Tips to Reduce Self-Employment Taxes

Tips to Reduce Self-Employment Taxes

Tips to Reduce Self-Employment Taxes Self-employed individuals need to pay self-employment taxes on the top of income tax. It might seem a bit harsh on some individuals. The self-employment taxes help federal programs such as social security and Medicare. So here are...
Child and Dependent Care Expenses

Child and Dependent Care Expenses

Child and Dependent Care Expenses Paying for day care expenses slowly and steadily becomes a large chunk of the household income. But there is very little that working parents can do about the same. The IRS understands your pain and that is the reason they let you...
Details about Capital Gains

Details about Capital Gains

Details about Capital Gains Who wouldn’t like to see their assets growing on a regular basis? As much as we enjoy seeing our assets swell up, there is a different side to it that we must deal with, capital gains. A capital gain is a type of tax than an investor has to...