Do you need to make Quarterly Estimated Tax Payments?

Do you need to make Quarterly Estimated Tax Payments? Here’s the What, Who, When, Why and How What is Estimated Tax? It’s the method used to pay tax on income that is not subject to withholding. W-2 income has taxes withheld. On the other hand, 1099 income typically has no tax withholding. Neither does rental income, […]

Pre-tax dollars and After-tax dollars. Which is better?

Ultimately, there are two kinds of dollars in this world. Pre-tax dollars, and after-tax dollars. Pre-tax dollars are great. And after-tax dollars aren’t bad. But they’re not as good as pre-tax  dollars. In fact, you lose every time you spend after-tax dollars . . . that could have been pre-tax dollars. (Huh? What?…) Let’s take a […]