Tax Laws

Did you know that there are several categories of income are not taxable in the eyes of the IRS? 

A lot of small businesses hire independent contractors to do projects that don't require a regular full or part time employee. Part of that process can be have that person fill out a W-9 form so that you have the proper information to give them a 1099-NEC form the next January showing how much you paid them.

It's the season for tornadoes, hurricanes, flooding and devastating winds.  So, I thought it would be a good time to review the rules for taking money out of your retirement accounts to get you through the storms. 

Many provisions in the 2017 tax law are slated to expire after 2025. Donald Trump wants the 2017 law made permanent.

Kamala Harris is sticking with this pledge:

Crowdfunding has become a very popular way for individuals to raise capital. It typically involves funding a project or venture by raising contributions from a large number of people, typically through online crowdfunding sites. Crowdfunding campaigns fund a broad range of projects, from producing a product or new technology to supporting a charitable cause.  Those supporting a product using can buy the product at a reduced price.