Passive income. This is not exaggerating to say that it’s the best type of income. is income that you can earn without much effort. You’ll have more time to do other things, or enjoy your life. Jeff Rose, a proponent of passive income wrote an article outlining 28 different ways to achieve it. Passive income is taxed in the […]
Distinguishing Between SEP IRA and Roth IRA: Understanding the Contrasts
Individual retirement accounts, or IRAs for short, come in many different varieties. The SEP-IRA, and Roth IRA are two options. What are they? Can you have either one or both? – or even both? A reader actually submitted this question. I have a question regarding the SEP & Roth IRA. If my employer does not offer any retirement benefits. However, I […]
Top Tax Software Programs for 2023
Tax season is back. It’s time to look closely at the top tax software. There are many options available. The main thing is to choose the best software for your situation, and your budget. We have compiled a list of 15 best tax software packages, based on their capabilities, price, ease of use, and many other factors. Based […]
Top 8 Tax Relief Companies for 2023
These companies offer valuable services to consumers who are having trouble with their state or federal tax authorities. These companies can help you determine your best course of action, including what programs you are eligible for to reduce your taxes and penalties. We compared the services of dozens of companies that offer tax relief to create this […]
Three Easy Methods for Self-Filing Your Taxes
You should have a guide handy if you plan to do your own taxes. Federal income tax is a complex subject, and it’s best to use reputable sources to make sure your taxes are done correctly. You could be subject to heavy fines and lose out on the maximum return. You can avoid these situations […]
Managing Taxes in the World of Cryptocurrency
Cryptocurrency was first introduced to the world about a decade ago. It had a few attractive qualities that attracted a limited number of people. The first thing to note is that the currency is decentralized. It is not controlled by the central bank and it’s not issued or controlled by a bank like fiat currencies such […]