The Internal Revenue Service (IRS) requires you to file a federal income tax return if your income meets certain thresholds. The amount you make each year generally determines whether you must file a return. If you are unsure whether you need to file, the IRS has a handy tool called the “Do I Need To… Continue reading When Do I Need To File an Income Tax Return?
Category: Finance
Tips On Finding Business Loans For Women-Owned Business Enterprises (WBE)
Are you a woman entrepreneur looking for funding for your business? If so, you’re not alone. Many women-owned businesses struggle to find the capital they need to get started or grow. But there are several programs and initiatives out there that can help women access the financing they need. Here’s a look at where to… Continue reading Tips On Finding Business Loans For Women-Owned Business Enterprises (WBE)
9 Huge Medicare Mistakes To Avoid
Medicare is complicated. This is the major criticism against it. Many Medicare mistakes occur regularly. Avoiding these mistakes ensures you’ll have fewer challenges in getting the care you require. If you haven’t enrolled in Medicare yet, you’ll be well ahead of the game by keeping these mistakes in mind. Prevention is the best medicine. If… Continue reading 9 Huge Medicare Mistakes To Avoid
5 Money Mistakes Made By New Couples
When you’re newly married, you’ll probably face new challenges and might not feel ready for these new responsibilities. Many young couples don’t anticipate how different managing their finances can be once they get married. Understanding how merging your finances will impact how you spend and manage money is essential. There are common mistakes most couples… Continue reading 5 Money Mistakes Made By New Couples
Paying Taxes With Your Credit Card is a BAD Idea
If you own your own business or have not been deducting enough from your weekly paychecks, you will probably owe some income taxes when tax time rolls around. This is never fun, and if you do not have the money in your checking account right now, you might be tempted to pay the taxes with… Continue reading Paying Taxes With Your Credit Card is a BAD Idea
What Information Do I Need For the FAFSA
If you’re considering going to college, you’ll need to fill out a FAFSA (Free Application for Federal Student Aid). This form is used to determine your eligibility for financial aid, which can help cover the cost of tuition and other expenses. Here’s what you need to know to complete a FAFSA. So make sure you… Continue reading What Information Do I Need For the FAFSA
4 Steps To Financial Independence
Financial independence is highly desirable. Yet, for some reason, it seems to elude many of us. You’ve likely tried your hand at many different approaches, yet none have been able to give you the anticipated results. The good news is that financial independence can be achieved. By making certain adjustments to your life, you’ll find… Continue reading 4 Steps To Financial Independence
5 Tips To Invest Like The Wealthy
Many wealthy investors invest the same as you. However, there can be significant differences. In most cases, you can match the investments of wealthy investors by alternative means. There are a few investment strategies you can’t mimic, even if you’re an average investor. Interestingly, significantly few wealthy investors can outperform the market average. You might… Continue reading 5 Tips To Invest Like The Wealthy
Why You Should Consider A Used Car
There are a lot of reasons to buy a used car. Used cars are cheaper than new ones and depreciate less over time. They also tend to have lower insurance rates and better fuel economy. Plus, with a used car, you can often get a wider variety of features for the same price as a… Continue reading Why You Should Consider A Used Car
When Can I Deduct Bad Debt On My Taxes?
A small business can write off bad debt losses if it meets nominal requirements. To claim such a tax deduction, the following must be shown: A. The existence of a legal relationship between the small business and debtor; B. The receivables are worthless; and C. The small business suffered an actual loss. Proving there is… Continue reading When Can I Deduct Bad Debt On My Taxes?