Should I Pay My Child With A W-2 or 1099?

Should I Pay My Child With A W-2 or 1099?

It’s a great strategy to hire your children as legitimate employees in your business. In fact, the higher the taxes you have to pay, the more you can save when you hire your children. When your children work for you in your business, you can deduct their...
How to Save on Taxes

How to Save on Taxes

Tax law is constantly changing, and it is almost impossible to keep up with all of it, but thankfully, here at Molen & Associates, we are dedicated to help our clients save on taxes.  With each new president or change in congress members they make promises that...
Do I Need A Budget?

Do I Need A Budget?

The word “Budget” used to leave a sour taste in my mouth. At first, I thought of how fabulous it would be to form a habit to budget. I even took a class at college to motivate and teach me great budgeting tools. It was the most boring class and I struggled to keep my...

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