Solutions to Make Better Decisions with Your Taxes and Money

It’s Taxable: Report Your Tip Money as Income

If you work at a job where you normally receive tips, you understand how that money can quickly become an important part of your income. However, according to the Internal Revenue Service (IRS), tip money is also taxable. For that reason, it’s important to know how the IRS expects you to report tip income, so […]

The keys to home ownership when you’re self-employed

People who choose to work for themselves tend to like a certain amount of independence. It takes a lot of gumption to cut ties with the traditional 9-5, and the kind of person willing to take that leap is usually in search of an independent lifestyle. But, it’s hard to be truly independent when you’re chained to […]

Back to school: a tax break for teachers

Teachers are always on the hunt for creative ways to enhance their students’ learning experience. Unfortunately, tight school budgets stifle many of those efforts, and educators are often forced to dive into their own pockets to purchase materials. In fact, the recent average out-of-pocket spend for school teachers is around $500 with some reporting yearly totals in the […]