“Earned Income Tax Credit” Is Just Too Hard To Figure Out
Monday, April 05
As smart as most of us here in BiggerPockets are…”Earned Income Tax Credit” is so complicated that many tax filers miss out for lack of studying it. I have to apologize for the sheer volume of tax-centric writing I've been doing the last few weeks and months. Normally, I like to write on other t...
Every Business Has Its Necessary Expenses…But Not Necessary Costs
Monday, April 05
Let’s take a look at those expenses, one at a time and see if there are ways to bring the costs down on many fronts. So ... I'm not sure if you knew this. Apparently, running a business is expensive. And controlling costs can be daunting. But despite whatever you might see from those gurus who a...
The IRS Has You In Their Sights If You Missed Paying Your Taxes
Thursday, April 01
Sometimes (rarely) a BiggerPockets taxpayer has a good excuse for not paying past taxes. Usually you will be expected to catch-up and be nailed with penalties. Every year, the IRS charges tax debtors a boat load of penalties. To put this in perspective, the IRS budget for 2021 is about $12 billi...
A New Wave of FED Loans Are Available In 2021
Tuesday, March 30
You are familiar with “time is of the essence?” Well, now is the time for BiggerPockets investor to apply for cheap money. Tax filing deadline of April 15th is extended to May 17th. With all the floods, fires, hurricanes, and other events that happened in 2019, it turned out to have been a very ...
Healthcare changes for 2021 and the new Administration
Tuesday, March 30
BiggerPockets members are at the stage of life where healthcare is a priority for families. Biggest News is IRS extended the tax filing deadline from April 15th. to May 17th. Last week marked the one-year anniversary of the CARES Act (stimulus round 1). This was such a monstrous piece of legislat...
Did We Learn Anything About Business In The Last Year?
Monday, March 22
BiggerPockets members are smarter than average. So, what did we learn in this last year? The return of March Madness this past week was a big reminder of everything that has happened in just one year. In my opinion, it was the canceling of this event in 2020 that made the entire nation sit up and...