by Leif Jensen | Jul 17, 2024 | Money Management |
Here are some of the most lucrative side gigs that can generate significant extra income: Freelance Writing Freelance writing is in high demand and can be quite profitable, especially for those with expertise in specific industries. Content writers can earn around...
by Leif Jensen | Jul 15, 2024 | General, Taxes |
If you file your taxes late in the U.S., you may face two primary penalties: the late filing penalty and the late payment penalty. Late Filing Penalty – The penalty for not filing your tax return on time is 5% of the unpaid taxes for each month or part of a...
by Leif Jensen | Jul 10, 2024 | Rant |
Grifter schemes, also known as confidence scams or fraud, have been a persistent problem throughout history, evolving and adapting to exploit human vulnerabilities and changing societal conditions. These schemes typically involve deceiving victims into parting with...
by Leif Jensen | Jul 8, 2024 | Rant |
There is a lot of current talk in regards to implementing a”Wealth Tax”. Here are some the key pros and cons of implementing a wealth tax: Pros: Reduces wealth inequality: A wealth tax could help address the growing wealth gap by redistributing assets from...
by Leif Jensen | Jul 3, 2024 | Running a Business |
If you own and run an S-Corporation you are supposed to pay yourself a reasonable salary. Granted the IRS does not define reasonable salary, but there should be a salary. I work with a client whose son-in-law is retired an receives no Social Security, he had run his...
