Month: July 2018

Some independent contractors are consultants, agents, or brokers. Others might be creative professionals, technical wizards who are part of the start-up culture, models and actors, or even part-time Uber drivers. Whether you own a business or are a freelancer who provides services to other businesses, you are considered self-employed. This means you must handle your… Continue reading The Pros and Cons of Being an Independent Contractor

Before computers, bookkeepers relied on paper ledgers to record debits and credits, revenue and expenses. Gone are the days of hand-written financial records and mailing in tax returns which we painstakingly wrote on with our most legible penmanship. Machines such as calculators began to play a technological role in the 1800s, by the end of… Continue reading The Best Tax and Accounting Software Programs

Every year, droves of actors, models, and other creatives move to Los Angeles with the dream of making a name for themselves in highly competitive film industry. For every successful Hollywood star, there are hundreds of others with grand aspirations who are struggling to make ends meet, working part-time jobs that allow them the time… Continue reading 5 Things Actors, Models, and Artists Legitimately Write-Off

Let’s get down to it! Should a married couple file taxes jointly or separately? The questions can be a very important one for you depending on what you want. They both have benefits to your financial outcome when it comes to taxes so choose wisely. Below are the differences of married filing jointly and married… Continue reading Should a Married Couple File Taxes Jointly or Separately?

5 things to avoid if you owe money to the IRS…The questions are, do you owe money to the IRS? Many people dread tax season. While a sizable return is a cause for celebration, owing money to the IRS is never fun—especially when you haven’t budgeted for a high bill. Unfortunately, avoiding the debt won’t… Continue reading 5 Things to Avoid If You Owe Money to the IRS