Are you ready to hire your first employee? Make sure to consider these two important stages. Maybe you started a new business — solo or with a business partner. Now the business is growing and there’s just too much to do. You find yourself working long hours and...
If You Plan on Claiming an Education Credit, Read On! The American Opportunity Tax Credit (AOTC) and the Lifetime Learning Credit (LLC) include timing rules for expense payments that you need to know if you plan on claiming either on your 2018 tax return. Know what...
If You Receive Social Security Benefits, Read On! The Social Security Administration (SSA) made a 2.8 percent increase to monthly Social Security and Supplemental Security Income (SSI) benefits for 2019. Take a look at some of the most significant changes as you...
Ohio First State to Allow Taxes Paid with Bitcoin If you pay attention to financial news, you can’t escape hearing about Bitcoin and other cryptocurrencies. Bitcoin is just like country music, Justin Bieber, and pineapple on pizza — people either love it, or...
The IRS Employs the Carrot vs. Stick Method Take a look at our Internal Revenue Code. No, really, take a good look. (You can buy it on Amazon: two thick paperbacks totaling 4,968 pages. You even get free Prime shipping!) At first glance, it’s all about the...
Wall Street Throwing Parties to Dodge Taxes Wall Streeters have a lot to give thanks for this holiday season. Earnings are up, so bonuses are up. And that, in turn, means taxes are up, too. The New York Post just reported that Wall Street Bankers Are...
