Being self-employed doesn’t mean you miss out on workplace retirement plans. With a solo 401(k) plan, you can sock cash away for your retirement in a tax advantaged savings plan even if you are working for yourself. Tax Advantaged Savings: Solo 401(k) aka Self Employed 401(k) A Solo 401(k) plan is defined by the Internal […]
Solo 401k Contribution Calculator Read More »
It’s never too early to start saving toward retirement. Set your child up for financial success with a custodial Roth IRA account.
How to Open a Custodial Roth IRA for Your Kids Read More »
Without the bells and whistles, FreeTaxUSA makes filing taxes affordable.
FreeTaxUSA Review: Should You Use It? Read More »
You don’t want to pay more for something than necessary when money is tight. With tax time here, you can hold onto more cash when you file your own return. Whether your taxes are simple or complicated, filing fees are generally less than what you’d pay someone to do this for you. Plus, you can
E-File.com Review: No frills means big savings Read More »
Freelancers and self-employed individuals are used to wearing many hats. When your days are dedicated to finding new work and handling projects, it doesn’t leave you a lot of time for administrative tasks, such as invoicing clients and paying bills. But if you can’t stay on top of these tasks, it is easy to fall
QuickBooks vs. FreshBooks vs. Xero for Freelancers and Self-Employed Individuals Read More »
Technology has made the digital nomad lifestyle possible. With easy internet access and cloud-based platforms, making a living is no longer confined to a physical office. Digital nomads can operate remotely while traveling around the world. They can work in places such as cafes, libraries, recreational vehicles, and even the beach if the connection is
Guide To Filing Taxes For Digital Nomad Americans Living Abroad Read More »
Tax law can be complicated. Since most of us don’t prepare tax returns for a living, we don’t always know we can and can’t deduct. To add to the pressure, if you make a mistake on your tax return, it can cost you. Not only could you owe more taxes, but you may also get
Best Tax Preparation Software For Freelancers and Self-employed Individuals Read More »
If you have a young child, you’ve probably heard that education is key to their future success. You’ve probably also heard about – or even experienced firsthand – skyrocketing higher education costs. With that in mind, you might wonder about the best ways to save for your child’s education. Of course, if they’re young enough,
How to Save for Your Child’s Education Early Read More »
