Personal Finance News

8 Financial Moves You Can Make in Your 30s That Will Pay Off Big Later On

8 Financial Moves You Can Make in Your 30s That Will Pay Off Big Later On

Now that you’ve entered your 30s, it’s time to start thinking about things a little differently. You had your fun in the twenties, partied some, and spent a lot. You did everything a kid in his 20s was supposed to do. However, once you turn the big 3-0, you need to make a few decisions that could affect your financial […]






by February 13, 2017 1 comment Personal Finance
Common Tax Audit Triggers to Avoid

Common Tax Audit Triggers to Avoid

No one loves doing their taxes. However, it is a necessity that we all must endure. Getting audited can make it all worse. If you’re the target of an IRS inquiry, you can be facing months of scrutiny and extra paperwork. Perhaps, even a higher tax bill when all is said and done. Yet, it does not have to be […]






by February 9, 2017 0 comments Taxes
Major Life Changes That Affect Your Taxes

Major Life Changes That Affect Your Taxes

There is a whole range of major life changes that can have an impact on your taxes. Getting married, getting divorced, having kids, even changing jobs bring significant complications to the way you do your taxes. These adjustments are going to be predicated upon the particular developments that take place in your life. Maybe you are saving for your college […]






by February 8, 2017 0 comments Taxes
Everything You Need to Know About the Saver’s Tax Credit

Everything You Need to Know About the Saver’s Tax Credit

Taxpayers who are funding a retirement savings vehicle have a couple of ways to benefit from those contributions. They can claim the deductions that are applicable. They can also take an additional credit called the Qualified Retirement Savings Contributions Credit (also known as The Saver’s Credit). It was designed and implemented for lower and middle-income Americans. It was created to […]






by February 7, 2017 0 comments Taxes
6 Ways to Reduce Your Chances of a Tax Audit

6 Ways to Reduce Your Chances of a Tax Audit

Tax time is tough enough without having an audit to deal with after you submit your return. Yet, the truth is that you can never safeguard yourself against an audit entirely. That is true whether it’s a business or an individual return. However, there are precautions that you can implement to put your best foot forward with the IRS. You […]






by February 6, 2017 0 comments Taxes
Guide to Choosing the Best Tax Preparer

Guide to Choosing the Best Tax Preparer

Face it: the average person is not a tax professional, so you probably aren’t either. Yet every year you decide to take on the complexities of the tax code all by yourself. Sometimes, it is to the detriment of your finances. It’s no secret that the tax laws can be downright impossible to navigate with their constant updates and changes. […]






by February 3, 2017 0 comments Taxes
Getting Married and Your Taxes: 9 Things You Should Know

Getting Married and Your Taxes: 9 Things You Should Know

Now that you have tied the knot, congratulations! As you might have guessed there are going to be a lot of changes in your life. These adjustments include how you file your income taxes. The way you file and the many possible benefits that you may be able to claim are just the beginning of it. You and your spouse […]






by January 31, 2017 0 comments Taxes
A Beginners Guide to Filing Your Taxes

A Beginners Guide to Filing Your Taxes

As the old saying goes, the two things you can always count on in life are death and taxes. The first one is probably (hopefully!) a long way off. However, the latter has probably snuck up on you all too quickly. First-time filers often get intimidated by tax time because there are so many different forms. The penalties for filing […]






by January 30, 2017 0 comments Taxes
How to Budget on a Variable Income

How to Budget on a Variable Income

Sometimes you just do not know how to create a personal budget because you are not sure how much you will make every month. This is called variable income. Anyone who works as a freelancer or counts themselves among the self-employed in this country knows the struggle very well. When your income fluctuates wildly from one month to the next […]






by January 29, 2017 0 comments Personal Finance
How Much Investment Risk Can You Handle?

How Much Investment Risk Can You Handle?

Risk tolerance. It is a vital component to investing. You could say the two go hand in hand with one another. The key to navigating the waters successfully is by understanding what it is and how much you are willing to take on. Investment risk works differently for each of us. That is because our financial situations and goals vary […]






by January 27, 2017 0 comments Investments