Taxable Income

How Your Year-End Bonus Is Taxed

If you work as an employee, you’re probably used to having income tax withheld from your paycheck. When you get a bonus, however, there may be more confusion about how it’s taxed and what will be left.

Here are the most important things t…

Reduce Your Taxable Income With a 401(k)

With tax season coming soon, you may wonder how you can reduce your taxable income. One smart place to start looking is your 401(k) plan.

The 401(k) plan was passed by Congress in 1986 to help employees save money for retirem…

How Tax Reform Changed Deducting Unreimbursed Job Expenses

If you typically deduct unreimbursed job expenses as an employee, get prepared for a change this tax season. All unreimbursed job expenses for traditional employees are no longer tax deductible. Here’s a breakdown of how that tax reform chan…

5 Tax Tips for a Self-Publishing Author

Updated for tax year 2017.If you have a story, inspiration, or anything else you want to tell the world, there’s never been a better time to do it. You can self-publish in hard copies or with Kindle and other ebooks and get paid for your work. The trad…