The following article was published by the IRS. As tax filing season progresses, the Internal Revenue Service cautions taxpayers not to rely on receiving their refund by a certain date, especially when making major purchases or paying bills. Some tax returns may require additional review and those refunds may take longer. Many factors affect refund timing [...]
The following article was published by the IRS. Changes from the Tax Cuts and Jobs Act mean the standard deduction is worth almost twice what it was before, so you may get more benefit from the standard deduction than from itemizing. To figure out whether you should itemize, you can search "how much is my standard [...]
A recent study has shown that basic, everyday expenses take up a staggering 78% of your income. This basically means that just a tad over 20% is left over for those unexpected expenses that may come your way. So that means that it's important to identify potential unexpected expenses that may or may not show up [...]
A consumer's worst enemy is inflation, especially when prices rise but wages do not. In the United States, inflation has only been rising about 2% per year for awhile now, but that number can be deceiving. While 2% may be the average, the cost of some goods and services has risen quite a bit more. For [...]
The new year is about to start, and with it comes resolutions of all types. Consider adding these five steps to your financial resolution for 2020: Save More - Try automating your savings so that you don't have to think about it. Pay yourself first, then cover your other bills. Spend Less - Simple. Get a [...]
