The Bucket Method. Save Money. Set Your Goals There is ample information out there about how to invest, save money and pay off debt. Maybe you use a savings account, a safe or throw it all into an old shoe box. … Continue reading →

So what Is a 1099-Misc form? One of the most essential tax forms when filing a return for an Independent Contractor is a 1099-Misc form. 1099-Misc forms are used to report payments for trade or business services to and individual or businesses, … Continue reading →

One question we receive often is: What is the difference between being paid as Employee vs. Independent Contractor? What are the pros and cons of each? Which way would I pay more tax? How do I best deduct my business … Continue reading →

So many of us have found ourselves in the dreaded pitfall of debt. It can be so easy to fall into if you haven’t managed your money properly and so hard to come out of. Most of us have spent … Continue reading →

Is It Taxable If I Receive Money From A Cancelled Life Insurance Policy? Yes, If you receive money from a cancelled life insurance policy, that money may be considered taxable income when you file your tax return. A portion of the funds cashed out from your insurance policy would be your premiums … Continue reading →