IRS Rolls Out Quicker Fix for Missing, Incorrect Stimulus Payments
IRS Rolls Out Quicker Fix for Missing, Incorrect Stimulus Payments Are you still waiting for your Economic Impact Payment? Did you get your payment but it was for the wrong amount? The IRS initially said you needed to wait until filing your 2020 tax return to resolve...
Budgeting Methods That Work
Budgeting Methods That Work Which unique method of budgeting will work for you? You have your own unique personality, preferences and lifestyle. Likewise, how you manage and organize your finances can have its own personality, including how you budget. Here are five...
Wardrobe Shopping On a Budget
Wardrobe Shopping On a Budget Shopping can be fun, but also drain your wallet. So how do you maintain a respectable wardrobe in a cost-effective way? Here are three tips to help you find your back-to-school and fall attire without breaking the bank. Think versatility....
Great Tips to Improve Your Credit Score
Great Tips to Improve Your Credit Score You’re ready to take out a loan to buy a house, a car or get a credit card. You fill out the application and wait to hear back from your bank on its decision whether to loan you the money. And then you get the dreaded phone...
IRS Announces Common Tax Scams
IRS Announces Common Tax Scams The IRS recently announced its 2020 edition of its annual Dirty Dozen list of tax scams with a special emphasis on aggressive and evolving schemes related to COVID-19 tax relief, including Economic Impact Payments. Here are six of the...
How to Eliminate Tax Surprises
How to Eliminate Tax Surprises What is normally a reliable estimate of your taxes – the amount of money withheld from your paychecks by your employer – may be an unreliable estimate this year thanks to the current pandemic. Even worse, using the safety net of paying...
High School Students! Here’s How You Can Make College More Affordable
High School Students! Here's How You Can Make College More Affordable. Students can earn college credits while still in high school With the cost of college rising rapidly, it can be overwhelming to think about how to pay your way through school for either yourself or...
Best Practices for PPP Loan Forgiveness
Best Practices for PPP Loan Forgiveness More than 70% of small businesses in America now have loan proceeds from the Paycheck Protection Program (PPP) to help retain employees during the current pandemic. The entire amount of a PPP loan is eligible to be forgiven if...
Don’t Make These Mortgage Refinancing Mistakes
Don't Make These Mortgage Refinancing Mistakes With 30-year fixed rate mortgages approaching historical lows of 3%, you may be thinking about refinancing an existing mortgage. But you better read the fine print before signing on the dotted line to avoid paying too...
Should You Incorporate Your Business?
Should You Incorporate Your Business? You may have started your business as a simple sole proprietorship that files its taxes as a Schedule C on your Form 1040. As your business grows, you may want to change the structure. Here are several scenarios where it may make...