Opening a Brokerage Account

[youtube https://www.youtube.com/watch?v=CXQO-CNfeXs] Part of a solid financial plan is to make sure you build your savings. Many choose to put their money in their local bank or credit union. But to save for the future and to stay ahead of inflation, many turn to investments as an answer. If you have never invested before, here are [...]

How To Save On Babysitting

[youtube https://www.youtube.com/watch?v=qf-WOuRRVUM]We love our kids like crazy. But they don’t come cheap! The government predicts the cost of raising a child today will approach $250,000 by the time they turn 18. Part of this cost is childcare, more specifically babysitting costs. What’s a parent to do? For one, it’s important to get creative, and for that [...]

IRS Working on a New Form 1040 for 2019 Tax Season

The following article is from the IRS. As part of a larger effort to help taxpayers, the Internal Revenue Service plans to streamline the Form 1040 into a shorter, simpler form for the 2019 tax season. The new 1040 – about half the size of the current version — would replace the current Form 1040 as [...]

Is Life Insurance Money Taxable?

[youtube https://www.youtube.com/watch?v=dJ49-6Y76mc]Is life insurance taxable? It isn’t as much a yes or no answer as it is a situational answer. It depends on a few factors really. But when it comes right down to it, there are three things you should be aware of in order to answer this question: […]

Taxpayers Can Connect with the IRS on Their Phone

Anyone with tax questions can just grab their phone for answers. The IRS has a mobile app, IRS2Go, which is available for free to use on Android and iOS devices. It’s also available on Amazon. Taxpayers use the app to: Check the status of their refund. Taxpayers can check on their refund status within 24 hours [...]

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