Congress passed the CARES Act to mitigate the negative economic impact brought by the coronavirus pandemic. The most publicized part for individuals is the economic impact payment of $1,200 per adult ...
Best Business Checking Account For Self-Employment
When you are self-employed, it's often recommended that you use a separate checking account for the business, to make a clean separation between the business and personal income and expenses. It's ...
From Two Jobs to One, a Second Childhood Begins
I had two jobs in the last 11 years: one full-time job at my employer and one part-time job in writing this blog, and more recently, helping people find Advice-Only financial advisors. As of yesterday ...
ACA Self-Employed Health Insurance In H&R Block Software
Last time when I looked at how different tax software handled the circular calculation of the ACA tax credit and theself-employed health insurance tax deduction, H&R Block software failed at the ...
Tax Filing For Self-Employed Health Insurance Through ACA
This post is brought to you by TurboTax. While this post was sponsored by TurboTax, all content and opinions expressed here are strictly my own. When you are self-employed, unless you still get ...
Executing Mega Backdoor Roth In Solo 401k
At the end of 2014, I amended and restated my solo 401k plan from a prototype plan sponsored by Fidelity to a prototype plan sponsored by Ascensus. I did that in order to enable non-Roth after-tax ...