Deadlines are everywhere in running a home or a business, and these ones are important not to miss. Did you know that you can face serious penalties for not filing on time if you owe? They will charge interest. Stay on top of this one every year!
Rental property income is a great thing to have, but does it count as profit or taxable income? The differences in how you handle it are important and could cost you big time.
Did you know that taxes work a little differently for teachers? If you or your spouse is one, you should definitely read this. You could save big!
Did you know that taxes work a little differently for teachers? If you or your spouse is one, you should definitely read this. You could save big!
Did you know that taxes work a little differently for teachers? If you or your spouse is one, you should definitely read this. You could save big!
Did you know that taxes work a little differently for teachers? If you or your spouse is one, you should definitely read this. You could save big!
Both loans are combined. If the total is up to $40,000, you get 25% forgiveness as long as you pay back the other 75% on time (by Dec 31, 2022). If the total is above $40,000, you only get forgiveness if you pay $30,000 plus 50% of the excess on time. The forgiven amount will be $10,000...
This is a great time to get your business organized and it does not matter if you are a sole proprietorship, partnership or corporation (or even an employee with employment expenses)! Things usually start to slow down now, so take advantage of the lull and pull together your bookkeeping...
I cannot tell you the number of times I have started working on someone’s books and their balance sheet is not in good shape. For some reason, I find the asset side of the balance sheet gets neglected when it comes to bookkeeping and accounting.
