While there are many perks to being your own boss, being self-employed creates additional responsibility. Most people who are employed can simply plan to make sure they have enough income tax withholding from their paychecks throughout the year. On the other hand, for...
With a new year brings new tax questions. Let’s dive into the most common tax questions I’ve heard in the month of January. Is my stimulus payment taxable? No, absolutely and unequivocally no. The stimulus money isn’t included in your taxable income and won’t count...
With the electronic filing opening being pushed to February 12th (usually mid-late January) this year, let’s look at some last-minute tax saving strategies before you file. Keep in mind that tax avoidance is about legitimate moves based on your individual facts and...
Welcome to Questioning Your Cents where you can get your real-world, pragmatic tax & financial advice for business owners, entrepreneurs and independent contractors. We are your host Kevin Molen and Charles Steinmetz. Our job is to help people education on...
It is that time of year when we begin preparing for our taxes. If you’re preparing for your tax appointment only a few weeks in advance, you definitely have a problem! Here are my 5 quick tips for helping you prepare during the entire year for a tax return you know...
