Tips for Dealing with Expensive Healthcare Ever wonder why healthcare is so expensive? Why is it needed? How steep are penalties if we avoid getting coverage? What’s the real point of it? Is there a book labeled “Healthcare for dummies”? How often does a regular...
What is Behind the Trend in Trade Schools? The education curriculum of a trade school emphasizes on practical training and knowledge for a career than a general education like a traditional college. A couple of reasons why many people are becoming more interested in...
Tax Form Essentials: W2, 1099MISC, W9 Explained Filing Form W-2 The due date for filing 2018 Forms W-2 is January 31, 2019 whether you file electronically or using paper forms. You may request one 30-day extension to file Form W-2 by submitting a complete application...
Profit and Loss Statements: A Path to Financial Clarity A profit and loss statement (P&L or P/L) is a vital document for your business. It is simply a list of your total gross income and expenses. There is no true ‘format’ for a P&L, because each business is...
Setting Up Your Tax Payment Plan: A Complete Guide The IRS doesn’t care how they are paid. They will go through hoops to ‘help’ you pay them. You can take a personal loan, or even charge a credit card right on their website to pay in full. Sometimes paying in full is...
Trust, Verify, and Empower: A Modern Approach to Truth I’ve worked for Molen & Associates for more than 20 years. Over the course of my career I’ve learned that the greatest enemies to understanding the federal income tax are unverified sources such as family...
