Self-Employment can be complicated! One of the best things you can do for yourself, if you have any sort of side gigs, blogging for money – any type of self-employment income, is to formalize the relationship of your work, by choosing your entity type. As an individual, you can easily file a Schedule C, using your regular 1099 income, deducting the direct expenses, and being done with it. If, however, you want a better tax environment, you might want to […]
I took that big step, and now I’m joining the unemployed. Not that that’s a bad thing, but I am not entirely sure whether it’s a great thing yet. I don’t think we’ll starve. First of all, neither of us is underweight. Secondly, we have quite a bit of reserve in the bank – else I’d never have taken this step. Still, it’s scary. REALLY scary. Because, despite the fact I’ve not used my health insurance in so long I […]
If you are new to this blog, you aren’t alone. I am too! Although I have several other blogs that I write for and administer, both by myself and with my husband, I am really late to the party with a personal finance blog. That may seem a bit strange, since I am a licensed Certified Public Accountant. It seems like finance and budgeting would be native language to me. And they are. So, why didn’t I start a personal […]