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Are Your New Year’s Resolutions Tax Deductible?

Are Your New Year’s Resolutions Tax Deductible?

It’s almost the new year, and many of us are looking forward to accomplishing something new in 2024. Some of the most common resolutions include: Lose Weight Get Out Off Debt Learn Something New Travel More Volunteer All of these goals have something in common, too:...
Self-Employed Tax Deductions Calculator 2023-2024

Self-Employed Tax Deductions Calculator 2023-2024

Many turned to self-employment in the wake of the pandemic. People jumped into everything from being  online merchants to content creators and influencers on platforms like TikTok, OnlyFans, and Instagram. If this is you, you may be wondering, “Now that I am making...
Do Renters or Homeowners Have the Winning Edge?

Do Renters or Homeowners Have the Winning Edge?

For decades, traditional personal finance advice has said that if you want to build wealth, you should buy a home. Owning a home is part of the American dream – even for Gen Z. But nowadays, buying a house may not be the wise decision it used to be. In fact, it may...
How Holiday Bonuses are Taxed for Contract Workers

How Holiday Bonuses are Taxed for Contract Workers

Are you expecting a year-end bonus for your contract work this year? If so, think of everything you can spend that money on: holiday gifts, paying off credit card debt, a big-screen TV. However, if you’re a contract worker, you should take your time thinking about how...