If you are working as a freelancer or gig worker, you are certainly not alone. Millions of men and women are earning extra income driving for ride sharing services, designing websites for online entrepreneurs and writing for local businesses. Some freelancers and gig workers have even said goodbye to their traditional careers, trading the security… Read More
Whether you gamble all the time or only once in a blue moon, you are filled with hope and excitement every time you walk through those casino doors. If you have been gambling for even a little while, you already know that Lady Luck can be a fickle partner. Sometimes the gods of the casino… Read More
Tax returns can be complicated and tricky to understand. Even for a professional, it can be surprisingly difficult to get every number and detail right. Often, you only notice the mistakes when you take a casual look at your return days after you submit it online or drop it in the mailbox. Or worse, the… Read More
Being self-employed offers many advantages, including the freedom to work from where you want, when you want, and the ability to build your own client list and keep all the profits from your hard work. However, there is a significant downside: managing and minimizing your taxable income. Here are four powerful strategies to reduce your… Read More
Being a freelancer offers many benefits, from setting your own hours to the freedom to work from virtually anywhere. However, it also comes with challenges, such as proving your income to a skeptical mortgage lender or accurately reporting it when filing your taxes. The Importance of Accurate Income Reporting Failing to report your income accurately… Read More
The rise of freelancing, self-employed and gig work is one of the biggest labor stories of the last 20 years. More and more workers have been looking beyond the normal nine to five and making their own way in the world, creating an income they can rely on, one that is directly tied to their… Read More
Freedom and Flexibility, But Taxes Too! The dream of being your own boss is a powerful motivator for many. However, the realities of self-employment extend beyond pursuing your passion. Understanding self-employment taxes is crucial to avoid financial headaches down the road. This guide equips you with the knowledge to navigate tax season with confidence, even… Read More
Don’t Let Taxes Get You Down: A Guide for Procrastinators If you are a procrastinator, tax filing season is probably the worst time of year. With deadlines looming, filling out complicated forms and understanding an increasingly complex tax code can seem overwhelming. But no matter how long you put it off, the tax filing deadline… Read More
Tax returns can often be filed with incomplete or incorrect information, leading you to more tax trouble than you bargained for. If you filed early, you might have overlooked income from a temporary job or a side gig, only to get a 1099 or late W2 for the income earned. Other filers may eventually realize… Read More
Taxes are one of those topics people hate to talk about or even think about, especially if they end up owing money in back taxes every year. That’s why many taxpayers wait until the very last moment to prepare for tax season. It’s also why nearly 14 million Americans find themselves receiving threatening letters from… Read More