The following article was published by the IRS. Taxpayers who give money or goods to a charity may be able to claim a deduction on their 2017 federal tax return, which basically reduces the amount of their taxable income. Here are some important facts about charitable donations: Qualified charities. To receive a deduction, taxpayers must donate [...]
[youtube https://www.youtube.com/watch?v=fw9erwPkBpw]Americans are notorious for their heavy use of credit. This should make us all experts, right? Not so fast. Here is a look at a few basic questions the average credit user might ask, as well as answers from a financial professional: […]
[youtube https://www.youtube.com/watch?v=cTJcyeYzUec]It goes without saying that it takes the IRS much longer to process tax returns that have mistakes. That also means that those who make mistakes who are due refunds will likely have to wait much longer to get them. Here are the most common mistakes and how to avoid them: […]
[youtube https://www.youtube.com/watch?v=ySOpyYdB8fo]Using a credit card for purchases is often convenient, but it does bring with it some risks. Fraud is on the rise, and virtually everyone is at risk to some degree. If it hasn’t already happened to you, you probably know someone who has experienced it. So what can you do? Well, there are several [...]
[youtube https://www.youtube.com/watch?v=Njyw6wFO6NY]When it comes to financial planning, it is common for many prepared individuals to have their ducks in a row, especially as they age. This includes having an emergency fund, retirement plan, and the proper insurance, just to name a few. After all, you’ve worked hard much of your life; you’d hate to see it [...]