After the economy took a nosedive from 2007 to 2009, President Barack Obama signed the American Recovery and Reinvestment Act (ARRA) into law. This bill was designed to give the economy a boost by reducing federal taxes, increasing unemployment benefits and also increasing spending in certain areas. Many people were directly affected by this bill […]
What is the American Recovery and Reinvestment Act? Read More »
Whether you forgot to take all of the deductions you were eligible to take, or just reported a few wrong figures to your tax return, you do have some options for amending your return. In fact, you have three years from the original filing deadline to send in an amended return. You don’t need to
Dealing With Mistakes On Your Federal Tax Return Read More »
Before this year’s tax-filing deadline in April, you may consider hiring someone to fill out your taxes. Lots of people don’t want to bother with the complicated IRS tax forms or worry about whether they’re interpreting tax laws correctly.
10 Tips to Select an Income Tax Preparer Read More »
When you and your spouse both know that your marriage just isn’t going to work and you want a divorce, you might end up staying married because neither of you can really afford to leave. Many people who want to file for divorce realize that they simply can’t afford to end their marriage when they
What to Do If You Can’t Afford to Leave Your Spouse Read More »
If you’re expecting a tax refund this year, don’t overlook the benefits of requesting a split refund. The IRS offers this option for taxpayers who want to have their tax refund deposited into up to three different accounts. There are a number of reasons why you might want to do this, and making this request
What is a Split Refund? Read More »
If you have recently ended a marriage or a relationship and had children at some point during the relationship, you may be eligible to receive child support from the other parent. Child support laws exists to ensure that the child or children are appropriately cared for once the parents’ relationship has terminated. Child support is
What to Do If You Need Child Support Read More »
Understanding the age limit for claiming a child as a dependent is crucial for maximizing your tax benefits. The IRS allows you to reduce your taxable income by claiming a child, but several specific rules—including age, relationship, residency, and financial support—must be met for your child to qualify. Why Claiming a Child as a Dependent
Is There an Age Limit for Claiming a Child as a Dependent? Read More »
If you’re feeling the financial pressure of your child heading off to college—and you don’t have tens of thousands saved—you’re not alone. With tuition, room, and board costs climbing steadily, many parents wonder: What can I do if I can’t afford college for my child? According to recent College Board data, the average annual tuition
Can’t Afford College for Your Child? Here’s What to Do Next Read More »
30 days. That’s roughly the amount of time the average American sticks to his or her New Year’s resolution. If we’re honest about our financial New Year’s resolutions – like saving money, better organizing our finances, or laying off the credit cards – many of us will admit that we might not even make 30
Jumpstart Your Finances in 30 Days Read More »
If you’re thinking about getting a peer‑to‑peer loan, it’s probably a good idea for those of you who have high interest rate credit card debt. But peer‑to‑peer loans offer far more benefits than just that. For entrepreneurs who need financing, P2P loans are also a ready source of cash. And most small business owners know
The Pros and Cons of Peer-to-Peer Loans for Entrepreneurs and Consumers Read More »
Keeping your finances in order and your budget on track isn’t always easy, and 2011 may not have been your best year financially. Whether you failed to meet your savings target or you faced a serious financial downfall this year, you can learn from your mistakes and set yourself up for a financial recovery plan
5 Financial Mistakes Everyone Should Have Learned Read More »
Facing the reality that you can’t afford car repair can be both stressful and frustrating. With a recent AAA survey revealing that 25% of Americans delay vehicle maintenance due to financial constraints—and many unable to handle even a $1,000 emergency—you’re not alone. The good news is that there are practical, creative solutions that can help
Can’t Afford Car Repair? 7 Smart Fixes—and Do Mechanics Do Payment Plans? Read More »
8 Things to Do If You Can’t Take One More Day at Your Job: If you feel like you can’t take one more day at work, you’re far from alone. Whether it’s the stress, lack of motivation, or a toxic environment, work-related burnout is real—and growing. But while quitting might seem like the only way
8 Things to Do If You Can’t Take One More Day at Your Job Read More »
If one of your New Year’s resolutions for 2012 is to improve your finances in some way, join the club. According to a survey from TD Ameritrade, 73% of Americans will make at least one money-related New Year’s resolution. Regardless of your current economic circumstances, here are 12 crucial and doable financial goals worth putting
12 Financial New Year’s Resolutions Read More »
Q: Hi, I have rec’d an offer of settlement from a collection agency representing CitiCard for about 18% of the current balance. When I asked to have the “line item” (delinquency) deleted from my record (credit report), the manager responded that: 1) it can’t be done; 2)maybe it could be done but only with a
Will Debt Settlement Appear On My Credit Report? Read More »
