blog How to Classify a Worker In the United States, there are several options for worker classifications. However, there are only…Joshua ThompsonSeptember 8, 2022
blogPersonal Tax Items Cryptocurrencies Potential Tax Changes As we all know, cryptocurrencies are digital currencies like Bitcoin, Ethereum, and the like. There…Joshua ThompsonAugust 8, 2022
blogPersonal Tax Items How Inflation Affects on Your Taxes Inflation can affect your taxes in many ways, positively and negatively. Certain items with the…Joshua ThompsonAugust 8, 2022
blogBusiness Tax ItemsPersonal Tax Items Estimated Tax Payments Requirements This post will shine light on estimated tax payments. What it is, who needs to…Joshua ThompsonAugust 8, 2022
blogBusiness Tax ItemsPersonal Tax Items 1099 NEC – Who is Required and When to File If an individual earns over $600 a year from business-related incomes, not including their employer,…Joshua ThompsonAugust 8, 2022
Uncategorized Flip Your Home Tax Free: Live-In Flips Live-In Flip Strategy The IRS allows you to enjoy a lot of tax benefits. These…Joshua ThompsonJuly 11, 2022
Uncategorized Quick Facts & Update: Ukraine Donations, Reverse Mortgage, Roth IRA Rule and More IRS Quick Facts and Tips Knowledge is bliss, and as a taxpayer having certain knowledge…Joshua ThompsonJuly 8, 2022
Uncategorized 401(k) Early Withdrawal Not all employers permit early 401(k) withdrawal. To this end, you must check with the…Joshua ThompsonJuly 6, 2022
Personal Tax Items Inherited IRA Delma Inherited IRA The IRS (Internal Revenue Service) makes it mandatory for every IRA (Individual Retirement…Joshua ThompsonJuly 6, 2022
Uncategorized Crypto Winter? Tax Benefits? The term “Crypto Winter” started circulating earlier this year. For those not aware, a “Crypto…Joshua ThompsonJune 13, 2022
Uncategorized Standard Deduction vs Itemized Deductions Standard Deduction The IRS understands we have general personal expenses throughout the year. Instead of…Joshua ThompsonJune 13, 2022
Personal Tax Items Great Time for A Roth Conversion If you have ever considered converting a Traditional or regular 401k (403(b), IRA, SEP, etc.…Joshua ThompsonJune 13, 2022
Uncategorized Crypto in 401k Under Investigation The Department of Labor is scrutinizing crypto in retirement accounts governed by ERISA, which includes…Joshua ThompsonJune 13, 2022
blogBusiness Tax Items Hiring Your Kids, The Hidden Tax Strategy It’s no secret that having children can mean a great amount of savings when it…Joshua ThompsonMay 12, 2022
Uncategorized Crypto Tax Strategies Cryptocurrencies, virtual currencies, bitcoin, Ethereum 2.0, WAGMI, staking, mining, lending, and borrowing. There are many…Joshua ThompsonMay 12, 2022
Uncategorized Benefits of Creating an IRS Account Of all the benefits listed below, the largest is not having to wait on hold…Joshua ThompsonMay 12, 2022
blogPersonal Tax Items 529 Education Savings Accounts for the Next Generation Education is one of the most important items for the next generation. However, with each…Joshua ThompsonMay 12, 2022
Uncategorized Potential Upcoming Tax Changes With the democrats attempting to push their plans through congress here are a few changes…Joshua ThompsonFebruary 1, 2022
Uncategorized Business Tax News November 2021 This edition we are talking about deducting Medicare Premiums, Retirement Accounts, a Year-End Tax Strategy,…Joshua ThompsonFebruary 1, 2022
Uncategorized Personal Tax News November 2021 This edition we are talking about Medical, IRA, IRS Private Collectors, Estimated Tax Penalty and…Joshua ThompsonFebruary 1, 2022