Investing
Capital gains taxes explained
562% gained using investing basics
Here is the matrix book up to 2021. Matrix-Book-2021
Read MoreCompound Interest Explained
Compound interest is the magical phenomenon that grows your money exponentially. It can be more powerful than a passive income stream or even your paycheck. It’s probably the greatest path to wealth building that has ever existed. Let’s get you up to speed on compound interest so you can clear the way to becoming rich.…
Read MoreHow to hire your child [Tax Deduction]
IRS Family Help page The SBA website, “5 reasons to hire your child.” FLSA Child labor Rules Rules for working under 14 Child labor exemptions from The US Department of Labor How and where to apply for your businesses EIN on the IRS website. The 17 Hazardous Occupations by…
Read MoreNet Income Attributable Calculation
The net income attributable calculation can help you fix and avoid the 6% Roth IRA excess contribution penalty. You have until the October 15th tax filing deadline, regardless if you filed an extension or not. In fact, if you realized you overcontributed after you filed your taxes but it’s still before the October 15th tax…
Read MoreWhy Annuities?
I don’t own an annuity and probably never will. But I still recommend them from time to time. You might be wondering how on earth can someone recommend a product or service they openly admit they won’t ever use themselves. Let’s start with the statement we hear most often about annuities, “They are not good…
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