1099s and W-2s are the tax forms employers use to report wages and taxes withheld for different workers. 1099 workers are also known as self-employed workers or independent contractors. These workers receive a 1099 form […]
If you’ve been saving for retirement, you know how difficult it can be to set aside money for your future. But protecting your finances doesn’t end when you reach retirement age. Your lifestyle may change, but it’s […]
Taxes create a considerable amount of stress, regardless of whether your tax situation proves simple or complex. Oftentimes, simply having to set aside time for preparing taxes can prove a hassle. Sometimes, hiring a tax professional […]
With the pandemic, more and more people have difficulty making ends meet, but that does not mean you have to sit there and struggle. While not everyone can just go out and get a better […]
As the COVID-19 pandemic continues to wreak havoc on the U.S. economy, American workers are feeling the burn. The personal income of Americans dropped over 1% in November 2020, according to the U.S. Department of Commerce. […]
One of the challenging aspects of buying any type of insurance is determining how much coverage you need. Buy too little insurance and you won’t have enough to get through a tough situation when you […]
Stimulus payments might sting a bit if taxes were due on that money, but that’s not the case. The payments are not income; they’re an advance of a new federal tax credit for the 2020 […]
A stock market crash is defined by double-digit declines that happen quickly across a broad stock market index or group of related indexes. As the coronavirus pandemic swept the United States in February 2020, the […]
Ah, the ’70s — it gave us the first flight of the 747 jumbo jet, the introduction of the Walkman, the movie Jaws, and the beloved Garfield comics. Of course, it also gave us plenty […]
A 401(k) is one of the best retirement accounts out there and is loaded with great benefits. Though, like a car that gets good gas mileage, there are things you can do to turn that […]