Writing a will is stressful, but it's never a bad time to start estate planning. Whether motivated by age, circumstances, or sometimes guilt, estate planning is a necessary step...
Posted by Income Taxes and Bookkeeping LLC on 10/19/2021
The summer months are always busy as it is a time to unwind and enjoy a much-needed break. However, while on your vacation, you also want to keep a keen eye on your income taxes because...
Posted by James Financial Services Inc on 08/06/2021
Many people frown at the idea of sending their hard-earned dollars to Uncle Sam. So, to cushion the effect of taxes, Uncle Sam provided some relief in form of tax deductions and credit...
Posted by Rosovich & Associates, Inc. on 07/06/2021
A self-employed individual can generally deduct their necessary and ordinary business expenses incurred when traveling for business purposes from their income. However, it is important...
Posted by Tiffany Gaskin on 05/29/2021
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
When my friend doesn't pay me for a meal we promised to split the bill, it's called losing a friend's trust. When my employer does not reimburse a business expense that...
Posted by Abundant Wealth Planning LLC on 01/31/2021
All the cost you incur while on a business trip away from home qualifies you for an impressive business expense deduction. There are, however, a lot of rules you must follow, or you...
Posted by The TaxAdvocate Group, LLC on 11/24/2020
When it comes to filing income tax returns, getting the lowest tax liability is not just about skill, it's about what you know. Unfortunately, many taxpayers lose deductions and...
Posted by Flynn Financial Group Inc on 04/29/2021
The payment of income tax is a reality. And when Uncle Sam says income, he is talking about all the money you make, whether it's from your job or your investment. This includes...
Posted by Stevenson Tax and Accounting, Inc. on 03/09/2021
