When you’re part of a partnership or LLC, how your debt is classified—recourse or nonrecourse—can affect your taxes in big ways. This guide will break it down so you can understand what […]
For U.S. citizens living abroad or earning income from foreign sources, you still have to meet your tax obligations back home. The U.S. tax system taxes worldwide income, which means income earned […]
Today, we’re talking about something that’s on everyone’s mind—how the concerns of investors are shaping our economy and banking in 2024. If you’ve been keeping an eye on the markets or just […]
What are some tax policy questions that the 2024 presidential candidates should address? For starters, child deductions. Will they increase or stay the same? We’ve seen recently that JD Vance, Republican candidate […]
Today, we’re diving into a topic that I hear a lot from business owners, and it’s one of the biggest misconceptions out there—thinking that every dollar you spend in your business is […]
In my 20s, I used to think budgeting was restrictive, but now I realize it’s the foundation of financial freedom. When you track where your money goes, you’re in control of your […]
I am so excited to announce that I have written my first book, “Taxes 101.” I wrote “Taxes 101” to help entrepreneurs have a basic understanding of how taxes work so that […]
As we approach the 2024 presidential election, tax policy is set to be a critical issue. Voters should pay close attention to the candidates’ positions on tax matters, as their policies will […]
As an entrepreneur or business owner, the drive to grow your company is likely one of your primary goals. However, amidst the excitement of expansion, it’s crucial not to overlook the importance […]
Understanding the IRS Rule Effective in 2024, the SECURE 2.0 Act permits employers to contribute to an employee’s retirement plan, such as a 401(k) or 403(b), based on the employee’s student loan […]
The whirlwind of personal income tax return season has finally subsided for another year – or so you thought, until you realize there’s information you forgot to include. Whoops! Now what? Your […]
Understanding the Basics The Employee Retention Credit (ERC) has been a crucial financial aid for many businesses during challenging economic times. However, once you’ve obtained this benefit, it’s essential to know how […]
