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Janet Berry-Johnson

CPA

A freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses, Janet Berry-Johnson is a regular contributor to several online publications, including Business Insider, Money Crashers, and Self Financial. She helps people make sense of complicated accounting and income tax questions.

More From This Author

What Is the Self-Employed Health Insurance Deduction?

The self-employed health insurance deduction can help offset some of the costs of paying out-of-pocket for health care coverage. Find out who can…

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Why and How to File Back Taxes

The IRS is typically willing to work with taxpayers who make an effort to get caught up on their tax filing obligations. Filing back taxes can help…

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What Does Exempt Mean? Why It Matters for Your Business

Businesses don't have to pay overtime to exempt employees, but every employee doesn't qualify for exempt status. Find out who qualifies and what that…

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Small Business Filing Requirement for Employee Healthcare: Form 1095-B

Aside from W-2s, 1099s, and other tax documents small businesses need to issue at year-end, you may need to file Form 1095-B. This form isn't…

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What's the Difference Between Tax Fraud and Negligence?

Mistakes are a fact of life - even mistakes on taxes. The line between careless mistakes and tax evasion or tax fraud is sometimes blurry, but it's a…

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IRS Interest Rates on Taxes Your Business Owes

If you don't pay all the taxes you owe when they are due, you may owe interest and penalties on the outstanding balance. The amount of interest you…

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What Is Debt Financing for Small Businesses?

Decide if debt financing is the right way for you to fund business growth.

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What Is MACRS Depreciation?

Most long-term assets you use in your business must be depreciated using the MACRS depreciation method—at least on your tax return.

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What Is Fixed Cost?

Fixed costs are expenses you pay each month, regardless of your business's sales or production. Understanding your fixed costs can help you price…

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Tax Dos and Don'ts for Gig Workers

Don't let your gig work lead to a surprise tax bill. Follow these tax dos and don'ts for gig workers to prepare for taxes and lower your tax bill.

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