ARBSTAX INSIGHTS
Clear guidance for taxes, business and IRS matters.
Practical articles from ARBSTAX to help individuals and business owners understand important tax and accounting topics.
- OnlyFans Taxes 2026: Tax Deductions, 1099s & Filing GuideAs a content creator on platforms like OnlyFans, it’s important to recognize that your earnings are considered self-employment income, which means you’re responsible for paying taxes on what you earn. Managing your tax obligations efficiently, taking advantage of deductions, and understanding the benefits of different business structures—such as an LLC or Corporation—can help you save money and stay compliant with tax regulations.
- Completing a Successful Tax Return Filing for a Deceased Parent: A Step-by-Step GuideDealing with the loss of a parent is never easy, and the responsibility of handling their financial matters, including filing their final tax return, can be overwhelming. However, understanding the process and …
- Understanding the NYC RPIE Statement: What Property Owners Need to KnowIf you own certain types of income-producing properties in New York City, you’re likely required to file a Real Property Income and Expense (RPIE) statement each year. This filing is crucial for ensuring your property is assessed accurately and that you’re paying the correct amount in property taxes. Here’s a simple breakdown to help you understand what the RPIE statement is, why it matters, and what you need to do.
- Filing Taxes as a U.S. Citizen or Green Card Holder Living AbroadAs a U.S. citizen or green card holder living abroad, you might be wondering what your tax obligations are, especially when you earn income in a foreign country. The U.S. has one of the few tax systems that req…
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