With health care, housing, food, and transportation costs increasing every year, many retirees on fixed incomes wonder how they can stretch their dollars even further. One solution is to move to another state where income taxes are lower than the...
Read moreMedical Insurance Deduction for the Self-employed
The medical insurance premiums you pay on behalf of your employees can be deducted as an ordinary and necessary business expense on your Form 1040, Schedule C, thereby, reducing your taxable business income. However, the premiums paid for...
Read moreIt’s almost tax time… are your taxes in order?
The end of the year isn’t that far off. Gig workers… have you kept record of all, business expenses? A gig job, is a job where income is received from temporary employment…. some examples would be working on digital...
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