Financial Fridays: Tax Edition

Which Tax Filing Status would best suit your financial, business and tax needs? How should you go about determining what is best for you? In this video, we are talking about EVERYTHING You MUST Know about Determining your Tax Filing Status, what you should keep in mind about each of these statuses and everything in between! Thank you to GigTax for Verifying this information and making this video possible! GigTax: Hi 👋🏻 GigTax is powered by Truthful Taxes. Head on over to: www.Truthfultaxes.com Click “file my taxes now” Create an account and complete the registration, uploading all docs. Select ‘Joseph Mayo’ as tax preparer” Make sure you use code WYLD to Maximize your savings and get 77% off your Tax Preparation Services! The above link is temporary and the official website will be live soon! Joseph Mayo, Founder of GigTax: Email: jmayo@truthfultaxes.com IG: https://www.instagram.com/gig.tax/ TikTok: https://www.tiktok.com/@gig.tax Financial Fridays: Tax Edition Podcast/Playlist https://www.youtube.com/playlist?list=PLvLyKg0-pIevuNDc-6gR48_vAj-C_aRoN Follow Me On: Instagram: https://www.instagram.com/drivenwyld/ Rumble: https://rumble.com/c/c-5762201 Twitter: https://twitter.com/DrivenWyld TikTok: https://www.tiktok.com/@drivenwyld YouTube: https://www.youtube.com/c/DrivenWyld Looking to be part of a Community? Check out the Behind the Wheel Discord Server: https://discord.gg/SEbttQ4F Have a story you want to share? An Article you would like me to go over? Or something else entirely? Email me: drivenwyld@gmail.com Tips Appreciated 😜: Paypal: https://bit.ly/DWPayPal My P.O. Box: P.O. Box 10093 Pompano Beach FL 33061 Disclaimer: The content of this video does not contain and is never intended to be legal, business, financial, tax, or health advice of any kind, This video is for entertainment purposes only. It is advised that you conduct your own research and consult with qualified professionals before applying anything you find online. The goal of Driven Wyld is to Provide value and allow people to learn about platforms such as: -Doordash -Uber / UberEats -Grubhub -Instacart -Veho -#NoTipNoTrip -As well as many others To understand the gig economy on a much deeper level and to help people make the most amount of money in the least amount of time!

How do you deal with mistakes on your 1099 income and forms? What are some common mistakes and solutions that can come up for gig workers on their forms and income? In this video, we are talking about EVERYTHING You MUST Know about Dealing with Mistakes on your 1099 income and forms, how to fix them and everything in between! Thank You GigTax for Verifying this Information and Making this Video Possible! GigTax: Hi 👋🏻 GigTax is powered by Truthful Taxes. Head on over to: www.Truthfultaxes.com Click “file my taxes now” Create an account and complete the registration, uploading all docs. Select ‘Joseph Mayo’ as tax preparer” Make sure you use code WYLD to Maximize your savings and get 77% off your Tax Preparation Services! The above link is temporary and the official website will be live soon! Joseph Mayo, Founder of GigTax: Email: jmayo@truthfultaxes.com IG: https://www.instagram.com/gig.tax/ TikTok: https://www.tiktok.com/@gig.tax Source: https://www.irs.gov/newsroom/what-to-do-when-a-w-2-or-form-1099-is-missing-or-incorrect Follow Me On: Instagram: https://www.instagram.com/drivenwyld/ Rumble: https://rumble.com/c/c-5762201 Twitter: https://twitter.com/DrivenWyld TikTok: https://www.tiktok.com/@drivenwyld YouTube: https://www.youtube.com/c/DrivenWyld Have a story you want to share? An Article you would like me to go over? Or something else entirely? Email me: drivenwyld@gmail.com Tips Appreciated 😜: Paypal: https://bit.ly/DWPayPal My P.O. Box: P.O. Box 10093 Pompano Beach FL 33061 Disclaimer: The content of this video does not contain and is never intended to be legal, business, financial, tax, or health advice of any kind, This video is for entertainment purposes only. It is advised that you conduct your own research and consult with qualified professionals before applying anything you find online. The goal of Driven Wyld is to Provide value and allow people to learn about platforms such as: -Doordash -Uber / UberEats -Grubhub -Instacart -Veho -#NoTipNoTrip -As well as many others To understand the gig economy on a much deeper level and to help people make the most amount of money in the least amount of time!

How much do you know about Writing off your Home Office as a Gig Worker? How does it ACTUALLY work and is it even possible to do that? In this video, we are talking about EVERYTHING You MUST Know about Writing off Your Home Office as a Gig Worker, How it works and doesn’t work and everything in between! Thank You GigTax for Verifying this Information and Making this Video Possible! GigTax: Hi 👋🏻 GigTax is powered by Truthful Taxes. Head on over to: www.Truthfultaxes.com Click “file my taxes now” Create an account and complete the registration, uploading all docs. Select ‘Joseph Mayo’ as tax preparer” Make sure you use code WYLD to Maximize your savings and get 60% off your Tax Preparation Services! The above link is temporary and the official website will be live soon! Joseph Mayo, Founder of GigTax: Email: jmayo@truthfultaxes.com IG: https://www.instagram.com/gig.tax/ TikTok: https://www.tiktok.com/@gig.tax Sources: https://www.irs.gov/newsroom/how-small-business-owners-can-deduct-their-home-office-from-their-taxes Follow Me On: Instagram: https://www.instagram.com/drivenwyld/ Rumble: https://rumble.com/c/c-5762201 Twitter: https://twitter.com/DrivenWyld TikTok: https://www.tiktok.com/@drivenwyld YouTube: https://www.youtube.com/c/DrivenWyld Have a story you want to share? An Article you would like me to go over? Or something else entirely? Email me: drivenwyld@gmail.com Tips Appreciated 😜: Paypal: https://bit.ly/DWPayPal My P.O. Box: P.O. Box 10093 Pompano Beach FL 33061 Disclaimer: The content of this video does not contain and is never intended to be legal, business, financial, tax, or health advice of any kind, This video is for entertainment purposes only. It is advised that you conduct your own research and consult with qualified professionals before applying anything you find online. The goal of Driven Wyld is to Provide value and allow people to learn about platforms such as: -Doordash -Uber / UberEats -Grubhub -Instacart -Veho -#NoTipNoTrip -As well as many others To understand the gig economy on a much deeper level and to help people make the most amount of money in the least amount of time!

How much do you know about the Self Employed Tax Credit? What have people been saying about it and how does it ACTUALLY work? In this video, we are talking about EVERYTHING You MUST Know about the Self Employed Tax Credit, what is being said about it vs how it ACTUALLY is and everything in between! Thank You GigTax for Verifying this Information and Making this Video Possible! GigTax: Hi 👋🏻 GigTax is powered by Truthful Taxes. Head on over to: www.Truthfultaxes.com Click “file my taxes now” Create an account and complete the registration, uploading all docs. Select ‘Joseph Mayo’ as tax preparer” Make sure you use code WYLD to Maximize your savings and get 60% off your Tax Preparation Services! The above link is temporary and the official website will be live soon! Joseph Mayo, Founder of GigTax: Email: jmayo@truthfultaxes.com IG: https://www.instagram.com/gig.tax/ TikTok: https://www.tiktok.com/@gig.tax Source: https://federaltaxcredits.org/setc-tax-credit/ https://blog.turbotax.intuit.com/self-employed/new-tax-credit-estimator-educates-self-employed-individuals-on-how-to-calculate-credits-related-to-covid-19-47254/?_gl=1*1kr8cre*_ga*MTkzMDc4MDIyMC4xNzA0Nzc1MzU3*_ga_J7JHVCT5CT*MTcxMDI2MTgzOC4xNy4xLjE3MTAyNjIwMjUuMTUuMC4w Follow Me On: Instagram: https://www.instagram.com/drivenwyld/ Rumble: https://rumble.com/c/c-5762201 Twitter: https://twitter.com/DrivenWyld TikTok: https://www.tiktok.com/@drivenwyld YouTube: https://www.youtube.com/c/DrivenWyld Have a story you want to share? An Article you would like me to go over? Or something else entirely? Email me: drivenwyld@gmail.com Tips Appreciated 😜: Paypal: https://bit.ly/DWPayPal My P.O. Box: P.O. Box 10093 Pompano Beach FL 33061 Disclaimer: The content of this video does not contain and is never intended to be legal, business, financial, tax, or health advice of any kind, This video is for entertainment purposes only. It is advised that you conduct your own research and consult with qualified professionals before applying anything you find online. The goal of Driven Wyld is to Provide value and allow people to learn about platforms such as: -Doordash -Uber / UberEats -Grubhub -Instacart -Veho -#NoTipNoTrip -As well as many others To understand the gig economy on a much deeper level and to help people make the most amount of money in the least amount of time!

How much do you know about writing off your meals as business expenses? How much can you realistically write off as a Gig Worker? In this video, we are talking about EVERYTHING You MUST Know about writing off your meals as expenses, what you can and CANNOT do and everything in between! Thank You GigTax for Verifying this Information and Making this Video Possible! GigTax: Head on over to: www.Truthfultaxes.com Click “file my taxes now” Create an account and complete the registration, uploading all docs. Select ‘Joseph Mayo’ as tax preparer” Make sure you use code WYLD to Maximize your savings and get 60% off your Tax Preparation Services! The above link is temporary and the official website will be live soon! Joseph Mayo, Founder of GigTax: Email: jmayo@truthfultaxes.com IG: https://www.instagram.com/gig.tax/ TikTok: https://www.tiktok.com/@gig.tax GSA.gov Per Diem Rates: https://www.gsa.gov/travel/plan-book/per-diem-rates Source: https://www.irs.gov/pub/irs-prior/p463--2022.pdf (chapter 1-2) https://www.keepertax.com/posts/freelancers-guide-to-the-business-meal-deduction Follow Me On: Instagram: https://www.instagram.com/drivenwyld/ Rumble: https://rumble.com/c/c-5762201 Twitter: https://twitter.com/DrivenWyld TikTok: https://www.tiktok.com/@drivenwyld YouTube: https://www.youtube.com/c/DrivenWyld Have a story you want to share? An Article you would like me to go over? Or something else entirely? Email me: drivenwyld@gmail.com Tips Appreciated 😜: Paypal: https://bit.ly/DWPayPal My P.O. Box: P.O. Box 10093 Pompano Beach FL 33061 Disclaimer: The content of this video does not contain and is never intended to be legal, business, financial, tax, or health advice of any kind, This video is for entertainment purposes only. It is advised that you conduct your own research and consult with qualified professionals before applying anything you find online. The goal of Driven Wyld is to Provide value and allow people to learn about platforms such as: -Doordash -Uber / UberEats -Grubhub -Instacart -Veho -#NoTipNoTrip -As well as many others To understand the gig economy on a much deeper level and to help people make the most amount of money in the least amount of time!

Are you guilty of One of the 5 Most Common Mistakes Gig workers make during Tax Season? What can you do to prevent making some of these mistakes as a Gig Worker on Doordash UberEats Grubhub or ANY gig app really? In this video, we are talking about the 5 Most Common Mistakes Gig Workers Make During Tax Season, how you can avoid them yourself, and everything in between! Thank You to GigTax for Verifying this information and making this video possible! GigTax: Hi 👋🏻 GigTax is powered by Truthful Taxes. Head on over to: www.Truthfultaxes.com Click “file my taxes now” Create an account and complete the registration, uploading all docs. Select ‘Joseph Mayo’ as tax preparer” Make sure you use code WYLD to Maximize your savings and get 60% off your Tax Preparation Services! The above link is temporary and the official website will be live soon! Joseph Mayo, Founder of GigTax: Email: jmayo@truthfultaxes.com IG: https://www.instagram.com/gig.tax/ TikTok: https://www.tiktok.com/@gig.tax Source: https://www.irs.gov/newsroom/info-to-help-gig-economy-workers-stay-on-top-of-their-tax-responsibilities https://www.hrblock.com/tax-center/irs/audits-and-tax-notices/tax-problems-for-gig-economy-workers/ https://www.taxprofessionals.com/articles/5-common-tax-problems-that-gig-economy-workers-face-today-3964 https://optimataxrelief.com/5-tax-issues-gig-workers-run-into-how-to-avoid-them/ Follow Me On: Instagram: https://www.instagram.com/drivenwyld/ Rumble: https://rumble.com/c/c-5762201 Twitter: https://twitter.com/DrivenWyld TikTok: https://www.tiktok.com/@drivenwyld YouTube: https://www.youtube.com/c/DrivenWyld Have a story you want to share? An Article you would like me to go over? Or something else entirely? Email me: drivenwyld@gmail.com Tips Appreciated 😜: Paypal: https://bit.ly/DWPayPal My P.O. Box: P.O. Box 10093 Pompano Beach FL 33061 Disclaimer: The content of this video does not contain and is never intended to be legal, business, financial, tax, or health advice of any kind, This video is for entertainment purposes only. It is advised that you conduct your own research and consult with qualified professionals before applying anything you find online. The goal of Driven Wyld is to Provide value and allow people to learn about platforms such as: -Doordash -Uber / UberEats -Grubhub -Instacart -Veho -#NoTipNoTrip -As well as many others To understand the gig economy on a much deeper level and to help people make the most amount of money in the least amount of time!

How much do you know about W-2 Income and 1099 Income? What are the major differences you MUST Know about during Tax Season as a Doordash UberEats Grubhub or ANY kind of Gig Worker? In this video, we are talking about EVERYTHING You MUST Know about W-2 and 1099 income, the Major Differences between the two income types and everything in between! Thank You GigTax for Verifying this information and making this video possible! GigTax: Hi 👋🏻 GigTax is powered by Truthful Taxes. Head on over to: www.Truthfultaxes.com Click “file my taxes now” Create an account and complete the registration, uploading all docs. Select ‘Joseph Mayo’ as tax preparer” Make sure you use code WYLD to Maximize your savings and get 60% off your Tax Preparation Services! The above link is temporary and the official website will be live soon! Joseph Mayo, Founder of GigTax: Email: jmayo@truthfultaxes.com IG: https://www.instagram.com/gig.tax/ TikTok: https://www.tiktok.com/@gig.tax Sources: https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-a-w-2-form/L6VJbqWl5 https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-an-irs-1099-form/L3NxSPMUe https://turbotax.intuit.com/tax-tips/irs-tax-forms/the-difference-between-a-1099-and-a-w-2-tax-form/L8drkTeTQ Follow Me On: Instagram: https://www.instagram.com/drivenwyld/ Twitter: https://twitter.com/DrivenWyld TikTok: https://www.tiktok.com/@drivenwyld Have a story you want to share? An Article you would like me to go over? Or something else entirely? Email me: drivenwyld@gmail.com Tips Appreciated 😜: Paypal: https://bit.ly/DWPayPal My P.O. Box: P.O. Box 10093 Pompano Beach FL 33061 Disclaimer: The content of this video does not contain and is never intended to be legal, business, financial, tax, or health advice of any kind, This video is for entertainment purposes only. It is advised that you conduct your own research and consult with qualified professionals before applying anything you find online. *Disclaimer: Links in the description may generate a small commission for referring traffic to the appropriate corresponding companies. The goal of Driven Wyld is to Provide value and allow people to learn about platforms such as: -Doordash -Uber / UberEats -Grubhub -Instacart -Veho -#NoTipNoTrip -As well as many others To understand the gig economy on a much deeper level and to help people make the most amount of money in the least amount of time!

Do you drive a lot for business purposes as a gig worker or otherwise? If that is the case how much of your vehicle can you ACTUALLY write off? In this video, we are talking about How much of your car you can actually write off, some examples as a gig worker or just in business for yourself and everything in between! GigTax: Hi 👋🏻 GigTax is powered by Truthful Taxes. Head on over to: www.Truthfultaxes.com Click “file my taxes now” Create an account and complete the registration, uploading all docs. Select ‘Joseph Mayo’ as tax preparer” Joseph Mayo, Founder of GigTax: Email: jmayo@truthfultaxes.com IG: https://www.instagram.com/gig.tax/ TikTok: https://www.tiktok.com/@gig.tax IRS Standard Mileage Rates: https://www.irs.gov/tax-professionals... Source: https://www.keepertax.com/posts/freelancers-guide-to-writing-off-car-expenses https://www.irs.gov/pub/irs-prior/p463--2022.pdf (chapter 4-5) https://turbotax.intuit.com/tax-tips/self-employment-taxes/standard-mileage-vs-actual-expenses-getting-the-biggest-tax-deduction/L0wIEUYhh Adding this here because I like the pros and cons section of each method. -Joseph Mayo, Founder of GigTax Mentioned Video: Standard Mileage Method vs Actual Expense Method - EVERYTHING You MUST Know!! Which is Better? https://www.youtube.com/watch?v=IWBzQpYyfS8&list=PLvLyKg0-pIevuNDc-6gR48_vAj-C_aRoN&index=2 Follow Me On: Instagram: https://www.instagram.com/drivenwyld/ Rumble: https://rumble.com/c/c-5762201 Twitter: https://twitter.com/DrivenWyld TikTok: https://www.tiktok.com/@drivenwyld YouTube: https://www.youtube.com/c/DrivenWyld Have a story you want to share? An Article you would like me to go over? Or something else entirely? Email me: drivenwyld@gmail.com Tips Appreciated 😜: Paypal: https://bit.ly/DWPayPal My P.O. Box: P.O. Box 10093 Pompano Beach FL 33061 Disclaimer: The content of this video does not contain and is never intended to be legal, business, financial, tax, or health advice of any kind, This video is for entertainment purposes only. It is advised that you conduct your own research and consult with qualified professionals before applying anything you find online. The goal of Driven Wyld is to Provide value and allow people to learn about platforms such as: -Doordash -Uber / UberEats -Grubhub -Instacart -Veho -#NoTipNoTrip -As well as many others To understand the gig economy on a much deeper level and to help people make the most amount of money in the least amount of time!

How much do you know about the Tax forms from the gig companies you work with? What are they and What are the differences between them? In this video, we are talking about EVERYTHING You MUST Know about Forms 1099-K, 1099-NEC and 1099-MISC, and everything in between! Thank you to GigTax for Verifying this information and making this video possible! GigTax: Hi 👋🏻 GigTax is powered by Truthful Taxes. Head on over to: www.Truthfultaxes.com Click “file my taxes now” Create an account and complete the registration, uploading all docs. Select ‘Joseph Mayo’ as tax preparer” Make sure you use code WYLD to Maximize your savings and get 60% off your Tax Preparation Services! The above link is temporary and the official website will be live soon! Joseph Mayo, Founder of GigTax: Email: jmayo@truthfultaxes.com IG: https://www.instagram.com/gig.tax/ TikTok: https://www.tiktok.com/@gig.tax Source: https://www.irs.gov/businesses/understanding-your-form-1099-k https://www.irs.gov/forms-pubs/about-form-1099-nec https://blog.turbotax.intuit.com/self-employed/1099-misc-or-1099-k-whats-the-difference-29903/ Follow Me On: Instagram: https://www.instagram.com/drivenwyld/ Twitter: https://twitter.com/DrivenWyld TikTok: https://www.tiktok.com/@drivenwyld Have a story you want to share? An Article you would like me to go over? Or something else entirely? Email me: drivenwyld@gmail.com Tips Appreciated 😜: Paypal: https://bit.ly/DWPayPal My P.O. Box: P.O. Box 10093 Pompano Beach FL 33061 Disclaimer: The content of this video does not contain and is never intended to be legal, business, financial, tax, or health advice of any kind, This video is for entertainment purposes only. It is advised that you conduct your own research and consult with qualified professionals before applying anything you find online. The goal of Driven Wyld is to Provide value and allow people to learn about platforms such as: -Doordash -Uber / UberEats -Grubhub -Instacart -Veho -#NoTipNoTrip -As well as many others To understand the gig economy on a much deeper level and to help people make the most amount of money in the least amount of time!

What kind of business entity are you set up as, for your business and gig work? Do you know the Differences between a Sole-Proprietorship, LLC, and S-Corp? In this video, we are talking about EVERYTHING You MUST Know about Sole-Proprietorship’s, LLC’s and S-Corps, the differences between each of them, and everything in between! Thank You GigTax for Verifying this Information and Making this Video Possible! GigTax: Hi 👋🏻 GigTax is powered by Truthful Taxes. Head on over to: www.Truthfultaxes.com Click “file my taxes now” Create an account and complete the registration, uploading all docs. Select ‘Joseph Mayo’ as tax preparer” Make sure you use code WYLD to Maximize your savings and get 60% off your Tax Preparation Services! The above link is temporary and the official website will be live soon! Joseph Mayo, Founder of GigTax: Email: jmayo@truthfultaxes.com IG: https://www.instagram.com/gig.tax/ TikTok: https://www.tiktok.com/@gig.tax Follow Me On: Instagram: https://www.instagram.com/drivenwyld/ Rumble: https://rumble.com/c/c-5762201 Twitter: https://twitter.com/DrivenWyld TikTok: https://www.tiktok.com/@drivenwyld YouTube: https://www.youtube.com/c/DrivenWyld Have a story you want to share? An Article you would like me to go over? Or something else entirely? Email me: drivenwyld@gmail.com Tips Appreciated 😜: Paypal: https://bit.ly/DWPayPal My P.O. Box: P.O. Box 10093 Pompano Beach FL 33061 Disclaimer: The content of this video does not contain and is never intended to be legal, business, financial, tax, or health advice of any kind, This video is for entertainment purposes only. It is advised that you conduct your own research and consult with qualified professionals before applying anything you find online. The goal of Driven Wyld is to Provide value and allow people to learn about platforms such as: -Doordash -Uber / UberEats -Grubhub -Instacart -Veho -#NoTipNoTrip -As well as many others To understand the gig economy on a much deeper level and to help people make the most amount of money in the least amount of time!