Claiming the Earned Income Tax Credit on your 2012 taxes is a great way to lower your federal income tax bill – or even get a tax refund check worth thousands of dollars from the government. The Earned Income Tax Credit, commonly called the EITC, is a refundable tax credit provided to low-to-moderate income individuals […]
The Earned Income Tax Credit Explained Read More »
If you are missing or have not received your W-2, you’ll need to try to get it as soon as possible, or take other steps required by law, in order to file your income taxes. By law, all employers are required by January 31 to report employee income and employment taxes withheld from employees on
Missing a W-2 Form? Here’s What to Do If Your Employer Has Not Sent Your W-2 Read More »
The Internal Revenue Service (IRS) has developed a Taxpayer Advocate Service (TAS) to ensure that taxpayers are treated fairly and have a clear understanding about their rights. Many people are confused about issues related to paying taxes and have questions about filing and paying taxes. The role of the Taxpayer Advocate Services is to help
What is the IRS Taxpayer Advocate Service Read More »
We often hear so much bad news about Baby Boomers and others who aren’t properly prepared to retire comfortably in the U.S. But what about those who have adequately prepared, or who successfully transitioned into retirement?
5 Things That Will Help You Retire Comfortably Read More »
Planning for your retirement can be an exciting endeavor, but also a scary prospect if you feel financially unprepared. So how do you know if you’re really economically ready to say goodbye to your colleagues and check out of the workforce?
6 Questions to Ask and Answer Before You Retire Read More »
Getting your finances in order in 2013 can improve your financial wellness and make it easier to manage your budget. One great way to bolster your finances is to get your credit in tip-top shape. After all, credit is a asset that can best be utilized when you manage it wisely. But when you abuse
Credit Strategies to Avoid Falling Off Your Own Fiscal Cliff Read More »
The Federal Trade Commission has shut down yet another l0w rate credit card scam – showing that not all balance transfer offers are created equal. This one involved a company called National Card Monitor LLC. The FTC’s action happened in December 2012, and was the sixth credit card interest rate scheme the FTC had identified
Beware of This Low Rate Credit Card Scam Read More »
Herbalife is a multi-level marketing company that sells weight loss products and nutritional supplements. On the surface, there’s nothing illegal about that. But one prominent investor, hedge fund guru Bill Ackman, is convinced that Herbalife is a scam. According to Ackman, who runs an $11 billion hedge fund called Pershing Square, Herbalife is actually a “pyramid scheme.”
Why A Hedge Fund Guru Calls This Weight Loss Company a Pyramid Scheme Read More »
Most Americans dread the prospect of being audited by the IRS. But the truth is that IRS audits actually happen very rarely. According to IRS data, only about 1% of the nation’s 150 million taxpayers get audited annually. So the odds are pretty good that you won’t face an IRS audit in any given year. But those
Shocking Tax Fact: Claim This One Tax Credit and The IRS Will Almost Certainly Audit You Read More »
Let’s be real: Those holiday bills have rolled in and now you’re wondering how to best pay off holiday debt, right? Well, to get rid of holiday debt you have numerous options, but they all depend on your cash flow and your credit. Here’s a look at seven strategies to eliminate holiday debt and get
7 Tips for Paying Holiday Debt When You’re Broke (or Want to Keep Your Cash) Read More »
Apartment rents are expected to rise for the fifth year in a row as the economy continues to improve. According to the latest reports from the National Association of Realtors, rent prices in the U.S. increased by 5.5% nationally in 2021, and are projected to increase by 4.4% in 2022 and 4.2% in 2023. This
How to Survive a Rent Increase Read More »
If all the hand wringing in recent months over the “fiscal cliff” had you worried about the economy and your own personal finances, you’re not alone. We all know that 2012 was a tough financial year. And Congress didn’t make it any easier when it took forever but finally passed a deal in early January
Americans Becoming More Optimistic About Economy Despite Fiscal Cliff Drama Read More »
The Federal Trade Commission has busted yet another operation that preyed upon cash‑strapped consumers who were seeking relief from their credit card debts.
FTC Busts Bogus Debt Counseling Company Read More »
Yet another study shows us the ways in which Baby Boomers and those with children are sacrificing their retirement for the sake of paying for college costs for their offspring.
Survey Shows Baby Boomers Put Kids’ College Costs Ahead of Retirement Read More »
Becoming debt-free is an admirable financial goal, but one that is a big struggle for many Americans. Let’s face it: some people who are now starting to get credit card bills from their December spending are also still paying off holiday debt from a year ago. Even if you’re not among those folks, you probably
6 Ways to Get Out of Debt Now Read More »
