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KXLY April 13, 2021 7:31 AM Annie Millerbernd Posted: Updated: Getty Images One major perk of homeownership is the ability to remodel your home. You can gut the kitchen and add an island or turn your backyard into an outdoor oasis. Deciding how to pay for home renovations is a core part of the process. Some homeowners turn to savings, while others choose to finance the project, often using home equity or a personal loan. Most financial planners say the best financing option depends on your financial situation, including your income, credit and how much equity you have. Here are some questions to ask to help you choose the best option. ....
3 things to know if you’re new to gig work Updated Feb 09, 2021; Posted Feb 09, 2021 A delivery person leaves a Domino s Pizza restaurant in downtown Seattle on a bike, Sunday, March 15, 2020. (Ted S. Warren)AP Facebook Share Shutdowns, layoffs and salary cuts brought on by the coronavirus pandemic have left millions of Americans searching for new sources of income. Those who’ve recently turned to gig work may be weeks away from a financial surprise in the form of unexpected tax bills and insurance coverage fine print. “These are the two key items that most new business owners overlook,” says Chris Russell, a San Diego-based certified financial planner who specializes in business owners and the self-employed. ....
NerdWallet Shutdowns, layoffs and salary cuts brought on by the coronavirus pandemic have left millions of Americans searching for new sources of income. Those who’ve turned to gig work may be weeks away from a financial surprise in the form of unexpected tax bills and insurance coverage fine print. “These are the two key items that most new business owners overlook,” says Chris Russell, a San Diego-based certified financial planner specializing in business owners and the self-employed. Don’t consider yourself a small business owner? Well, let’s start there. To the IRS, you are a small business. Sure, you’re just running food deliveries. But that simple act makes you a small business to the IRS. And that opinion is the only one that counts when it comes to taxes. ....
Digging your gig: Unexpected tax bills, insurance fine print among concerns of independent contractor rep-am.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rep-am.com Daily Mail and Mail on Sunday newspapers.
WKBT January 29, 2021 8:00 AM Kelsey Sheehy Posted: Updated: Getty Images Shutdowns, layoffs and salary cuts brought on by the coronavirus pandemic have left millions of Americans searching for new sources of income. Those who’ve recently turned to gig work may be weeks away from a financial surprise in the form of unexpected tax bills and insurance coverage fine print. “These are the two key items that most new business owners overlook,” says Chris Russell, a San Diego-based certified financial planner who specializes in business owners and the self-employed. Don’t consider yourself a small-business owner? Well, let’s start there. ....