Now that the new year is here, small business owners may find themselves trying to understand changes brought about by federal and state laws. Here are three things owners need to know for 2019: — Tax filing season. Business owners will learn what impact the new tax law is having on their finances. Many owners
Much of personal finance is about achieving a perfect credit score. If your score isn’t exactly where you want it, luckily, there are plenty of ways you improve it. But, you’ll also be happy to know that, starting this month, your score could rise without you doing anything! Experian, Equifax and TransUnion will now exclude tax
When speaking with eCommerce sellers, the single biggest question that comes up time and again is, “Do I need to collect sales tax?” This question is quickly followed by, if so then where and when? These are great questions and they are being asked by everyone. They are asked by eCommerce sellers their
Long-standing rules authorize valuable tax breaks for homeowners who itemize their deductions on Form 1040’s Schedule A. They’re able to claim annual write-offs for payments of mortgage interest and property taxes. I noted in previous columns some of the changes introduced by the Tax Cuts and Jobs Act that Congress passed in December of 2017.
The other day, I received an e-mail from a couple I’ll call David and Ruth. They both work and own a 3-bedroom home that costs them just $1,000 monthly for real estate taxes and mortgage payments. As they plan to move into a new dwelling, one option is to convert their present place into a
As the warmer weather finally makes an appearance, many of us are dreaming about summer: lazy days spent by the pool, at the shore or just sprawling in the grass (although, honestly, those of us with kids know that this never actually happens). With a more relaxed schedule, summer can be a great time to catch