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When you run your own business, managing your money looks a little different than it did back in the W-2 employee days. One of the biggest shifts is how the IRS collects taxes from entrepreneurs—they use a "pay-as-you-go" system.
If you now receive income from pensions, IRAs, investments, or Social Security, managing how and when you pay your taxes changes. Keeping up with these changes is just about adjusting your approach so you can relax and enjoy your retirement.
Selling a home, vesting RSUs, or taking profits on stock can lead to unexpected tax surprises. Learn how small adjustments now—like calculating your real home cost basis or matching your withholding bracket—can protect your payout.