For freelancers and self-employed professionals, managing taxes independently represents a significant shift from traditional employment. Without automatic withholding, tax obligations must be addressed proactively throughout the year. Estimated tax payments are designed to distribute tax liability…
Few things produce the kind of stomach-drop feeling that a letter from the IRS does. For most small business owners…
Understanding how money moves in and out of a business is easier when the accounting method matches the way the…
Your first year of freelancing probably felt liberating. No boss, no commute, just you and your laptop making things happen.…
Divorce changes almost every part of life—your routines, your relationships, your finances, and often, your sense of direction. Amid the…
Losing someone close to you is never easy. The grief comes in waves, often when you least expect it. And…
Few things create as much anxiety among taxpayers as the possibility of an IRS audit. However, the reality of audits…
Did you know it’s possible to make your vacation time tax deductible? But before you drag down the suitcases from…
Being married brings many advantages besides having someone to help fold the laundry or comfort you when you’re having a…
Failing to file your taxes for several years can feel overwhelming. Whether you missed deadlines due to life circumstances, a…
Renting out a vacation home can be a lucrative venture, but it comes with a complex set of tax rules…
More people are engaging in remote contract work than ever before. Remote contract work offers almost as many advantages to…
Caring for a loved one with dementia is a profound emotional experience. The gradual loss of memory, personality changes, and…
More than ever, taxpayers are engaging in hobbies that bring in extra income to the household. There’s no limit to…
Owning your own business has significant tax advantages. Ask anyone who has gone from being an employee to being their…
If you've been busy rolling the dice at a crap table in Vegas, playing the lottery now and then, or…
You may have noticed a lot of talk lately about something called, “universal basic income.” The increase in online chatter…
As you know, most income you earn or receive over the course of a year is subject to being taxed.…
While most people are accustomed to being in debt for homes, cars, and other things, being in debt to the…
Whether you are a business owner or an individual, meeting with your CPA is of course important when it comes…
If there is one thing you as a taxpayer want to avoid, it is being audited by the IRS. While…
When the time comes and you decide to hire someone to work for you as a housekeeper, nanny, caregiver, or…
With the recent coronavirus outbreak, discussions of paid leave, and states of emergency, more attention has been paid to sick…
Getting a divorce can be one of the most stressful times in your life. In addition to the emotional toll,…
Does it sometimes feel like your accountant is speaking an alien language? You hired a CPA in the first place…