As the end of the year approaches, it’s key to make sure that you are keeping your records up to date in regard to all income and taxable revenue you are generating from any source. This includes hobby businesses. Many…
The Tax Cuts and Jobs Act (otherwise known as tax reform) has brought with it many changes for freelance taxpayers, three of the key ones are highlighted below—with some helpful hints to mitigate your tax burden. The “backdoor” Roth IRA…
If you filed your taxes on time this year, you may be breathing a sigh of relief about not having to think about them again until next April. Before you wipe any traces of tax-induced sweat off your brow completely…
Being self-employed is not for the faint of heart, or for those who are faint about their finances. Sadly, studies have shown time and again that a key contributor to freelance business failure is a lack of financial organization. Fortunately,…
There’s no avoiding it this week—the mushy cards and candy-filled aisles of every grocery and drug store aisle remind you that if you’re not coupled off in a romantic relationship already, you “should” be. In stark contrast, there are very…
Next week, the IRS is officially “open for business” when it comes to accepting tax returns. While you may not be quite ready to haul out your file of tax receipts (You did keep them, didn’t you?) and gather up…
What’s worse come December? The unending hunt for a good parking spot or buying the right present for your picky Uncle Todd? Add in responding to last-minute client requests and wrapping up presents and projects before the holidays and the…
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