Ever wondered what the differences are among tax software programs? Maybe that only keeps nerds like me up at night, but there are differences. Examples: The most popular tax software is also the most expensive. And some cheaper programs charge … [Read more...]
Tax Return Preparation Options: Calculator, Computer, or CPA?
As you gather necessary tax documents and prepare to start your tax return, it's time to decide how you are going to file. And these days, you have several choices. You can go old school and break out the pencil and paper. You can buy tax … [Read more...]
Your Tax Document Checklist: The No-Stress Guide To Filing Your Taxes, Part 1
This Website is all about taking confusing, boring topics and presenting them as clearly as possible. And few topics are more confusing and boring than taxes. So whether taxes simply fail to excite you or flat out freak you out, we're going to try … [Read more...]
Self-Employed? Need to Deduct Big Ticket Items? Get Crackin’ with the Section 179 Deduction
If you're self-employed or a business owner and you haven’t heard of the Section 179 deduction, it’s time to get familiar with it, because the Small Business Jobs and Credits Act of 2010 has increased the thresholds on this valuable tax deduction … [Read more...]
Side Income: Is It a Hobby or a Business?
Shannon works in sales where she makes decent money and lives in a nice house with her family. Shannon doesn’t dislike her job, but it’s not her passion. So every Friday, at the end of a draining 40-hour work week, Shannon hurries home to spend … [Read more...]
Fringe Benefits For the Win: 15 Tax-Free Perks of Working for the Man
Do you know how much do you earn? (Hint: If your employer provides benefits, it's actually more than you think.) See, if your salary is $50,000, you don’t earn just $50,000. The actual value of your pay is comprised of both salary and benefits, … [Read more...]
Gains & Losses: What Will Be Taxed and What Can I Claim?
As we get older, we generally acquire more and more assets. The assets usually start out small and become increasingly more valuable. Typically, as we become more independent and financially stable, we’ll buy our first car, start investing our … [Read more...]
I'm David Weliver. At 26, I had NO savings and NO financial plan. I was maxed out, stressed out, and fed up. Then, I changed. I repaid $80k of debt, tripled my income, and bought a home. I'll show you how to get similar results.