What is an IRS 1099 Form?
The IRS uses a 1099 form to document income received by taxpayers from sources other than their employers. If you work as a freelancer, investor, or independent contractor, you should be familiar with the IRS 1099 form. This article will teach us more about the IRS 1099 form, including the various types and essential deadlines. […]
2025 Tax Deadlines You Need to Know
All taxpayers must meet the deadlines established by the authorities to remain compliant with tax regulations unless an extension is granted. Failure to meet tax deadlines will result in penalties, interest, and legal issues. Here are the important 2025 tax deadlines that you should be aware of to maintain compliance. Key 2025 Tax Deadlines […]
Our Guide To Health Savings Accounts (HSA)
Medical bills are among the largest and most unpredictable expenses, making savings accounts related to healthcare a critical component of a financial plan. The government has programs in place that allow us to save money for medical expenses through Health Savings Accounts, or HSAs. So, what exactly is HSA? This article will go into greater […]
Saving For College: Important 529 Plan Deadline
College is one of the most costly endeavors for many Americans. In 2024, an in-state student’s average cost of attending a four-year college was $27,146 per academic year. A private, non-profit university costs an average of $58,628 per academic year. With rising college costs, many people are saving for college with accounts, such as 529 plans, to […]
What is a Financial Plan? Definition & Benefits
Everyone has future goals, and achieving these objectives requires capital. In other words, you need funds to help you get to the future you want. Financial planning lets you clearly understand your financial position and set attainable goals. This article will dive into the question, “What is a financial plan?” and provide useful tips on […]