Simple Fiscal
Helping Small Businesses Scale
Taxes are a part of life that many people would like to avoid. However, individual taxes in the United States affect all citizens and their individual situations. Certain individual taxes can be lowered by taking advantage of certain credits and deductions, while others cannot be changed at all. This blog post will break down 10 …
Debt is scary, I should know. I woke up on January 1, 2020, to $33,000 worth of medical, personal, and credit card debt. For some people, debt is the bane of their existence. For whatever reason, it keeps coming back and never seems to go away. It holds them back from achieving their financial goals …
I didn’t think the option was possible. In early 2020, I did some quick math in my head and thought there was no way I could afford to buy a home. Instead, I’d be left paying $2,100 in rent for the rest of my life. However, that mindset was quickly shattered as I dug deeper …
It seemed almost too good to be true. After all, Uncle Sam is supposed to know everything and everything about your business finances, how could he let an opportunity to pinch a little extra pass by. I called up my accountant friend, Alex. “Alex, how much is my credit card rewards points taxed?” “They aren’t.” …
Have you ever thought about what your life would be like if you could finally create a personal budget? No more stress wondering if you have enough in the bank to cover rent. No more inaccurate guestimations at the check-out line. No more wondering where your money keeps going month after month. In essence, the …
Expect the unexpected. That might be from a car commercial, it might also be the single most important piece of advice you can drill into the malleable minds of a young adult, fresh off the adolescent conveyor belt. Without getting too sciencey on you, the Universe is hellbent on causing as much chaos as possible. …
To many, budgeting is a tedious task of number crunching and filling out spreadsheets. To some, it brings about a sense of existential dread and the sad realization that money never seems to stick around for long. But budgeting, when you think about it, is nothing more than personal accounting. And accounting is derived from …
It was my first day of self-employment, I had just walked away from my corporate job a mere hours earlier and found myself on a video call with a potential client who needed a new website. I pitched them my ideas, we discussed deliverables, and settled on a timeline. Then came the question: How much do …
I have this habit of texting my accountant friend Alex anytime — and I mean anytime — I stumble across a money thing I don’t quite understand. Being that he’s an accountant and a money nerd and my friend, Alex is prompt and knowledgeable in his response (which is my nice way of saying brevity isn’t one of his …
There’s no lonelier feeling than telling your friends and family that you aren’t “going back to your desk job” because you’ve decided to go forward with your entrepreneurial plans. “But what about a steady paycheck?” “How will you pay for health insurance?” “Are you sure?” Sure, they were all for you chasing your dream and …
