How Are Gig Workers Taxed?

How Are Gig Workers Taxed?

You may assume that gig work allows you to sidestep paying taxes on the income you earn. However, this is a widespread misunderstanding. Whether you’re driving for a ride-sharing platform or renting out your property as a short-term rental, these roles may not provide...
7 Reasons Why Filing Your Taxes Early Is A Smart Move

7 Reasons Why Filing Your Taxes Early Is A Smart Move

Filing your taxes might not be the most exciting task on your to-do list, but waiting until the last minute can turn a simple chore into a full-blown headache. It’s easy to tell yourself, “I’ll file as soon as my W-2 comes in,” but let’s be honest—life happens....
Top 10 Consequences Of Unresolved Tax Debt

Top 10 Consequences Of Unresolved Tax Debt

Let’s be honest—owing the IRS is stressful, and it’s no surprise that many people avoid addressing it. Often, it’s fear of the unknown that holds people back. The truth is, ignoring your tax debt doesn’t make it go away; it only makes things worse. You might think,...
5 Costly Mistakes To Avoid If You Owe The IRS

5 Costly Mistakes To Avoid If You Owe The IRS

Nobody likes owing money, especially to the IRS. But sometimes, tax season doesn’t go as planned, and you end up with a tax bill. While it may be tempting to ignore the debt or delay dealing with it, that’s one of the worst things you can do. The IRS has a long...
Understanding Michigan Property Taxes: What You Need To Know

Understanding Michigan Property Taxes: What You Need To Know

Michigan property taxes play a significant role in determining the overall cost of owning property in the state. Whether you’re a current homeowner or considering purchasing real estate, understanding how property taxes work is crucial for financial planning. In...
Is It Possible To Buy A House While You Have IRS Tax Debt?

Is It Possible To Buy A House While You Have IRS Tax Debt?

When you’re looking to purchase a home, several financial aspects will influence your decision, with one critical factor being whether you have outstanding taxes. The short answer is: “it depends.” The situation can become complicated, so consulting...