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 […]
The Mega Backdoor Roth IRA stands out as a powerful strategy for high-income earners looking to supercharge their tax-advantaged savings. While the traditional Roth IRA and 401(k) plans offer valuable benefits, the […]
Medical expenses can put a serious dent in anyone’s budget, and especially during uncertain times, it’s crucial to know how they impact your taxes. So, let’s dive into a question you might […]
Planning a renovation project? Let’s talk about some tax-saving tips that could make your home improvements even more rewarding. Today, we’ll explore both Federal and California-specific incentives that could save you money […]
Taxes are an essential aspect of any modern society, serving as the primary source of revenue for governments to fund public services and infrastructure. However, navigating the intricacies of the tax system […]
California, renowned for its scenic beauty and vibrant economy, also carries the reputation of imposing high taxes on its residents. For those contemplating a departure from the Golden State, there’s an additional […]
