Month: February 2021

Booked Financial - Auto Expense Deduction - Standard Mileage or actual expenses?

Auto Expense Deduction – Standard Mileage or Actual Expense?

What are the different types of auto expenses and how do I Know which one to take? The IRS gives you a choice to take actual or their standard mileage when it comes to the auto expense deduction on your tax returns. Booked financial always will go the extra mile and calculate the choice that …

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Booked Financial - What's the difference between a Roth and a Traditional IRA?

What’s the Difference Between a Roth and a Traditional IRA?

When deciding on which type of retirement account to contribute to there are many misconceptions and confusions regarding which type is optimal. Oftentimes people will mistakenly ask if they should contribute to a 401k or an IRA when in reality that is the incorrect question to ask. The correct question individuals should ask is whether …

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Booked Financial - Made Or Lost Money On GameStop Shares? See How You Can Minimize Taxes On Your Earnings

Made/lost money on GameStop shares? see how you can Minimize taxes on your earnings

With the recent short squeeze mania surrounding Gamestop shares, many new investors browsing forums like wallstreetbets (reddit.com) found themselves in either a large winning or large losing positions. With this article, we hope to provide you with more info on what to do if you find yourself on either side of the equation as well …

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