Pregnant During Residency: The Challenges You Face
We know that residency is difficult. You face long hours, high work expectations, and seemingly random demands on your attention. Your hourly wage is low compared…
What is a W2 Employee?
The tax code is a very long, very confusing maze of documents and dictums. Most working people have received a W-2 form or W2 form even…
How To Lower Taxes with Section 179, or The Hummer Loophole
Like all parts of the tax code, Section 179 does not have a snappy name. It does have a snappy purpose, however. The federal government wants to encourage business owners to spend money on equipment. Therefore part of the tax code, or Section 179, helps business owners make purchases and deduct the entire cost of the purchase immediately. This is a subsidy for business owners. Section 179 allows business owners to use pre-tax money to purchase items they use in their business activities.