Retirement programs for the self-employed range from good to crazy and can save you a lot more than you would with a traditional employer. A well-chosen pension plan can allow entrepreneurs...
Posted by Daniel P Vigilante CPA and Profit Consultants on 08/24/2021
Independent taxpayers, such as independent contractors and sole proprietors, receive compensation based on the fees they charge their clients. They also incur work-related expenses,...
Posted by Abundant Wealth Planning LLC on 07/06/2021
The EITC is an important tax credit directed at millions of families across the US. It is one of the most substantial tax credits, making it important for people to access the credit...
Posted by Pat Raskob on 06/18/2021
This historic pandemic triggered a 25% rise in the freelancing market last year in which many people turned to work from home to supplement their income. For long-time gig workers...
Posted by Income Taxes and Bookkeeping LLC on 05/19/2021
Becoming self-employed gives you the freedom to choose your path to work. But your aspirations can get out of hand if you don't keep your books in order. At tax time, missing receipts...
Posted by The TaxAdvocate Group, LLC on 05/06/2021
Paying taxes should be a priority for everyone, no matter the line of business. One of the areas where the government shows incredible seriousness and dexterity is collecting tax debts....
Posted by Karen Munoz, EA on 04/26/2021
Saving for retirement as an entrepreneur can be complicated and expensive, but it doesn't always have to be. If you are an entrepreneur, several retirement accounts can be easily...
Posted by Abundant Wealth Planning LLC on 04/21/2021
What is an IRS audit?The IRS may choose to examine the taxpayer's accounts and financial information to ensure that all tax laws are followed. Even though the IRS only verified...
Posted by James Financial Services Inc on 04/09/2021
Reconciliation is the method of verifying the accuracy and consistency of your financial statements.Reconciliation also helps identify and explain any discrepancies that may arise...
Posted by Elliot Kravitz, ATP on 04/06/2021
