Last tax season, the average direct deposit tax refund was more than $3,000. If you are expecting a tax refund this tax season and you’ve been thinking about starting a side hustle or self-employed business, that kind of money can...
Every year, I join a fantasy football league with my friends and every year, I lose. So for me, unfortunately, my limited sports gambling has no impact on my taxes. But if you frequently place bets on sporting events, and...
Are you a wedding planner? Wedding planners are in a unique business, which means you’ll have business expenses specific to the work you do which can lower your taxable income. Below, we’ve shared seven tax deductions you don’t want to...
Under tax reform, you can no longer claim the dependent exemption beginning with tax year 2018, which was $4,050 for tax year 2017, but you still need to know who qualifies as your dependent for other tax benefits like the...
Years ago, when I first started investing, I was worried about what it meant for my taxes. I just started a new job, set up my retirement plan, and my head was spinning from so many forms that I waited...
Are you searching for a way to build long-term wealth? Investing can help accomplish this goal. The best part is that you don’t need to be an investment banker or wealthy to start. If you still need to invest your...
Investing your money can seem intimidating because it’s so much different from working. When you work, you get paid for your time, your expertise, and your experience. You put in an hour of work, you get paid an hour of...
When I first started investing in the stock market, I wasn’t quite sure what I was doing. I wasn’t sure if my purchases would lose value the moment I bought them or if they would grow into exponential figures. I...
UPDATE: The Treasury recently announced tax changes and updates in response to COVID-19, updates include an extension of the first installment of tax year 2020 quarterly estimated taxes to July 15, 2020. Some information in this post however requires additional...
The answer to that question is yes – but it may be limited based on your situation. Due to tax reform passed in December 2017, you can still take tax deductions for certain expenses related to home ownership, however those tax...
Last tax season, the average direct deposit tax refund was more than $3,000. If you are expecting a tax refund this tax season and you’ve been thinking about starting a side hustle or self-employed business, that kind of money can... 
