Cade Hildreth

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Working from Home: The Secrets Of Claiming A Home Office Deduction

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Nearly 70% of all small businesses in the U.S. start at home, which is why it is valuable to understand the nuances of claiming a home office deduction.

This is due to obvious reasons (renting office space isn’t cheap), but working from home is a lot more financially advantageous than most people realize. The IRS has rules that allow business owners to write off rent, utilities, equipment, renovations, real estate taxes, and more. In many cases, these tax rules can bag you $1,000 or more come tax time.

The average person can take off a lot of their everyday expenses and alleviate some of the stress that comes with entrepreneurship. You can even have your home office in a separate space from your actual home. How much you can get off your home office deduction will depend on meeting certain requirements and keeping proper documentation. [Read more…] about Working from Home: The Secrets Of Claiming A Home Office Deduction

Book Review of Rich Dad Poor Dad by Robert Kiyosaki

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This article is a review of Rich Dad Poor Dad, a best-selling book written by Robert Kiyosaki — a self-made businessman, author, investor, and speaker.

The author’s success, achievements, and popularity weren’t as easy as you would think. He jumped from one job offer to the other for many years until the late 90’s when he finally came to the limelight after publishing Rich Dad Poor Dad in 1997.

Since that time, the book has climbed to the top of the charts, achieving the lofty position as the #1 selling personal finance book of all-time. [Read more…] about Book Review of Rich Dad Poor Dad by Robert Kiyosaki

10 Terrific Tips for Developing Your Personal Brand in 2019

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In a world where the power of branding dominate the landscape, we’ve all become aware of the importance of developing a personal brand. With the rise of entrepreneurial figures like Gary Vaynerchuk, it is clear we are living in a new era.

A personal brand is the way that you display yourself to the outside world. Whether you are looking to positively impact the world, attract a following on social media, or improve your chance of landing a big job, creating a cohesive personal brand will help significantly.

With huge numbers of people now tuning in to social media platforms such as Facebook, Instagram, and Snapchat on a daily basis, there is ample opportunity to create a following around yourself and your interests. [Read more…] about 10 Terrific Tips for Developing Your Personal Brand in 2019

Paying off Student Loans Quickly: 9 Tips You Need to Know

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Taking out student loans to make it through your advanced education courses can be a necessary evil for many of us these days. You may feel like you will never get ahead of your loans, but fortunately, with a little financial savvy you can get out from under its thumb sooner than you think.

Paying off student loans doesn’t have to take 20 years. Take charge of your debt and pay it off quickly with these 9 tips you need to know. [Read more…] about Paying off Student Loans Quickly: 9 Tips You Need to Know

What Is the Best Way to Organize Receipts for Taxes as a Freelancer?

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What’s the best way to organize your receipts? Since I’ve been an entrepreneur since I was in my early 20’s and now own multiple businesses, this is a question I’ve often asked myself. Another little known fact about me is that my dad (now retired) is a Certified Public Accountant (CPA), so I think a lot more about taxes than the average person.

As a freelancer, it’s vital that you save and keep track of all of your receipts. Having these receipts come tax season means you’ll be able to deduct those expenses. If you don’t have all of your receipts when it’s time for taxes, then you could be missing out on some savings.

However, saving all your receipts in a single drawer isn’t going to help you much. You need to know the best way to organize receipts to optimize your savings come tax time. Continue reading below for a few ideas of how to do just that. [Read more…] about What Is the Best Way to Organize Receipts for Taxes as a Freelancer?