Are you leaving money on the table with your retirement savings? 2025 brings new contribution limits and chances to maximize retirement savings. You can now put up to $23,500 into your 401(k). If you're 60 to 63, you can also make "super catch-up contributions." These changes could be huge for your retirement plans. Don't miss…
A well-defined mileage reimbursement policy is essential for any business that relies on employees using their personal vehicles for work purposes. Whether employees are visiting clients, attending conferences, or running errands for the company, reimbursing them fairly for business mileage is both an ethical and financial priority.A clear policy not only fosters employee satisfaction but…
Last updated: January 15, 2025 A printable mileage log is essential for anyone who drives for business. Self-employed people, real estate agents, and gig workers can make great use of accurate mileage records. They are key to maximizing tax deductions, claiming reimbursements, and keeping track of your expenses. Many people search for a mileage log template…
Filing taxes can be tough, even for those who get a 1099 form. In 2024, knowing the 1099 tax deductions list is key to saving on taxes. This guide will help you understand the important tax deductions you can claim.Level Up Your Mileage TrackingMileageWise: Tracks trips automatically via vehicle movement, Bluetooth, and Plug'N'Go without draining your battery.AI-Powered Mileage Recovery: The…
Many freelancers, independent contractors, and small business owners receive income reported on a 1099 form. While this offers flexibility and autonomy, it also comes with tax responsibilities that can feel overwhelming. Understanding how to reduce 1099 taxes is crucial for maximizing your income and ensuring compliance. In this article, we will explore effective strategies to…