It’s common knowledge that self employed people must pay income tax like everyone else, but sometimes it can be tricky to know what exactly qualifies as self-employment. The taxpaying community also seems well aware of self employment tax, as well, but again the specifics get a little hazy. Today we’re going to clear the air … Read more
Higher education is becoming increasingly necessary in today’s world. At the same time, however, it’s becoming less and less likely that your education will pay for itself once you land a great job after graduation. To help offset exorbitant tuition rates and fees, the IRS offers several tax deductions to help with qualified education expenses. … Read more
Death and taxes may be the only two sure things in life, but you can at least get some wiggle room on your taxes. You can achieve breathing room on your taxes through tax deductions, which let you use certain expenses to lower your income and therefore your tax liability. The concept itself is quite … Read more
