Money Monday’s

Legitimizing your life!

Legitimizing your life!

If COVID-19 hasn’t taught you anything it should have taught you the importance of living a legitimate life and operating a legitimate business. If you were up to date on your taxes 9 times out of 10 you received your stimulus check without a hitch. Although it was...

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Small Businesses ONLY!

Small Businesses ONLY!

Yesterday I received an alarming response on my first blog post Legitimizing your Life. The bad news is that the SBA is no longer accepting applications for the grants that I received (as of TODAY). The good news is that I was on a zoom yesterday and they have created...

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Married Filing Jointly vs Married Filing Separate

Married Filing Jointly vs Married Filing Separate

Many newlyweds and seasoned couples ask what filing status should they file on there tax return. I often go through a series of questions to better understand there financial situation and future goals. For example a younger couple I may ask do you have student loan...

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2020 Optional Standard Mileage Rates

2020 Optional Standard Mileage Rates

Businesses generally can deduct the entire cost of operating a vehicle for business purposes. Alternatively, they can use the business standard mileage rate, subject to some exceptions. The deduction is calculated by multiplying the standard mileage rate by the number...

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