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Advantages of Retirement Accounts

Advantages of Retirement Accounts

Retirement accounts are a cornerstone of financial planning for the future, yet they can often feel like a maze of acronyms and options. What exactly are 401(k)s, IRAs, and Roths, and how do they benefit us? Let’s break it down. In the past, pensions were the...
Tax Deductions for the Self-Employed

Tax Deductions for the Self-Employed

If you are a sole proprietor or receive a 1099 for contract work then you will want to consider tax deductions attributable to the income earned in the profit motivated activity. To be deductible the business expense must be reasonable and ordinary. Expenses that are...