The April 15 tax filing deadline (May 17, 2021, for tax year 2020) is one of the most dreaded days of the year for millions of Americans, either because they hate the hassle of preparing their taxes or dread the resulting…
Do you need help with tax planning and preparation, business accounting, financial statements, or other business strategies? Consider hiring a Certified Public Accountant, also known as a CPA. Hiring a CPA costs more than do-it-yourself solutions like TurboTax or QuickBooks,…
Being self-employed is awesome. You enjoy more control over your work-life balance, choose your hours, and have more say in the people and clients you work with. But before you hand in your letter of resignation, you need to understand…
Getting an unexpected cash windfall can be exciting. Maybe you won a small contest or got a bonus at work. Or perhaps you got really lucky and won a lottery prize worth tens or hundreds of thousands of dollars. You…
It can happen to anyone. Maybe you’ve been buried by a big project at work, dealing with a family crisis or illness, or just so overwhelmed by the task of gathering all your tax documents and receipts that the tax…
My husband and I were recently shocked by the amount of our income tax refund. At first, we were elated. It was enough to pay off our car, allowing us to live debt-free. At the same time, we were kicking…
According to a 2016 analysis of U.S. Census Bureau data, about 18 million adults in the United States are cohabiting with an unmarried partner. People have their own reasons for cohabitation rather than getting married. Some test-drive a relationship before tying…
Tax time is stressful. It helps to be aware of possible deductions ahead of time so you can keep appropriate documentation to maximize your deductions and credits and pay the lowest tax possible. Even the IRS encourages you to take…
How do you feel when you think about taxes? Confused? Intimidated? Overwhelmed by the number of rules to follow and forms to complete? What if you could avoid filing a return entirely? No, we’re not talking about dubious tax shelters…
There was a time when moving in with your significant other or partner before you married them was enough to get tongues wagging and eyebrows raising. These days, cohabitation isn’t just common; it’s the norm. According to data from the…
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