Have you filed your taxes yet? Did you forgot to include a W2 or a 1099? Are you wondering, Will The IRS Catch A Missing W2 or 1099? In this blog post, we’ll discuss how to handle your taxes if you forget to include a W2 or a 1099. So without further ado, let’s get…
Is It Illegal to Burn Money?
A single US mint can produce as many as 13.5 billion coins annually. Keep in mind that there are four such mints in the United States. That means the government could create as many as 54 billion new coins in only 365 days. It seems like we can afford to destroy a few of them! Every American has had the itch to burn, cut,…
Auto Financing: Can You Get a Car Loan Without a Job?
The unemployment rate in America is 3.6%, meaning that around 6 million Americans do not have jobs. The rush to reemploy after the pandemic faces many challenges like transportation, where to return to work, these 6 million Americans must seek auto financing. Now more than ever unemployed and self employed people need to know how to secure a…
Can You Get a Car Loan While Self-Employed?
Around 16 million workers identify as self-employed here in the United States. Ever since the start of the COVID-19 pandemic, people have been experiencing the unique and wonderful world of remote working. From flexible working hours to being your own boss, there are many benefits to identifying as self-employed. However, there are also many difficulties, such as…
What’s the Gift Tax Limit in 2022?
Who doesn’t dream of waking up to an extra $20,000 in their bank account from a wealthy long-lost relative or an affluent new friend? I would be lying if I said I didn’t! But frivolously giving away cash isn’t all that it’s cracked up to be, and that’s because of the gift tax. Am I saying that…
Why H&R Block Charges So Much? (Top 8 Reasons)
Did you know the average cost to file taxes in 2020 was $220 to $323? The cost depends on if you itemize deductions, but a lot more goes into calculating the price of tax preparation services. H&R Block is one of the more expensive options, so you should consider why that is. Then, you can determine…
Why Are Taxes So High in the US?
When tax season comes around and you have to pay your taxes, it’s easy to feel frustrated and annoyed. It seems like so much of the money you earned goes back to the government to pay taxes. But why are taxes so high in the US? With the ability to tax, the government can have greater…
How to Buy a Car Under Your Small Business Name?
With more than 32 million small businesses in the United States, undoubtedly, some need a car to operate. But how does auto financing work when purchasing a car for your small business? Can you use your business’s name on the loan? The answer is yes! And we will walk you through how to use your company to buy a vehicle. So…
Benefits of Buying a High-Profile Vehicle for Your Business
In 2016, almost 12.5 million large commercial trucks and buses were registered. Within the same timeframe, these heavy-duty vehicles logged over 300 billion vehicle miles combined. When you’re in the market for a new business vehicle, company decision-makers are often faced with a common problem: There are a lot of commercial vehicles out there to choose from. Depending on your…
Can You Have Multiple Car Loans?
Data shows that in 2021, the average car cost more than $42,000 and came with an average payment of $563 a month. But, of course, this doesn’t include expenses like gas, car insurance, and maintenance. While having a car is a significant expense for many, only second to housing, is it possible to have multiple car loans?…