by Leif Jensen | Jul 21, 2025 | Taxes |
Tax prep software firms are celebrating the proposal in the House-passed bill: The end of IRS’s Direct File. This program, which IRS first piloted in 2024 and expanded this year, which allows eligible individuals to opt in, and with IRS’s help, to prepare and e-file...
by Leif Jensen | Jul 14, 2025 | Money Management |
Determine Your Capital Gain or Loss Capital Gain: The difference between the sale price of your asset and your “basis” (usually what you paid for it, plus commissions or fees) Capital Loss: If you sold the asset for less than your basis, you have a loss,...
by Leif Jensen | Jul 9, 2025 | General |
In recent years, Chinese state-sponsored hackers have emerged as one of the most significant security threats to the United States, particularly through their targeting of civilian infrastructure. This threat, which intensified during the Trump administration, has...
by Leif Jensen | Jul 7, 2025 | Rant |
I was talking to my youngest who has a very eclectic group of friends, who all seem to have the same unusual reading sources as my son. Recently one of these friends gave him a cryptic warning, No specifics per say, just a be very prepared for something major to occur...
by Leif Jensen | Jul 2, 2025 | General |
It seems that some people still don’t realize that you need to have reasonable compensation as a “S-Corp” owner. Definition and IRS Scrutiny S Corporation owners who actively work in their business are required by the IRS to pay themselves a...
