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...

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...

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...

Every year, millions of Americans file their tax returns, paying their fair share to the IRS. But did you know there's a growing movement of people who believe you don't actually have to pay income taxes? They claim there’s a legal way to avoid it, pointing to specific laws, definitions, and even...

Could the 2024 presidential election completely wreck your taxes? The stakes couldn't be higher, and the consequences could be even bigger. Whether you're rooting for Kamala Harris or Donald Trump, their tax plans are set to make waves that could seriously shake up your finances. We're talking ab...

Summer Tax Hacks: How Parents Can Save Big on Summer Camp Expenses

Summer is here, and if you have kids, they’re probably enrolled in summer camp. Did you know that these expenses may be deductible on your taxes? Today, I’ve got a hot tip that might just make your summer a little cooler, especia...

If you're using payment apps like PayPal, Venmo, or Cash App, you need to pay close attention.

As you probably know, the IRS has made some major changes to the new 1099K reporting rules, and it could have serious implications for you as far as IRS tax reporting goes.

But don't worry, I've got y...

Introduction: Is Your Tax Information Being Outsourced Overseas?

Is the accountant shortage in the U.S. real, or is it just an excuse to outsource American jobs to other countries like India or the Philippines?

Amid the ongoing accountant shortage in the USA, more tax firms are turning to outso...

Tax season just ended and one of the number one questions that I've been getting is with people who end up owing the IRS when they get the results of their tax return back.

And the reason they owe is because they haven't withheld enough Federal withholding taxes from their employer. In other wor...

Here's how you can legally pay zero or no taxes on your side hustle income.

Now, I know what you might be thinking – the idea of paying little to no taxes on your side business income might seem too good to be true. But stick with me!

We will explore some completely legal and smart strategies t...