Did you know that you could write off the following on your taxes?

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Which tax documents do you need to file this tax season? Here's the difference between 11 common tax forms, and when to fill out which.

Stumped by the paperwork and weird vocabulary of taxes? Don't worry! Our friend Nicole, a CPA, is here to teach you how to file your taxes without stress.

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Come with me on a journey where taxes no longer apply. Fifteen to twenty years ago I made it a mission to get people out of paying state taxes. Income taxes are the most obvious, but there are litanies of other taxes states levy against the people. Over the last few decades I estimate I cost the State of Wisconsin approximately $43 million in tax revenues. The richer you are the easier it is to avoid. First I will tell a true story before I move to a tax strategy many of you early retirees will find very interesting. Sometimes wealthy people wander into my office to pick my brain. This always amazes me because the pickings are rather slim at times. Still, it happens. On the particular day I have in mind one of the top people at a major financial firm stopped in. They were using a high powered firm in Chicago at the time so they thought an ‘ol farm boy from the sticks in Wisconsin could do better. And I did.

Find out if you need to send out 1099's and why. Get a full explanaition of form 1099 to make sure your business is successful.

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The last thing you want to do is wait until tax season rolls around and then find yourself scrambling to do your taxes on your own...

Taxes. You really can't avoid them. Browse Investopedia’s expert-written library to learn more about everything from tax terminology to laws and when taxes are applied.

Tax time is just a few months away and it helps to know the types of tax deductions that help people save some money. Be in the know come tax season.

Experts say that we MUST do our bookkeeping, understand the Profit and Loss Statement, tie out the Balance Sheet, calculate our Key Performance Indicators (KPIs), and use financial metrics to grow and manage our business. But no one takes the time to explain it, especially in a way that makes sense, that doesn’t take a college degree in finance, accounting, and tax to understand. I couldn’t agree more! And that is why it is my mission to do just that. To provide you with simple explanations and practical tools that will actually help you. Imagine if you could wake up each morning knowing that you have a financial plan in place no matter what happens, knowing that you are in control of your money for the first time in your life. What if… you could pay your taxes, hire employees, and

Nearly every small business dreams of one day opening a retail location. However, many owners don't realize the costs associated with this endeavor. From rent to inventory to staffing, there are several expenses you'll need to factor in when opening a retail store.Because owning a quilt shop and any other retail business can be very rewarding, but it can also be very challenging. Knowing these 3 things will give you essential information to help you piece together your financial freedom because

Have you heard of the IRS 1099 Form? It’s what you need to file to tell the IRS about the people you signed freelance contracts with. Read on to know more.

Every business owner feels stuck sometimes. Today we’re going to talk about the three stages of “business grief” and how you can use those steps to move forward and improve your business.Recognize That You’re StuckWe first go through what’s called the denial phase, where people ask how everything’s going and we say “oh, everything’s fine.”But in reality, you’re not fine. In the back of your head, you’re thinking about how much you’re spending, how much family time you’re missing out on, and how

An IRS offer in compromise can do wonders for you especially if you are struggling to make ends meet. Click here to learn more about it.

Many people don't realize how much they can save on taxes. This guide shows how to pay less taxes with 7 basic tax planning strategies.

The tax audit process begins with a taxpayer receiving one of the many types of IRS audit letters. Here's what each of them means.