What Is a Solo 401(k)?
You need to look into the solo 401(k) if you’re self-employed and wish to save for retirement, … Read More
All About Schedule H (Form 1040), Household Employment Taxes
You’re likely to hire help at some point for tasks around the house, which makes … Read More
Tips for First Time Extension Filers in 2022
The federal income tax filing deadline this year is 18 April. You only have a … Read More
2022 Federal Quarterly Estimated Tax Payments
Taxes on income earned in a given tax year – now 2021 – that are … Read More
How and When to Report Tips for Tax Purposes
One of the best things about working in the service industry is the tips. Whether … Read More
RMD Deadlines for Those Reaching Age 72 in 2021
The script has flipped for investors entering their seventies after decades of putting money away … Read More
Ways You Can Avoid or Reduce IRS Penalties
The goal of IRS penalties is to correct taxpayer behavior. Anyone can face an IRS … Read More
How Your Lottery Winnings Are Taxed
Played the lottery and won big? You’re probably wondering how you’ll spend all that money. … Read More
Difference Between Estate Taxes and Inheritance Taxes
Losing your loved one is a tragedy that needs time to heal, and the last … Read More
Report Stock Investment Tax on Tax Return
If you want to build wealth and financial security, investing in stocks is a great … Read More