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Solopreneurs & Hustlers: 3 Reasons You Should Be Paying Someone to Do Your Taxes!
Key Takeaways Self-Employment Taxes are complex! As a solopreneur, or hustler responsible for figuring them out, you’re likely facing a double tax burden. A qualified tax professional exists specifically to know what you don’t, and that investment could save you far more than it costs. The right tax expert is worth seeking out! Not all…
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Your Taxes: Quick Math! How Much Might You Owe this Year?
Key Takeaways Start with what you know. Look at last year’s tax situation as your guide—if not much has changed in your life, you can expect similar results. This simple step can ease anxiety and help you feel more prepared as tax season approaches. Understanding your tax bracket empowers you. By calculating your taxable income,…
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Open Enrollment is Here: A Few Health Insurance Considerations Beyond Price!
Key Takeaways Take care of your financial-self by looking at the whole picture. When choosing health insurance, be aware of all the costs—not just the monthly premium. Hardship exemptions through the Marketplace are available. Don’t leave self-care benefits on the table. If you have employer insurance, explore all of the additional benefits you might not…
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Prepping Your Taxes: Are You Ready?!
It’s that time of year again..you may have seen your W-2 in the mail recently (it and 1099’s were due to you by Jan 31!) signaling that the countdown to file tax year 2024 has begun! It’s tricky, we file in 2025, but all of the information you are responsible for gathering took place in 2024.…
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Making Life Easier to Pay For in 2025: What You Can Do Now to Set Yourself Up!
As we’re nearing the end of the year, let’s take a look at how you can strategize your Savings this final quarter in order to to make life easier in 2025! Read below for some advice developing your new Savings Plan, and by putting in the work little by little, until year end, optimize for…
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Property Taxes: An Updated WA State Law Provides Relief for Certain Low-income Homeowners! And, How Everyone Might Have a Shot at Lowering Theirs!
Let’s talk Property Taxes! If you are a homeowner, you are no doubt familiar with that line-item on your mortgage statement, sometimes designated “Tax-County”, which always seems to fluctuate each year. It can fluctuate by a lot, actually, if you live in a county experiencing tremendous growth, like us here in King County, Washington State,…
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How Can I Maximize My Tax Refund? Reducing Debt vs. Investing vs. Boosting Savings!
The average tax refund this year was over $3k, and that has increased from last year! That is some impactful money! What did you, or will you do, with yours? If you are interested in making the greatest impact, read below for a few guidelines around whether to pay off debt, invest, or put your…
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Filing Your Taxes: A Couple New Options Just for Washingtonians!
Tax day is right around the corner! Read below for some important reminders on due dates and avoiding penalties, as well as an introduction to a new FREE filing option this year—Direct File! We’ll also touch on the Working Families Tax Credit, another option for families in Washingtonian State to get more money at tax…
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Using Spring Energy to Get Going! Which Motivation Type Are You?
Spring is here! This is the time of year we can really draw from that new-growth energy in order to get a little extra motivation on our money-moves and meeting our goals! We often read about “Spring Cleaning”, right? Clearing out the clutter at home, getting our “financial house” in order, maybe, money-wise. This Spring,…
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It’s Tax Time: How Can I Owe Less?
Last week we went over your Tax Filing Checklist in order to get organized for filing this year, but some people might also want to know..how can I lower my taxes? Read below for a few, and perhaps, lesser-known ways to lower your tax liability! As always, not tax advice—just some friendly financial literacy! If…
