What Happens if You File Taxes Late? Here is the Good News and Bad
This post was written by Riley Adams, and originally appeared on Your Money Geek. It has been republished with permission. Just do it already. Reset your view on taxes if…
A 1099 vs W2 Tax Calculator (To Estimate Your Taxes)
A 1099 and a W-2 are both tax forms that report income to the IRS (Internal Revenue Service). That being said, they are also terms that are commonly used to…
What Is an LLC? And How Is It Different Than a Corporation?
I know a thing or two about the complexities of launching a new business. As the owner of several businesses in the Los Angeles entertainment industry, I know from experience…
Adding Tax Diversification to Your Retirement Portfolio
Have you ever considered the possibility that you may earn a higher income after you retire than you have now? It sounds crazy, I know, but it’s not as uncommon…
How Long to Keep Tax Returns: 7 Questions to Consider
How long to keep tax returns is one of the most asked questions in personal finance. Did you know the average American spends 13 hours every year preparing federal tax…
How to Do Taxes on Your Own: Your Complete Guide
If you earn a steady income or even an inconsistent one, you're likely paying taxes or on the hook for them. Employers withhold taxes each pay period from their employees'…
25 Tax Memes That’ll Make You Laugh But Also Probably Cry
If you're supposed to be doing your taxes right now I've got some bad news for you: reading a list of tax memes isn't technically doing your taxes. Or anything…
Top 9 Tax Return Service Reco’s
Am I the only one who gets excited about filing taxes? Yah, maybe I am. A lot has changed this year, but filing your taxes can be easy to navigate…
What Is a Self-Directed IRA Real Estate Investment (and Should You Do It)?
Why would you buy real estate in your IRA? The biggest benefit of a self-directed IRA real estate investment is the awesome opportunity for your money to grow...tax-deferred! You can…
W4 vs W2 vs W9 vs 1099 Tax Forms: What Are the Differences?
While the W4 vs W2 vs W9 vs 1099 are all tax forms, they serve very different purposes. Here's a broad strokes comparison of the multiple forms. The W9 vs…
What Is a Self-Directed 401k?
Will you have enough money in retirement? The Bureau of Labor Statistics found that only 43% of United States workers participate in a retirement savings plan. This survey was actually specific…
How to Do Your Own Taxes (and Save some Money!)
It may seem terrifying at first, but you can learn how to do your own taxes. Let's take a look at what forms you'll need to fill out, tax credits…
How to Pay Less Taxes: 7 Basic Tax Planning Strategies
To hear some folks tell it, low taxes are basically the Holy Grail of personal finance. Those folks just might be right! Over the course of several years, a few…
How to Incorporate Yourself to Save Money (and Protect Your Assets)
So you are a freelancer or independent contractor and you want to know how to incorporate yourself. Smart. My feeling is that if you are self-employed in this way, you're…
The 1031 Exchange Timeline (and All The Other Rules!)
A 1031 exchange timeline is worth investigating and enduring the hassle of abiding by. Here's why... When you sell an investment property at a profit, you typically have to pay…
21 Tax Deductions Small Businesses Need to Know
Did you know you can reduce your liability at tax time by using standard business tax deductions? Tax deductions help small business owners reduce the cost of running their enterprise.…
3 Ways to Do Your Taxes: H&R Block vs TurboTax vs an Accountant
In this guide on H&R Block vs TurboTax vs an accountant, we are going to be looking at the pros and cons of each of these tax preparation solutions so that…
The 4 Best LLC Formation and Incorporation Services
Incfile vs Legalzoom vs Biz Filings vs Zen Business When it comes to choosing from all the online LLC formation and incorporation services available, you need to cut through the…
Solo 401k vs SEP IRA: A Comparing For the Self-Employed
Self-employment can offer an excellent work-life balance, as well as other freedoms and lifestyle benefits! Hahaha...wasn't that funny. Seriously though, self-employment will likely be the cause of you working 80…