How Business Owners Legally Pay Less in Taxes Using Everyday Write-Offs
Ever wonder how business owners legally pay less in taxes, while employees often get stuck with fewer or no deductions?
It’s not about cheating the system.
It’s about understanding how the system works.
The U.S. tax code i...
Imagine paying a tax that steals from you every single day… without your permission. No one asked for it, no one voted for it, and yet it’s costing Americans more than income tax itself. The truth is, we don’t even realize we’re already paying this hidden tax every single day.
That hidden tax is...
The IRS is laying off thousands of its workers. Over 11 percent of its entire workforce is gone, including nearly a third of their revenue agents.
These are the IRS employees tasked with auditing people like you and me.
And yes, this is happening after the agency received 80 billion dollars in ...
No Tax on Tips? Shocking New Trump Tax Bill Just Passed!
There's a big update from Washington today. The House of Representatives just stayed up all night and officially passed a major tax bill that includes some eye-catching changes.
One of the biggest headlines? The No Tax on Tips Act is movi...
Trump's BIGGEST Tax Cut Promises: No Taxes on Tips, Overtime, Social Security, But Who Pays the Price?
President Trump is promising the biggest tax cuts in American history.
You’ve already heard about the no tax on tips, no tax on overtime, no tax on Social Security, but there’s more.
He’s add...
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...
