If you have aging parents, how do you help them safeguard their life savings? Even if your parents are in good shape now, don’t think this won’t ever be a problem for you. Here’s a frightening fact. One out of two people age 85 or older have Alzheimer’s according to Investor’s Business Daily. That being […]
How and When to File for a Tax Extension – And Why It’s a Bad Idea
It’s easy to file for a tax extension – but, as you’ll see, you should do everything in your power to file your taxes on time. Don’t file for an extension if you can help it. The penalties for late filing really get costly. First, the easy part. Let’s discuss how it’s done. The benevolent […]
H&R Block At Home Software Review – Is This Really A Diamond in the Rough?
More and more people are doing their own taxes these days. If you are interested in joining their ranks, there are 3 main software products to choose from; TurboTax, TaxACT and H&R Block at Home 2014. What follows is my personal in depth review of H&R Block’s At Home to see if this is the […]
Multiple Checking Accounts Budgeting Made Simple
It’s hard enough to follow your finances if you have one checking account. When you have multiple checking accounts the process becomes geometrically more difficult – until today. I’m about to share a system that will help you track your spending for free in about 15 minutes a month regardless of how many checking accounts […]
2014 Federal Tax Brackets And What They Really Mean To You
Most people are deathly afraid of being in a high tax bracket. It’s easy to understand why. Who wants to shell out all that money to the IRS? Nobody. The unfortunate reality is you could be in low bracket and still pay sky-high income taxes. Let’s take a look at the Federal Tax Brackets, deductions […]
Working And Collecting Social Security The Smart Way
You may not realize how working and collecting social security intersect and that’s a shame for two reasons. First, while it’s not all that complicated, minor details can trip you up. Second, by understanding a few straight-forward rules, you might be able to boost your retirement income significantly. Why not try to qualify for a higher […]