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US Tax & IRS

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Tax Guides

Schedule C Instructions 2026: A Line-by-Line Guide for Freelancers

Complete line-by-line walkthrough of Schedule C for self-employed filers, covering income, expenses, cost of goods sold, and vehicle information.

May 1, 2026·22 min read
Tax Guides

What Is Schedule C? The Complete Guide for Self-Employed (2026)

Schedule C is where self-employed people report their business income and expenses. This guide covers what it is, who files it, how to fill it out, and what changes matter in 2026.

Mar 24, 2026
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14 min read
Tax Guides

IRS Mileage Log Requirements: What Records You Need to Keep

The IRS requires detailed mileage logs for every deductible business trip. Learn the five required elements, the contemporaneous record-keeping rule, and real audit cases.

Mar 15, 2026·6 min read
Tax Guides

IRS Mileage Rate 2026: What Self-Employed Need to Know

The 2026 IRS mileage rate is 72.5 cents per mile for business driving. Learn who can claim the deduction, how to calculate your savings, and what the OBBBA changes mean.

Mar 15, 2026·8 min read
Tax Guides

Does the IRS Accept Digital Receipts? What Rev. Proc. 97-22 Means for Your Records

Revenue Procedure 97-22 established the IRS framework for electronic recordkeeping nearly three decades ago. Learn whether scanning receipts or keeping email confirmations is enough for the IRS.

Mar 14, 2026·9 min read
Tax Guides

IRS Electronic Recordkeeping Rules: Building a Compliant Digital Tax System

The IRS has formally approved paperless recordkeeping since 1997. Learn the five core requirements for compliant digital record storage and how to implement them.

Mar 14, 2026·8 min read
Tax Guides

The IRS $75 Receipt Rule: When You Don't Need a Receipt for Business Expenses

There's a persistent rumor in freelancer circles about not needing receipts for expenses under $75. Learn what the IRS $75 receipt exception actually covers and what it doesn't.

Mar 14, 2026·7 min read
Tax Guides

IRS Receipt Requirements 2026: Complete Guide to Keeping Receipts for Taxes

Comprehensive guide covering IRS receipt documentation requirements, retention periods, substantiation standards, digital records, and audit preparation for business expenses.

Mar 14, 2026·12 min read
Tax Guides

IRS Per Diem Rates: How Fixed Allowances Simplify Business Travel Receipts

Per diem rates offer a simpler alternative to tracking every receipt during business travel by using fixed daily allowances set by the federal government.

Mar 14, 2026·8 min read
Tax Guides

Schedule C Receipt Requirements: What Self-Employed Filers Need to Document

Comprehensive guide to Schedule C receipt and documentation requirements for self-employed filers, covering expense categories, audit risks, and recordkeeping best practices.

Mar 14, 2026·11 min read