by Freedom Accounting | May 5, 2023 | Tax Tips
The tax deadline has come and gone – now what? It might feel easy to ignore the issue at first, but as time ticks on, you can only bury your head in the sand for so long. Taxes are a legal obligation, and therefore strict consequences await those who don’t file on...
by Freedom Accounting | Mar 21, 2023 | Tax Tips
Working from home quickly became the norm for many in 2020. In fact, many employees have continued to work remotely well into 2022 (and beyond). This change in lifestyle has required a lot of people to absorb the cost of doing business at home such as increased power...
by Freedom Accounting | Feb 13, 2023 | Tax Tips
We’re well into the New Year, which means new tax changes have been put into effect. Many of us felt some financial crunches in 2022 as the cost of living dragged the world up a steep incline, setting records for inflation that we haven’t seen in a generation!...
by Freedom Accounting | Jan 26, 2023 | Tax Tips
Tax season is very soon upon us! If you’re self employed, now is a great time to begin sorting out your receipts and calculating expenses to save Future You from the crunch of finding a tax specialist at the last minute later on. Since the usual April 30th tax...
by Freedom Accounting | Nov 15, 2022 | Budgeting, Finances, Tax Tips
When we decide to stop working and enjoy retirement, it’s important to rebalance our finances as well as our lives. During this transition, countless questions may come to mind ranging from the practical to the esoteric. “When can I stop filing my income tax?” is one...
by Freedom Accounting | May 2, 2022 | Tax Tips
Time slips away, deadlines pass, and you still haven’t filed your taxes. Maybe you’re even a few years behind. Whichever boat you’re in, there will always be that sinking feeling of tension anytime someone mentions the word “taxes,” until you finally get the task off...
