Basics of tax deductions and tax credits
In your daily career, you probably have to think of every nickel and dime that goes into a project. You care when you’re dealing with a client’s money, but do you pay as much attention when it comes…
Paying Taxes on Stocks
Architects work hard for their money, but do architects do a good job at making that money work for them? Whether you choose to invest in real estate or a 401 (k), socking money away for retirement is…
Getting a vaccine for your car disease- Get rich by driving your $7,000 car
Do those new, shiny four wheels make you salivate and want to go spend $80,000 every four years? Architects often fall into the trap of convincing themselves that the car they drive equates to the respect that they…
Architects know what a bracket is, but do you know about your tax bracket?
When it comes to designing a building, you know how to put all the right brackets in all the right places. But when it comes to your money, do you know what tax bracket you are in? In this…
Architects are anything but marginal..except when it comes to taxes
When it comes to designing and creating, architects are effective and anything but marginal. But what about when it comes to paying taxes? In this article, we will discuss the differences between effective versus marginal tax rates. The…
Luxury is a money trap for the weak
Ever found yourself confusing those niceties for necessities? As an architect, you’re accustomed to creating stunning visuals and creating luxurious dream properties for clients. As you begin to collect little lavish items for yourself, the mindset starts becoming…