Jim Wang

Recent Grad? Here’s Four Reasons to Start Saving Now Rather Than Later

June 16, 2021 / Jim Wang

Congratulations on your graduation! If you recently graduated, whether it’s from college or high school, there are some important decisions ahead of you. Many of these decisions don’t necessarily have right or wrong answers, so it’s OK if you’re not...

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Self-Employed

Self Employed: Living and Working Abroad? Here’s What You Need to Report to the IRS

June 8, 2021 / Jim Wang

One of the more popular trends these days is being a digital nomad. If your work can be done remotely and not at an office, why not travel the world at the same time? You can often live in an...

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Tax Planning

Unable to Pay Your Tax Bill? Here’s What To Do

May 12, 2021 (Last Modified: May 18, 2021) / Jim Wang

Another bill, oh no! It doesn’t feel great to file your tax return and find out you owe money. It’s like heading out the door and discovering your car won’t start! But don’t worry, you actually have several options if...

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Tax Deductions and Credits

Your Guide to Filing Taxes as the Head of Household

May 7, 2021 / Jim Wang

If you’ve ever prepared your taxes, you may have been intrigued by this term – Head of Household. Head of Household isn’t just a fancy title, it’s a specific term that has tax implications, and knowing how to file your...

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Self-Employed

Moving from Employee to Self-Employed? Here’s What it Means to Your Taxes

March 31, 2021 / Jim Wang

Whether your hobby became your main business or you began working a side hustle to supplement your income, starting your own self-employed business can be an exciting time. It can also be an uncertain time as you try to navigate...

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Tax News

What Coronavirus Relief Means for College Students and Grads

March 18, 2021 / Jim Wang

Coronavirus has significantly changed the way we currently live our lives. My wife is a professor at the University of Maryland, and she’s seen first hand the impact it’s had on the university. Many of the classes are now online...

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401K, IRA, Stocks

I Started Investing This Year, What Do I Need to Know Come Tax Time?

March 2, 2021 (Last Modified: May 14, 2021) / Jim Wang

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...

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Tax Deductions and Credits

Can I Claim My Girlfriend or Boyfriend as a Dependent?

February 4, 2021 / Jim Wang

Under tax reform, you can no longer claim the dependent exemption beginning with tax year 2018, but you still need to know who qualifies as your dependent for other tax benefits like the new Other Dependent Credit worth up to...

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Income and Investments

First Time Investors, Here’s What You Need To Know About Taxes

December 10, 2020 (Last Modified: February 4, 2021) / Jim Wang

There continues to be an increase in the number of people investing in stocks, especially when it comes to Millennials and Gen Z. The ability to easily trade and invest with a rise of investment apps like RobinHood, Stash, Acorns,...

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Self-Employed

Self Employed – Small Business Saturday and Giving Back

November 27, 2020 (Last Modified: February 4, 2021) / Jim Wang

As we enter the season of giving, you may see a lot of stores and companies giving back to the community, especially with so many people facing difficult times. Some may donate a portion of sales to a charity, and others...

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Jim Wang

Recent Grad? Here’s Four Reasons to Start Saving Now Rather Than Later

Self Employed: Living and Working Abroad? Here’s What You Need to Report to the IRS

Unable to Pay Your Tax Bill? Here’s What To Do

Your Guide to Filing Taxes as the Head of Household

Moving from Employee to Self-Employed? Here’s What it Means to Your Taxes

What Coronavirus Relief Means for College Students and Grads

I Started Investing This Year, What Do I Need to Know Come Tax Time?

Can I Claim My Girlfriend or Boyfriend as a Dependent?

First Time Investors, Here’s What You Need To Know About Taxes

Self Employed – Small Business Saturday and Giving Back

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