As a small business owner with a growing income, you can take advantage of one of the greatest parts of being an American – writing off expenses to lower your tax bill! I save thousands of dollars each year by knowing the rules of what I can write off, and if you are missing out, […]
I hope everyone had a great Thanksgiving. I spent the first half of the week in sunny Santa Barbara, California and the second half of the week in Palm Desert. I had a great time with my California in-laws and I’m excited for two trips this month, to visit my Grandma in Kansas City and […]
So for those of you who missed the memo, I’m married now. While I can hear the hearts of single women around the world breaking as these words are read, I have something else churning in my mind. I have to change how I file my taxes. This whole married money thing has been going […]
I remember every first day of work I’ve ever had. That feeling of nervousness and excitement. Knowing that I have a great opportunity in front of me and an opportunity to prove myself for future promotions and career growth. New passwords and logins. Meeting new people. And, oh yeah, paperwork.
I used to enjoy doing our taxes. I know, I’m a dork, but I genuinely liked sitting down at the end of the year to see how everything shook out for the previous 12 months. We didn’t have anything too extravagant going on so it was fairly straightforward. That all changed once my wife and […]
This year, I received lots of forms for my tax filing. While most of us receive a W-2 from our main employer, any other income is usually reported with a variation of form 1099. Just like the W-2, a 1099 form is an integral part of your tax filing and ignoring them can lead to […]
Like it or not, tax time is upon us as taxes are due a little more than a month from now. Many dream of getting that large income tax refund and going out to blow it on something nice they’d not normally be able to afford, but there generally isn’t much wisdom behind that. I’m assuming that […]
April is the month when all procrastinators curse the heavens. Yep. It’s tax season. And I don’t know of a single person who likes to do taxes.
The year is almost over, and you know what that means… tax time is coming. People can start filing their 2013 income taxes on January 31st, so it is time to get your tax forms in order and decide how you will file in 2014.
I have a file cabinet at home with bank statements dating back to when I opened my first checking account when I was sixteen years old. Nine years later, I wondered if I still need those bank statements.
Each time you start a new job, you are required to submit a W-4 and I-9 form. Those forms tell your employer how much tax to deduct from each paycheck and verify that you are a legal US resident who can take a job. Most of us only spend a few minutes on those forms but don’t understand the long term ramifications.
It’s that dreaded time of the year, tax time. Only a select few individuals actually like doing their taxes because of the potential headache it can be. The tax code is thousands of pages long, so how can it be easy to fully understand what to do? Thankfully, there are a options that make it less of a nightmare for most of us to file our taxes.