Personal Finance

Subscribe: Apple Podcasts | Spotify | iHeartRadio For information on the third coronavirus relief package, please visit our “American Rescue Plan: What Does it Mean for You and a Third Stimulus Check” blog post. Review your W-4: Bigger refund or bigger paycheck?When you start a job, your employer asks you to complete form W-4. This… Continue reading How to increase your tax refund in ways you never considered

Figure Out Your Employment Status EarlyIf you own a barbershop or hair salon — or if you cut and color hair as an independent contractor — you may be wondering how hair salon taxes work. Did you know there may be certain business deductions and credits you can claim? Get every dollar you deserve with… Continue reading Tax Filing Tips for Hair Salons, Barbers, and Hairdressers

For information on the third coronavirus relief package, please visit our “American Rescue Plan: What Does it Mean for You and a Third Stimulus Check” blog post. Since 1955, “Tax Day” in the United States has been April 15, or the next business day if it falls on a weekend or holiday. Despite the fact… Continue reading Can’t File by the Deadline? Top 3 Reasons to File a Tax Extension

The IRS has already processed 22 million tax refunds totaling more than $78 billion.  If you’re among the tax filers still scrambling to get your documents in order, be sure to watch the video above. Lisa Greene-Lewis, CPA and TurboTax expert reviews some of the biggest tax deductions that people often forget. Video Transcript:Tracy Byrnes: All… Continue reading 5 Last-Minute Tax Deductions and Credits

Many people have dreams of being self-employed, but you’re different: You actually have a shot at it. You have the start-up capital and a solid business plan that will help make your dream a reality. Get every dollar you deserve with unlimited tax advice from experts who know self-employment taxes inside and out. Whether you’re… Continue reading Beginner’s Tax Guide for the Self-Employed

Life happens and sometimes we need to dip into our retirement accounts. But is it a good idea and are there tax implications?  TheStreet sat down with Lisa Greene-Lewis, CPA and TurboTax expert to explain the tax implications if you need money and dip into your IRA, 401k, or other retirement accounts. Our TurboTax Live… Continue reading 2022 Tax Tips: A Guide to 401k and IRA Early Withdrawal

American pay is slowly gaining, with average hourly earnings climbing 5.6% in the 12 months through March. But in some places, it is positively soaring. Among the highest paying sectors for entry-level workers are technology, banking, management consulting and law. Top college graduates receive starting pay of more than $100,000 a year in those fields.… Continue reading These Interns Make $16,000 a Month

Step 1: Pick a spaceYour home office must be the primary area where your business activities take place. If you spend most of your time elsewhere, your home office must be the place where you conduct administrative or management chores (assuming you don’t make substantial use of any other fixed location to conduct those chores).… Continue reading Setting Up a Home Office