I'm sure you can think of a time when you've accidentally dropped your phone and held your breath, hoping it wouldn't shatter into pieces. It's a feeling we've all experienced at some point, and it's enough to make you wonder: is phone insurance worth it? With our phones being ...
Using a Dependent Care Flexible Spending Account (FSA) The amount of money you can put into a dependent-care FSA is limited by the IRS. The American Rescue Plan Act increased the dependent-care FSA contribution maximum for 2021 to $10,500 for solo taxpayers and couples filing jointly (up f...
The annual expenses should be enough money for you to live without the need for budgeting or cutting coupons. Many people, no matter their net worth, still like cutting coupons and taking advantage of sales to save money. Mark Cuban’s net worth is $4.6 billion, but he still enjoys using...
Is an on-premise help desk worth it? If you’re looking for data security and have the resources to afford and maintain an in-house support desk server, it can be a great long-term option. If not, there are several alternatives such as cloud-based third-party providers and open-source...
Flexible Spending Accounts (FSAs): If you have a Flexible Spending Account as part of your health insurance coverage, you can use the funds allocated in the FSA to pay for eligible healthcare expenses for your dependents. Contributions to FSAs are usually made with pre-tax dollars, reducing yo...
Cafeteria plans, covered under section 125 of the Internal Revenue Code, allow employees to set aside pre-tax income for certain employer-offered benefits, such as adoption assistance, dependent care assistance, accident and health insurance, and group term life insurance policies. Employers c...
IRS Form 1040 is used to file your individual tax return each year. You may also need to file other types of 1040 forms depending on your sources of income and the deductions you're claiming, such as Schedule A or Schedule C. Prepare for the upcoming tax
Becauseyour contributions are made on a pretax basis, a healthcare FSA directly reduces your taxable income, as well as the payroll taxes you pay. When you have a high deductible medical plan at work, an HSA can be critical for filling in the expense gap that comes along with it. ...
MRR is dependent on the stability of the customers. If more customers slip away, your MRR will also start to decline. For any SaaS business, MRR is a backbone in terms of revenue source. Not only this, but it also indicates an organization’s viability....
The American Opportunity Tax Credit offers a unique opportunity to save on your taxes and reduce the cost of attending college. Qualifying individuals can receive up to $2,500 to help cover expenses like tuition, books, and supplies. To take advantage of