Deductions

claim eic

How To Qualify for the Earned Income Credit – The Easy Version

OK. Let me start by saying that if your adjusted gross income is going to end up in the six figures, you’re out. Go read this article about investing with Acorns, or this one about Credit Karma reviews, or this one about maximizing cash back with Rakuten. Also, there are some “special situations” that we …

How To Qualify for the Earned Income Credit – The Easy Version Read More »

small business section 179

2021 Section 179 Deduction Limits for Small Businesses Taxes

Small business tax deductions are important in order to offset high business taxes levied against small business owners and entrepreneurs. This is especially true for work from home entrepreneurs who file as sole proprietors, or as a Limited Liability Company aka LLC, with sole proprietor tax status. Small business owners can get hit with high …

2021 Section 179 Deduction Limits for Small Businesses Taxes Read More »