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
Setting Up a Home Office
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
1099-MISC Instructions and How to Read the Tax Form
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. Form 1099-MISC used to be a self-employed person’s best friend at tax time. However, this form recently changed, and it no longer includes nonemployee compensation the way it… Continue reading 1099-MISC Instructions and How to Read the Tax Form
What, Me Worry? Last-Minute Taxes
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. According to the Internal Revenue Service, 20-25% of all Americans wait until the last two weeks before the deadline to prepare their returns. At that late date, there… Continue reading What, Me Worry? Last-Minute Taxes
TurboTax Guide to Self-Employment Taxes in Today’s Gig Economy
Many Americans have recently found themselves joining the gig economy as either a self-employed individual, a freelancer, or a similar short-term worker. If you fall into one of these categories, you are likely wondering how self-employment tax is handled compared with what you’ve done before. Here, we’ll help you feel confident in your understanding of… Continue reading TurboTax Guide to Self-Employment Taxes in Today’s Gig Economy
Tom Bradley: The more things change, the more the keys to successful investing stay the same
Tom Bradley: Time in the market is more important than timing the market Traders work on the floor of the New York Stock Exchange. Photo by Michael Nagle/Bloomberg files This month marks our firm’s 15th birthday. I’ve been using the milestone to reflect on how much has changed since we started, and how much has… Continue reading Tom Bradley: The more things change, the more the keys to successful investing stay the same
Elon Musk offers to buy Twitter for $41.39 billion
Billionaire says social media company has extraordinary potential and he will unlock it Author of the article: Bloomberg News Maxwell Adler and Giles Turner Publishing date: Apr 14, 2022 • 17 hours ago • 2 minute read • 306 Comments Elon Musk has offered to buy Twitter for US$41.39 billion, a regulatory filing showed on Thursday.… Continue reading Elon Musk offers to buy Twitter for $41.39 billion
FP Answers: Should we take money from our RRSPs, TFSAs or both to make a down payment on our first home?
Adviser suggests using the RRSPs first and then the TFSAs, and strive to have a 20-per-cent down payment to avoid CMHC fees Publishing date: Apr 14, 2022 • 18 hours ago • 4 minute read • 5 Comments Should these first-time homebuyers use their RRSPs or TFSAs to fund a down payment? Photo by Carlos Osorio/Reuters… Continue reading FP Answers: Should we take money from our RRSPs, TFSAs or both to make a down payment on our first home?
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