8 small business tax deductions that you can’t afford not to take advantage of

Peter Daisyme •
Smiling designer in her studio

The best way to ensure that you don’t get a bigger bill than necessary come income tax time is to double-check you are getting every deduction possible. There are multiple small business tax deductions available to sole-proprietorships and other small business organizations, such as LLCs. Keep in mind that while the list below contains some


Should you hire a tax preparer?

Amber Gilstrap •
Money Under 30
Young couple and financial consultant going through investment plans during a meeting.

It’s nearly that time of year again. The stress. The procrastination. The arithmetic. The missing receipts. That’s right; it’s almost tax time! Filing taxes and decoding IRS lingo may be some people’s idea of a good time, but for the rest of us, it may make more sense to hire a professional tax preparer or


What to know about year-end charitable giving

year end charitable giving

The holidays are a time for family, friends, and giving. And, while gifting presents to loved ones is a hallmark of the holidays, charitable giving is also at its highest during this time of year. According to research by Nonprofit Source, nearly one-third of annual giving occurs in December, with 10% of all giving coming


Six key tax tips for new parents

Catherine Donaldson-Evans •
Girl running with arms out, on studio background

It goes without saying, but having a baby isn’t cheap — a fact that often blindsides new parents. “New parents don’t have a lot of extra money, and having a baby is a lot more expensive than they think it would be,” says Ellie Kay, a Parents advisor for the Mom Money Clinic and a