Today, we're talking about something that could save your side hustle from becoming a tax headache. Did you know that side hustlers added a massive $1.4 trillion to the US economy last year? That’s trillion with a T! But here’s the thing—along with that success comes some serious tax responsibili...
Illinois Is Running Out of Money—Fast
I live in Illinois, and I've lived here most of my life. I love it here. It’s got that Midwestern charm, lovely people, great schools, beautiful Lake Michigan, and an incredible downtown Chicago. There’s so much to do in and around the Chicagoland area.
But...
What if I told you that America, the land of the free and the home of the brave, is not just struggling but might actually be unraveling? The country that was once a powerhouse of innovation and leadership is now showing signs of a steady decline.
You don’t have to be a history buff to see the w...
Today, I want to share a dirty little secret with you.
It’s about the tax preparation industry, and it’s something that could directly impact your private personal information.
Last year, I met Sarah, a single mother. She handed over her tax documents to a tax company she thought she could trus...
The IRS Is Changing 1099K Reporting: Here’s What You Need to Know
If you’re a freelancer, small business owner, side hustler, or even just someone who makes online transactions, the IRS has new tax rules that you need to be aware of. These aren’t just small tweaks—they’re big changes that could ...
Imagine earning billions of dollars annually and paying zero dollars in federal taxes. Sounds unbelievable, right? But for Tesla, the electric vehicle powerhouse led by Elon Musk, it's a reality.
While hardworking families get their taxes deducted every paycheck, some of the wealthiest companies...
Imagine a world where your paycheck arrives without income tax deductions. Sounds great, right? Well, that’s exactly what President Donald Trump is proposing—eliminating the federal income tax and funding the government primarily through tariffs. While it might sound appealing at first, there are...
In just a few weeks into 2025, a whirlwind of economic decisions by President Trump has everyone asking: Could these bold moves lead us to economic disaster, or are they the tough choices needed to steer America back on track?
From incentives encouraging federal workers to resign—impacting even ...
As we step into 2025, it’s evident that the global economy is at a critical juncture. From mounting global debt to inflationary pressures and the rapid evolution of AI, the challenges we face are profound—and they matter to everyone. Let’s break down some of these pressing issues and explore thei...
How to Secure Your IRS Tax Account and Protect Yourself from Identity Theft
Your personal information has likely been exposed to one of the largest data breaches in history. Even if you've been careful, a massive hack at National Public Data has compromised the personal details of millions of Am...
Have you ever wondered how much you can really trust the numbers reported by the government? From jobs to inflation, these statistics shape our understanding of the economy—but what if they're not as reliable as we think?
Between April 2023 and March 2024, the U.S. government quietly revised job...
Imagine waking up one morning to find your entire financial history—years of bookkeeping and tax data—vanished.
That’s the nightmare 35,000 businesses faced on December 27, 2024, when Bench Accounting, once a leader in the bookkeeping industry, abruptly shut down its platform. There was no warni...
