Discover how S-Corp status can help 1099 contractors save on payroll taxes while balancing trade-offs like retirement contributions, QBI deductions, and additional costs.
Discover how the pro-rata rule can impact your Backdoor Roth IRA conversion and your tax liability. High-income earners often use the Backdoor Roth IRA to bypass income limits, but understanding the pro-rata rule is crucial for minimizing taxes. Learn how this rule works, its implications, and strategies to avoid unnecessary tax burdens.
Choosing malpractice insurance as an independent contractor can be tricky. This guide simplifies key options like claims-made vs. occurrence-based policies and highlights important features like tail coverage and consent-to-settle clauses, helping you make informed decisions to protect your career.
Learn how the 8th Circuit Court's stay on the SAVE program affects your student loans and the potential impact on PSLF and IDR forgiveness. Discover alternative repayment options and expert advice to navigate this uncertain time effectively.
Discover the key to financial success through personalized asset allocation, as we debunk one-size-fits-all strategies and reveal how aligning investments with specific goals can optimize your path to wealth