The problem: You want to start saving for retirement but need to build up an emergency fund. The solution: Use a Roth IRA as an emergency fund instead of a regular bank account.
Savings bonds give you the option to pay taxes on the interest each year or when you cash the bond. So which should you choose?
If you’re able to pay the IRS in full now, you have several options available.
An offer in compromise allows you to pay less than the full amount that you owe in satisfaction of a tax debt. OICs are often marketed as settlements for “pennies on the dollar,” but there is actually a rigid set of rules that determine if you’re eligible and how much you need to pay.
The IRS is one of the most powerful creditors, but can it damage your credit score if you don’t pay? Here’s what you need to know.
“I’m doing X as a 1099 side job or Y freelance work, should I become a business?” The answer is that you already are a business. The real question is what formal steps you should take to save taxes and avoid liability.
Do you work for yourself and need health insurance? It may be easier than you think.
Do you want clients to feel safe sending information through your website? Do you want to boost your search rankings? If so, you need to get an HTTPS website as soon as possible.