As a freelancer or self-employed individual, taking advantage of every tax deduction available to you is important. Deductions help lower your taxable income and save you money on...
Posted by Taxes Made EZ Inc on 03/14/2023
While tax season 2022 might be a few months away, the new year will be here before you know it. The fourth quarter is the time to do proactive tax planning to lower the 2021 tax bill....
A 401(k) plan can be an attractive way to invest because it gives employees the ability to increase their contributions before tax and tax-deferred income until retirement. According...
Freelancers often have much more freedom than their traditionally hired colleagues, but they also face unique challenges. One of the most important is the lack of an employer-sponsored...
The grantor, which can also be called the creator, settlor, trust maker, or trustor, is the party who forms the trust. For married couples, if the trust was established jointly, they...
The only things certain in life are death and taxes. While taxes are certain in life, many investors do not consider them when making their retirement portfolios plan. If you do not...
Being a self-employed, independent contractor, or working for a small business can seem like a dream. However, one downside is that you are unlikely to have access to a workplace pension...
Due to the 2015-32 revenue procedure, only 401K late applicants via Form 5500-EZ received automatic exemption from IRS registration fees under 6652 (e) and 6692 of the Internal Revenue...
I remember it was the last semester of college and had a full blown case of senioritis. I was working on my final project for my capstone business course regretting that I had waited...
Posted by Terrance Hutchins, CLU, CFP, RICP, EA on 01/21/2020