Have you ever heard someone describe something as “simple but not easy.” You want to lose weight? Eat less than you do now. Simple. Then Thanksgiving happens. Not easy. In fact, it seems like the simpler a thing is to…
Continue reading the "Are Your Personal Finances Hurting Your Business?" »
One of the more interesting aspects of the Tax Cuts & Jobs Act (TCJA) was the modification to the very popular business tax deduction known as Meals & Entertainment. There has been a lot of confusion surrounding what has and…
Continue reading the "Meals & Entertainment Changes for 2018" »
In a perfect world, when you go to buy a house you would have at least 20% of the home value to put down as a down payment. It’s that magic number that lenders want to see. If you can…
Continue reading the "Mortgage Insurance Premiums – Get rid of them!" »
Kids can be expensive. Anyone who has raised or is raising kids knows this. However, I am a firm believer that kids are as expensive as you make them. With the exception of maybe medical expenses, a lot of what you…
Continue reading the "Maximizing Child Care Expense Deductions" »
It’s hard to find any articles about Trump’s tax plan that just simply explain what is being purposed without any opinion. This is my attempt to do so. There is no criticism or endorsement here. This is just a breakdown…
For a lot of small businesses, the mileage deduction can be one of their biggest deductions. However, tracking your mileage can be very frustrating and time consuming. I have recently started using the app MileIQ to track all my business…
Today, January 23, 2017, is the official first day of tax season. Here are 5 important things to know before you file your taxes. 1. Filing Deadline The filing deadline this year is actually April 18, 2017. The 15th falls…
Continue reading the "5 Things to Know as Tax Season Begins" »
Every once in awhile we will get a client that decides at the last minute to tell us they earned some money on the side. This can be anything from selling Mary Kay to flipping a house. Maybe they even…
Saving money can be a struggle for many people. That little voice in our head can trick us into believing just about any excuse. I don’t make enough. I can save when I’m older. I’m just not good with numbers. I’m too busy…
Continue reading the "Simple Trick to Save an Entire Paycheck" »
Wouldn’t it be nice to have the power to give yourself a raise? A raise could allow you to increase how much you are saving a month for a down payment on a house. A raise could increase the amount…
