This year I decided to educate myself on all things taxes and break it down into easy manageable steps. Since I believe in sharing the wealth, I’ve compiled my learnings into a tax guide so you can get your taxes done like a boss and get back to your birthright of Netflixing. Read More
So, you pay taxes, right? And so do all your friends and family? Well, have you ever wondered why corporations don’t pay taxes? Or just curious about how big corporations handle their finances?So, keep reading to find out more! Read More
There's no perfect way to give your wrinkled-self some love, but we can definitely learn about what options we have. I've said it before and I'll say it again:
The best thing you can do is !!! start !!! Let's start by talking about IRA Read More
We get it. Taxes suck. This 4 Part Guide to Tax Filing will bring some relief. Read More
After getting overwhelmed by taxes, I pulled out one of the business cards and proceeded to hire an accountant. In addition to teaching me important lessons about humility, vulnerability, and asking for help, here are three of the many reasons this was a smart decision for me and my business. Read More
You don’t have to be rich to be generous, but when you do give to others, you can simultaneously put a little money back in your own pocket. That’s right, we’re talking about making those donations and charitable gifts count at tax time.
So how do you know what you can deduct and where to put those contributions on your tax return? We’re here to help you Nav.it like a pro. Follow these steps and you’ll ensure that your donations help others—and your bottom line—this year. Read More
If you are under 65 and earn $10,400 or more per year, you must file by April 15. And some of you might be thinking, it’s too soon. Well, the IRS started processing tax returns on January 27, 2020, so you can have your fat refund as soon as you get to work on filing those taxes. Read More
As the tax deadline quickly approaches, many wonder if the $3200 of stimulus money and unemployment will affect their taxes. After extensive research, here is what we know so far. Read More
Did you know that paying income tax can actually make you feel...happier? Sounds weird, right? Well, there’s actually a pretty cool explanation for this phenomenon -- keep reading to learn more about paying income taxes and how Nav.it can support you (financially and emotionally) through this stressful time. Read More
To summarize, an overall strategy can help you avoid these pitfalls. Be in the best financial position possible or any life or economic circumstance with these 4 steps:
1) Install or maintain a financial safety net for life’s biggest financial risks, to include (but not limited to) disability, death, divorce, unemployment, or lawsuit.
2) Save/invest 15-20% of your annual before tax income.
3) Reduce taxes and debt.
4) Spend the rest without shame or guilt. Read More