Money Management, Small Business, Career
Do you owe estimated taxes? The US tax system is a pay as you go system, which means you are supposed to pay taxes as you earn income. This isn't a problem for many people because their employers ... Read More about Estimated Taxes – Quarterly Estimated Tax Guide, Deadlines, Who Pays, and How Much
In America, we love our tax deductions. We may despise the tax code, and find it anything but user-friendly – but don’t touch our cherished deductions. Much of that is born out of the history of the ... Read More about Income Tax Deductions Ain’t What they Used to Be
Identity theft is a big enough disaster all by itself, but when it brings us into closer contact with the Internal Revenue Service, that adds a whole other dimension to the picture. Yet if you are a ... Read More about Tax Fraud – Signs You May be a Victim of a Fradulent Tax Return
Once again, we're in the midst of tax season. For many filers, there are expected delays, since the IRS isn't ready to process some of the forms. But as the debate continues to rage on between ... Read More about Do You Have a Tax Refund Coming? What Will You Do With It?
Being your own boss through freelance work is a great challenge and great experience. You set your own hours, you pick the clients, and the buck stops with you. There is no system for you to follow, ... Read More about Tax Considerations for Freelance Workers
One of the goals that many business owners have is to slowly disengage themselves from the day to day running of the business and eventually just enjoy the income from the business without needing to ... Read More about Material Participation Test: Are You Involved in Your Business?
The United States Federal Government National Debt sits just over $16 trillion. That's $16,000,000,000,000. At current rates and assuming no changes, the debt will grow to $22.5 trillion by ... Read More about Fun and Terrifying Facts About the National Debt
One of the most confusing things about our tax code is the Alternative Minimum Tax (AMT). As the name suggests, the AMT is alternative method of figuring your tax. In order to determine whether ... Read More about What is the Alternative Minimum Tax (AMT) and How Does It Work?
The tax code is one of those things that never seems completely clear. You may know that there are different tax brackets, but you’re not sure how that affects what you pay each April. Add in the ... Read More about What Is Your Effective Tax Rate?
When you sell an investment for more than you bought it for, the government wants a cut of the gains. You are required to pay taxes on your gains when you realize them, understanding that there are ... Read More about How Do Capital Gains Taxes Work, Exactly?
