2017 May

10 retirement stats that will blow you away

2017-05-02T20:04:37+00:00

For many Americans, retirement is a mixed bag. On one hand, countless seniors enjoy the flexibility and freedom retirement offers. On the other hand, finances, or a glaring lack thereof, are a major concern for older Americans, especially since so many go into retirement ill-equipped to live off a fixed income. Here's some key data [...]

10 retirement stats that will blow you away 2017-05-02T20:04:37+00:00
2017 May

How Does an LLC Owner Get Paid?

2017-05-02T20:01:12+00:00

How Does an LLC Owner Get Paid? The limited liability company (LLC) is a peculiar form of business type, and a recent addition to the types of businesses. There are two types of LLC's - a single owner LLC (called a "single-member LLC") and a multiple-owner (multiple-member) LLC. As a member of an LLC, either [...]

How Does an LLC Owner Get Paid? 2017-05-02T20:01:12+00:00
2017 Mar

Apple iCloud ransom demands: The facts you need to know.

2017-03-28T12:33:51+00:00

Apple iCloud ransom demands: The facts you need to know. Welcome to the wonderful world of security nuance. Hackers are demanding Apple pay a ransom in bitcoin or they'll blow the lid off millions of iCloud account credentials. Beyond the primary headline, however, there are a bevy of loose ends and nuances to ponder. So [...]

Apple iCloud ransom demands: The facts you need to know. 2017-03-28T12:33:51+00:00
2017 Mar

How to get your biggest tax deduction

2017-03-28T12:30:40+00:00

How to get your biggest tax deduction The IRS says the money belongs to an estimated 1 million taxpayers who didn't file 2013 returns. Doubling up on your deductions can be a really smart move. At tax time, you always want to pay as little in taxes as you can. Taking advantage of the best [...]

How to get your biggest tax deduction 2017-03-28T12:30:40+00:00
2017 Mar

Single Mom’s Post About Her Tax Refund Goes Viral

2017-03-02T22:56:35+00:00

A recovering addict and single mom took her $5,600 tax refund and used it not to splurge on the latest gadget, but to pay her rent—for the entire year. Christina Knaack put a photo of the rent check on Facebook Wednesday and explained her reasoning behind the move in a post that's since gone viral, [...]

Single Mom’s Post About Her Tax Refund Goes Viral 2017-03-02T22:56:35+00:00
2017 Mar

How to report major life changes to the IRS

2017-03-02T22:54:47+00:00

If you got married, had a baby, went through a divorce, picked up a side gig or were widowed in 2016, there was a lot to keep track of. One of the biggest items is to tell the IRS. In all of those situations, there are important tax consequences to your return. Here's a look [...]

How to report major life changes to the IRS 2017-03-02T22:54:47+00:00
2017 Feb

Test Your Tax IQ With This Pop Quiz

2017-02-23T18:36:25+00:00

What’s your tax bracket? It’s actually a bit more complicated than it sounds. Sure enough, 39 percent of people in a recent survey answered that question with one of their own: Huh? Seven percent of respondents didn’t know what a tax bracket was. That’s according to a NerdWallet survey of 1,800 U.S. taxpayers conducted by Harris Poll. Confusion [...]

Test Your Tax IQ With This Pop Quiz 2017-02-23T18:36:25+00:00
2017 Feb

Should I itemize on my tax return, or take the standard deduction?

2017-02-23T18:34:31+00:00

If you want to save on your taxes, you should take the biggest deductions you can. Most people take the standard deduction, unless itemizing deductions will give them a larger tax break. Before you just follow the math, however, you should be aware that there are a few situations in which it might be worth [...]

Should I itemize on my tax return, or take the standard deduction? 2017-02-23T18:34:31+00:00
2017 Feb

The best tax tips for freelancers

2017-02-23T18:31:23+00:00

On the back of the gig economy, making ends meet has taken on many forms. From Uber drivers to freelance web developers, there's a growing group of 1099 workers in the labor force – some have a side job in addition to a permanent position, others have become full-time contractors. In either case, the percentage [...]

The best tax tips for freelancers 2017-02-23T18:31:23+00:00