5 Ways to Avoid a Tax Audit
It's that time of year when you are feverishly trying to complete your tax returns. As you’re collecting documents and crunching numbers,...
'Tis the Season for Gift Cards
With Hanukkah upon us and Christmas and Kwanzaa right around the corner, it is definitely the season for giving. Gift cards are one of...
A Checklist of Expenses and Deductions for Your Yoga Business
Deducting your yoga business expenses from your income reduces your tax bill. Deductible expenses are those that are seen as “ordinary...
Teaching Kids Yoga - 5 Things You Must Know
Children benefit from yoga - they learn how to exercise, develop confidence, exhibit self-care, and even to focus. To encourage kids to...
3 Things Every Studio Owner Should Know about Contracts
#yogabusiness #contract #newyogastudio
End of Summer Reading List
Sadly, summer is almost over, but there is still time to add some books to your summer reading list as you make your transition to the...
It's Time for a Summer Refresh
Although it's officially ♪♫♬ summer, summer, summer time, ♪♫♬ it is still not too late to spring clean your yoga business's records. Here...
2018-19 Tax Deadlines for Your Yoga Business
We know. You're exhausted and overwhelmed. You just finished your 2017 taxes and now we are already posting about next year's taxes. But...
Understanding the 1099-MISC Form
What exactly is that 1099-MISC form you received? The IRS requires any person or business who makes certain types of payments to report...
Documents Your Tax Preparer Needs to Do Your Yoga Business's Taxes
As a busy yoga teacher and/or studio owner it is tough to remember all of the things your tax preparer may need to do your taxes, but it...
