If you have been following the news, you know the new COVID relief plan should be signed by President Biden today. It’s called The American Rescue Plan. This plan not only includes another $1400 in stimulus payments for tax payers and their dependents, but it also includes other tax benefits for certain individuals applicable for […]
Little Ways Having a Side Biz Helps You Keep More Of Your Money (video) – Ep005
This is episode 005 in the Words About Work, Wealth and Money series. In this video I present a “case study” on little ways having a side biz helps you keep more of your money. I discuss these four phrases originally presented in episode 001 of Work, Wealth and Money. Have a legitimate Side Biz […]
I Have Business Expenses – What Do I Need to Write Them Off?
Alright my lovely business owner, freelancer, independent contractor, gig-worker, side hustler, solopreneur … You get the picture. You’ve been spending money working one your business, and you want to know how you can use those business expenses as a deduction against your income. There are so many details I can and should share with you […]
It’s Tax Time – What Do I Need?
You only do it once a year, so it can be difficult to remember what documents are needed. If I’m your tax preparer, start with this one 2016 Client Tax Questionnaire Client Tax Questionnaire, and provide a copy of your social security card and your state issued identification. Next, do the following: FIRST – — Verify the […]
Is There a Fairer Tax System for America?
I’ve been a certified tax preparer since 2003, and the tax code has done nothing but get more complicated for everyone, less favorable for the low and middle class, and is down right unfair to people who actually saved for retirement via any tax-deferred savings account. The extreme poor, who benefit from the taxes we […]