone can track, and it provides a step-by-step guide for how to assess and minimize the data that they track, in order to protect your security and peace of mind.

This week’s article takes a look at a decision that could make or break your business—and your marriage. Going into business with your spouse comes with many unique advantages and disadvantages, and it can be hard to navigate between the two. Since you spend a lot of time together, you will have plenty of time to think over and discuss business decisions, but that work can get in the way of your relationship. This article goes through it all and offers expert opinion on how to make the most of working with your spouse.

This week’s article provides an interesting glimpse into the economics of gift cards and how companies make millions of dollars off of people never using them and spending extra over a gift card’s amount. It’s a worthwhile read for those interested in economics and might even lead you to consider whether gift cards could be a good fit for your business, if you have one.

This week’s article looks at one of the last things your family, friends, or business would want to stress over upon your death: your passwords. It goes through password management software with systems for assigning heirs, what types of passwords are important to save, and how you can set someone up to receive full or partial access to your Google, Facebook, and Apple accounts upon your passing.