3 Uncommon Tax Tips for Running a Side Business

3 Uncommon Tax Tips for Running a Side Business

Tips for Filing Taxes on Your Side Business Income At Molen & Associates we’ve specialized in business income tax preparation for people who have it as both their primary and secondary incomes for over 35 years. Here I’ll explain three uncommon tips I give my...
Tax Tips for Online Sellers

Tax Tips for Online Sellers

Tax Planning Important for Online Sellers New business owners often wonder what is required of them when starting a business, because it’s critical to make the best decisions early on. In the state of Texas, a sole proprietor can start a business without filing entity...
How Do Tax Brackets Work?

How Do Tax Brackets Work?

The Impact of Tax Brackets on Your Financial Planning There are actually two ways to look at your tax bracket. One is called your marginal tax bracket, and one is your effective tax bracket. Marginal Tax Bracket Your marginal tax bracket is the thing that is most...
To Roth or Not to Roth, That is the Question

To Roth or Not to Roth, That is the Question

IRA stands for Individual Retirement Account. There are two primary types, Traditional IRA and Roth IRA. In this post I’m going to give you the basic information you need to help determine which type is best for you to contribute to annually. Employee Retirement...