Profit Wise Blog

Profit Wise Blog

Our blog covers the latest insights in tax preparation and growing your tax business. Stay current with important industry changes and new laws.

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Latest Article & Blog

Get tax tips and strategies to help you make better decisions with filing your taxes and your personal finances. Check out our blog below and read how to keep more money in your pocket.

  • I am Self-Employed, do I have to pay taxes?

    I am Self-Employed, do I have to pay taxes?

    Self-employment tax refers to the taxes that are remitted by individuals who work as freelancers or independent contractors. This tax amount encompasses the Social Security and Medicare taxes. For the tax year 2023, the self-employment tax rate stands at 15.3%.  Being a freelancer or independent contractor offers numerous advantages, such as the ability to oversee…

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  • How to Find the Best Tax Preparer Near You

    How to Find the Best Tax Preparer Near You

    Locate the finest tax preparer near you to simplify your tax preparation process.

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  • Make Medical Expenses Tax-Free Earnings

    Make Medical Expenses Tax-Free Earnings

    Learn the strategies to turn your medical expenses into tax-free earnings and save more on your taxes with our informative website.

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Sharon@ProfitWiseAccounting.Biz