How to Save Money While Paying Off Debt
During recessionary times, many Americans experience hardships like job loss that negatively impacts their way of life. This may cause people to fall behind on bills and send their financial well-being seemingly spiraling out of control. Even after people have found new employment,...
Stay Organized for Next Year’s Tax Return
Tax season has come and gone, but staying on top of finances and keeping organized for next year’s tax return is an ongoing process. So, every year around this time I start to do some spring cleaning with my financial papers. I’ve learned a lot from financial experts that I have...
10 Ways to Pick Yourself Up When You are Feeling Low
Life never runs entirely smoothly. Even so, there are times when people get hit with more than their fair share of disappointments. When troubles seem to be mounting up, it can begin to feel like everything you touch goes wrong. Of course, going through a bad patch does not make you...
Tax Treatment of Unemployment Benefits
The tax treatment of unemployment benefits you receive depends on the type of program paying the benefits. Unemployment compensation includes amounts received under the laws of the United States or of a state, such as: State unemployment insurance benefits Benefits paid to you by a...
New Law Provides Relief for Eligible Taxpayers Who Need Funds From IRAS and Other Retirement Plans
The Internal Revenue Service provided a reminder today that the Coronavirus Aid, Relief, and Economic Security (CARES) Act can help eligible taxpayers in need by providing favorable tax treatment for withdrawals from retirement plans and IRAs and allowing certain retirement plans to...
3 Unique Tips to Increase Your Work from Home Productivity
There are plenty of articles floating around the internet right now with tips about working from home. On top of the official guidance you get from your office, unofficial tips are scattered around like confetti on social media and news sites. Some of these strategies aren't...
IRS Unveils “Dirty Dozen” List of Tax Scams for 2020
The Internal Revenue Service today announced its annual "Dirty Dozen" list of tax scams with a special emphasis on aggressive and evolving schemes related to coronavirus tax relief, including Economic Impact Payments. This year, the Dirty Dozen focuses on scams that target...
6 Things You Can Do Right Now to Reduce Your Debt
A recent Bankrate survey found that once the country starts recovering from the coronavirus, 22% of Americans plan to make paying off debt a priority. That sounds nice, but as the saying goes, “Don’t put off until tomorrow what you can do today”. Here are some things you...
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