5 Great Things to Know about IRAs

5 Great Things to Know about IRAs IRA’s can be a powerful tool to lower taxes all while saving for retirement or other predetermined uses. Here are five fairly unreported things to know about IRA’s. A nonworking spouse can have an IRA. If your spouse...

Understanding Tax Credits Versus Deductions

Understanding Tax Credits Versus Deductions Tax credits are some of the most valuable tools around to help cut your tax bill. But figuring out how to use these credits on your tax return can get complicated very quickly. Here’s what you need to know....

Great Ways to Avoid Vacation Spending Traps

Great Ways to Avoid Vacation Spending Traps You probably know how easy it is to spend a lot of money while on vacation. The best way to avoid overspending is to know the problem areas and be prepared before you go. Here are five typical vacation spending traps (and...

The IRS Announces Tax Scams

The IRS Announces Tax Scams Compiled annually, the IRS lists a variety of common scams that taxpayers can encounter. This year’s list includes the following four categories. Pandemic-related scams. Criminals are still using the COVID-19 pandemic to steal...

Shrinkflation is Upon Us!

Shrinkflation is Upon Us! Be aware, be prepared Inflation is upon us, and a hidden gem used by companies to combat price increases is often hidden from the unaware. It’s called shrinkflation. Here’s what you need to know about this hidden price hike and...

Layering Your Bank Accounts

Layering Your Bank Accounts Time for the classic banking approach to make a comeback? For years, savings and checking accounts provided very little in the way of interest income. In our current inflationary times, however, interest rates are on the rise. What is also...