Do Your Own Taxes

I was recently emailing back-and-forth with one of my readers at MoneyNing. I was explaining how contributing to a 401(k) is a better option for most people. That’s because the entire contribution to a 401(k) is deducted at the participant’s marginal tax rate. Since the withdraws are typically done after retirement, they are taxed at […]

With as much as our lives have changed over the last year, it can be difficult to remember major obligations. But driver’s licenses need to be renewed, you could receive a summons for jury duty, and tax season still comes around. This can be a stressful time, and most earners may turn to tax prep […]

Normally, filing taxes is pretty uneventful for me on the freelancing side. That’s because I log my expenses as I go. So when it’s time to tell Uncle Sam how much I owe him, I’m prepared. I send my CPA a list of the business expenses I incurred, in several different categories. I also include […]

No one likes spending money to have their taxes done, but sometimes you can actually save money by hiring an accredited tax preparer. Your decision to do your own taxes or use an accredited tax preparer largely depends on your specific situation.