Due to the COVID-19 crisis, the IRS has given taxpayers extra time to make their 2020 quarterly estimated tax payments. The April 15, 2020 and June 15, 2020 tax payments are now both due July 15,
Saving for Retirement as an Entrepreneur
I once asked a group of local working moms, many who are self-employed, about their money and financial planning questions. The very first question was around saving for retirement: When I left my
All About Forms 1099-MISC and 1099-K
January 31 is the federal deadline for reporting nonemployee compensation (box 7) on Form 1099-MISC. Electronic payments made to businesses using a credit card, debit card, or a payment processor like
Taxes + Recovering from a Natural Disaster
I've never been personally affected by a natural disaster, so I can only imagine what survivors go through. Reading friends' Facebook updates on flooding are stressful enough. And while the
Can I Deduct My Coffee as a Business Expense?
Drinking a cafe miel (a latte with honey and cinnamon) at a local coffee shop has become one of my favorite things about working for myself. Sometimes I go there just to get
Where to Donate or Get Rid of Stuff
To follow up on my year end tax tip post, it only seems appropriate to share where you can donate unwanted items for one last itemized tax deduction. Charitable contributions, including the fair