Can Parents Deduct Travel Costs for Side Hustle Events?
Parents supporting a child’s entrepreneurial pursuits may qualify for travel deductions if the side hustle operates as a legitimate business,…
Tag: tax deductions
Can Parents Deduct Camera Costs for Content Creation Gigs?
Parents of young content creators can potentially deduct camera expenses if the child’s gigs qualify as a business under IRS…
What Parents Need to Know About IRS Rules for Side Hustles in 2025
Parents juggling side hustles in 2025 face unique IRS rules. This article outlines key tax obligations, including Form 1099-K thresholds,…
Tips for Saving Money as a Stay-at-Home Dad with a Side Gig
“Stay-at-home dads with side gigs can save by budgeting wisely, leveraging gig income, and cutting costs. Track expenses, prioritize needs,…
How to Track Mileage for Tax Deductions as a Gig-Working Parent
“As a gig-working parent, tracking mileage for tax deductions can save you money. Use the IRS standard mileage rate or…
What Is the Easiest Way to File Taxes for Parent Freelancers?
“Parent freelancers face unique tax challenges, juggling work and family. This article outlines the simplest ways to file taxes, including…
How to Prepare Taxes for a Stay-at-Home Mom’s Online Store
“Stay-at-home moms running online stores can navigate tax season with ease by understanding key credits, deductions, and filing requirements. This…
Can Parents Deduct Training Costs for Side Hustles?
Parents juggling side hustles and family life may wonder if training costs for skill-building are tax-deductible. This article explores IRS…
How to File Taxes for Your Parent’s Fiverr Side Hustle
“Navigating taxes for a parent’s Fiverr side hustle can be tricky. This article breaks down the essentials: understanding self-employment tax…
What Is a Schedule C Form for Stay-at-Home Parents’ Gigs?
“Stay-at-home parents with side gigs must file a Schedule C form to report self-employment income and expenses. This IRS form…