If you use a vehicle for business driving, you have a tax choice: deduct your actual expenses or use an IRS-approved standard mileage rate. Frequently, the actual expense method will provide a bigger deduction, but…

In today’s digital age, it is impossible to avoid the internet. Even if you don’t have a computer and actively avoid social media, there is information about you in some corner of the web. Here…

If not tracked and managed properly, capital gains tax can come as a large surprise at tax-filing time. In fact, many taxpayers don’t realize they have a capital gain until they get their 1099 form…

The U.S. Supreme Court issued a ruling in the South Dakota vs Wayfair case that opens the door for states to impose sales tax on sellers outside their borders. The case highlights a new standard…

Congratulations on your new bundle of joy! New parents can have it rough during the transition of becoming a new parent. Not only are they dealing with lost sleep, they also face the extra cost…

Some losses are inevitable when you decide to extend credit to your customers. That said, unless you are willing to forgo the credit part of your sales, you’re going to have to figure out ways…

No one likes to be blindsided by financial hardship. Listed here are 10 ideas to help ensure your financial situation stays healthy. #1 Create a safety net. Plan to have a minimum savings balance to…

As we gear up for the fourth quarter, we’re getting closer to the first tax season with the new tax law in effect. Since the introduction of the Tax Cuts and Jobs Act last December,…