$1k savings is exactly what it is called, a $1k emergency savings. It is for dire emergencies only! Another emergency savings for monthly expenses (what I like to call: Help me I’ve hit a major life emergency savings) is something different. Those funds should be saved separate…but that is a completely different conversation and we …
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From this day forward you are banned from using the phrase “it’s hard” or “that’s a lot of work. Yes, being a full time parent, taking care of your home and family, and running a business (most of the time a one man/woman show) is overwhelming. It may in fact be stressful or tiresome, and …
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It’s a good thing To give back is a good thing. Don’t you feel good after you do a good deed or give to someone else ?Of course you do! Giving to charity is a form of self-pleasure. Donating money to someone else in need simply gives you a sense of joy. Individuals typically donate …
Are you or someone you know an UBER or LYFT driver? Are you aware of the tax deductions that may apply to you? It is important to keep track of all of your expenses that you may incur when doing your ride- sharing jobs (any job for that matter). Check out the list below! Tip: …
When in doubt, do NOT throw it out!!! Below is a list of documents that you should keep for one, three, and six years: Personal Documents To Keep For One year: Bank Statements bank Paycheck Stubs (reconcile with W-2) Canceled checks Monthly and quarterly mutual fund and retirement contribution statements (reconcile with year end statement) …
Are you aware of some latest changes this tax season? Do you know the effects this could have on your business? Today, we will be talking extensively about the latest changes in tax and its effect on your business. The TCJA had changed how taxes are calculated. The new law changed tax rates and brackets, …
Continue reading “What’s New This tax season: How it will Effect Businesses”
