Are you one of the many people who dream of becoming wealthy someday, without knowing exactly how that could be possible with the job you have or the life you live? Maybe it seems completely unreachable with your already busy schedule. When you hear the phrase “wealth strategy”, what thoughts come to mind? I don’t […]
Taxes for Individuals
Check Your Withholdings Following the New Tax Law
Updated Withholding Calculator, Form W-4 Released; Calculator Helps Taxpayers Review Withholding Following New Tax Law WASHINGTON –The Internal Revenue Service today released an updated Withholding Calculator on IRS.gov and a new version of Form W-4 to help taxpayers check their 2018 tax withholding following passage of the Tax Cuts and Jobs Act in December. The […]
How to Make Money Part 3: The Clay Tablets from Babylon
This is the final advice about how to make money, given to you from the classic book The Richest Man in Babylon. The character in the book carves five clay tablets with his plan of how he will secure his financial situation and begin to build wealth for himself. He outlines his plan, lists his […]
5 Things to Remember: Exemptions & Dependents for Tax Year 2017
Most taxpayers can claim one personal exemption for themselves and, if married, one for their spouse. This helps reduce their taxable income on their 2017 tax return. They may also be able to claim an exemption for each of their dependents. Each exemption normally allows them to deduct $4,050 on their 2017 tax return. While […]
How To Make Money Pt 2: The 5 Laws of Gold
The short book The Richest Man in Babylon by George S. Clason, is considered the “bible of financial freedom” to many successful people. If you’re not familiar with it, here’s a link to a free pdf version. Not only are the strategies easy to follow, if you add a creative tax strategy on top of […]
What to Do with the 2018 Tax Law Changes – Individuals & Families
(read more at The Motley Fool) Major changes to the US tax law (the biggest changes in 30 years) came through the US Congress, which means it’s time to re-strategize with your tax planner. Ensure you’re doing everything you can with 2017 taxes to take advantage of any savings that will be expiring, and push […]