Business Income

3. Method of accounting that records transactions when cash is exchanged
4. The cost of items that are expected to last more than a year should be spread over a period of years rather than deducted in the year of purchase.
6. Taxpayers who use their automobiles for hire or ride share services such as Uber, Lyft, Sidecar, etc.
7. The items the taxpayer buys or makes for resale to others.
8. Earned income from a trade, business, farming, or profession that is not paid by an employer.
10. One of two methods for calculating business automobile expenses.
12. If workers are independent contractors, such workers may nevertheless be treated as employees
13. anyone who performs services for you

1. One of two methods for calculating business automobile expenses
2. income received from the sale of products or services.
5. People who are in an independent trade, business, or profession in which they offer their services to the general public
9. amounts that are ordinary and necessary to carry on the business.
11. Any income received for work, such as wages or business income.