Can your home office expenses be deducted? Working from home has its perks. It cuts down on nasty commute times, allows people to spend more time with family and less time in traffic, saves money on gas and even helps people concentrate better at their jobs. If you work from home you’re probably already aware [...]
Medical bills can be overwhelming It’s predicted that Americans collectively owe $140 billion in outstanding medical payments. With all this debt it’s no surprise that many struggle to manage bills and become overwhelmed with high payments. But, if you have medical debt, know you’re not alone. Not only are many others in the same situation [...]
How will you pay for your child’s education? With all the chaos that comes from raising children, financial planning can be the last thing on a parent’s mind. After all, thinking of how to pay for school can be incredibly stressful, time-consuming, and anxiety-ridden. But, it doesn’t have to be. We believe that every parent [...]
We agree that taxes might not be the best topic to talk about. After all, taxes can be stressful; paperwork, deadlines, deductions, credits, and more can make filing unbearable. But, it does not have to be that way. With the right preparation, taxes can actually be quick and painless. Given our expertise, we’ve decided to [...]
The past few years have been financially exhausting for many. Things like layoffs, foreclosures, and bankruptcy have become common. But, as things slowly return to normal, what about finances? Market trends are improving, but continually changing; shedding light on areas to pay attention to. These fluxes matter because they could impact you. For example, influencing [...]
Days shouldn’t be spent on financial administration. If you’re a small business owner that thinks you can save money by handling finances yourself, think again. That’s because bookkeeping and accounting are no easy feat. Everything from monitoring revenue to tracking expenses, and filing taxes is tedious and difficult work. When not done properly, it can [...]
First-time owners often mismanage money. Entrepreneurs have a lot on their plates. They have to navigate ever-changing markets, product launches, inventory, staff, and so much more. But, managing all of these things is no easy feat. This juggling act is often the reason why so many first-time owners fail. In fact, according to the SBA [...]
If you’re self-employed, don’t forget to grab a copy of your receipt. If you’re self-employed, taxes are likely not the first thing on your mind each day. But, ignoring your tax situation could be costing you. That’s because the purchases you make could be eligible for a tax deduction. Things like company meals, home office [...]
Filing your taxes shouldn’t cause a headache. The last thing you want to feel is stress when tax time rolls around. That’s why, given all the paperwork, documents, and information that needs to be gathered, the preparation should begin far in advance. If you haven’t begun this year’s prep, don’t stress - that’s why we’re [...]
Are your 1099 Forms prepared for the year? Also referred to as “information returns”, the 1099 form is a series of documents issued by the IRS. But what are they used for? And who needs to file? If you don’t know these answers, we got you covered. Continue reading below for a helpful guide on [...]
