By: Rowan Webb Personal Finance Views: 64097 | Comments: 4 | Votes: 0
Scheduled Maintenance - This is one of the most basic ways to protect your car - ensure that you go for your scheduled maintenance visits at your registered workshop whenever you hit your mileage milestones! Getting your tires balanced and checking your engine performance is the best way to ensure that your car is running in its best shape! - This point goes without saying! More
By: Deleted Profile Tax Planning Views: 43465 | Comments: 2 | Votes: 0
File Taxes for Free – It’s Easy as 1-2-3! By Sharman G. Lawson It’s that time of the year that most people dread and wish would go away – It’s tax time! Have you done your taxes yet? Did you pay someone to prepare them? I’m here to tell you that what you don’t know can hurt you. Have you prepared your taxes yet? Sharman G. More
By: Kerry Freeman EA Tax Planning Views: 38153 | Comments: 2 | Votes: 1
Telling the IRS that your dog ate your return won’t get you off the hook for paying your 2006 federal income taxes, due April 17 this year. And even though she depends on you for all of her support, you are really asking for trouble if you try to claim the pooch as a dependent. What about those animals that provide a real service to businesses? More
By: Thomas J. Hartfield Insurance Views: 30504 | Comments: 1 | Votes: 0
By: Thomas J. Hartfield Health Insurance Explained Healthcare has changed since the days of family doctors and house calls. Today the rising cost of everything from prescription drugs to diagnostic treatments has us turning to managed care networks for workable health care solutions. Whenever you have a medical need, you’ll have three “point of service” choices. More
By: Kenneth R. Harney Home Loans Views: 30045 | Comments: 1 | Votes: 1
WASHINGTON – Picture this: You're eager to take advantage of today's troubled real estate market and buy a foreclosed house at a fire-sale price. The problem is you don't have much money for a down payment. And your credit files are scuffed up with late payments. But can they really do what they claim? According to a complaint by the FTC filed in U.S. William I. Kenneth R. More
By: Bogie Boric Retirement Planning Views: 28331 | Comments: 1 | Votes: 0
The Roth IRA is one of the smartest saving and retirement planning tools available to investors. Unlike the traditional IRA or 401K, contributions to the Roth IRA are not tax deductible, but the benefit of the Roth IRA is the ability to make withdrawals tax-free when you retire. • Contributions may be made after age 70 ½ as long as you have earned income. More
By: Thomas J. Hartfield Financial Planning Views: 23789 | Comments: 1 | Votes: 0
How Should I Manage My Retirement Plan? Employer-sponsored retirement plans are more valuable than ever. The money in them grows tax deferred until it is withdrawn at retirement. Distributions from a tax-deferred retirement plan, such as a 401(k) plan, are taxed as ordinary income and may be subject to an additional 10-percent federal tax penalty if withdrawn prior to age 59 ½. More
By: Thomas J. Hartfield Tax Planning Views: 21633 | Comments: 1 | Votes: 0
What Tax Deductions Are Still Available to Me? When Congress changed the tax codes with the Tax Reform Act of 1986, it eliminated many of the deductions that enabled many people to avoid paying income taxes. The revision was very thorough. However, for those taxpayers who itemize, some key deductions remain. Your tax advisor will be able to tell you exactly what’s deductible for you. More
By: Tory Jay Personal Loans Views: 20045 | Comments: 0 | Votes: 2
In today’s day and age, the world is witnessing a lot of financial innovations. As our needs increase, finance entities find different ways to keep at par with the demand. One such credit option that most people opt for are mortgage brokers. Essentially, any person or link that arranges a mortgage deal between a lender and a borrower can be described as a mortgage broker. More
By: Steven Leibold, EA Tax Planning Views: 17754 | Comments: 0 | Votes: 0
Congress often rushes to pass legislation just before adjourning for a holiday or recessing for the year, and 2007 was no exception. One of these last-minute bills was the "Mortgage Forgiveness Debt Relief Act of 2007," which President Bush signed into law on December 20. The amount of debt forgiven reduces the tax basis in the home. Steven C. More
