Keeping old tax records can save you time and effort if you are audited or need to file an amended tax return. Previous tax returns can also help you document your income when applying...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 06/24/2022
Tax season brings mixed feelings. You can get a refund, but you can also get an IRS bill. It's not fun, especially when a big chunk of your budget is spent on student loans.But...
Posted by BEST FINANCIAL GROUP LTD on 06/11/2022
The process of restoring your financial stability after facing bankruptcy is a back-breaking move. Filing for bankruptcy affects your credit score and can hinder your long-term financial...
Posted by Pat Raskob on 06/11/2022
If you have significant assets or fortune, you will want to protect them when planning your will and decide who will own your property after you leave. If you don't take proper...
Posted by Taxes Made EZ Inc on 05/27/2022
When was the last time you heard the good news about retirement? Instead, you've probably seen alarming headlines like this:Are you worried about your pension or your parent's...
Posted by James Financial Services Inc on 05/27/2022
Suppose you have tax debts this year. It is less than ideal - if you're struggling to pay off your tax debt, as it can have a lasting impact on your finances. But does tax debt...
Posted by Income Taxes and Bookkeeping LLC on 05/22/2022
Sometimes a debtor could be overwhelmed by debt repayments and may need to negotiate for debt cancellation. If you get one, the IRS considers it an income, and it is taxable. That's...
Posted by CORE PERFORMANCE on 05/22/2022
Borrowing money from family members can be a risky business. And while all debt is risky, family loans come with all kinds of dangers.In spite of the fact that family lenders don't...
Posted by Abundant Wealth Planning LLC on 04/26/2022
A payday loan is a short-term loan with high fees for a small amount, usually $500 or less, which must be repaid with the borrower's next salary. Payday loans only require ID,...
Posted by KLSM CPA Firm PLLC on 04/24/2022
