Tax Reform for the Independent Contractor

By John Golway, CPA and Founder of Financial Designs Tax Services, LLC Tax reform has been all the buzz since the holidays. Tax professionals and financial advisers around the country have been busy educating themselves on the new rules. Many people will benefit from...

Maximizing the New 20% Pass-Through Deduction

By Terry Westlund, Co-Founder Note: This post was updated to reflect 2024 numbers. Remember the big hub-bub about tax reform at the end of 2017? The new rules included a significant change that benefited many independent contractor physicians (those with 1099 income)....