Personal Finance
I’ve gotten several request lately to review Quizzle. Quizzle is an online financial service that offers, according to the bold face type, a free credit report, free credit score and various financial tools. Whenever someone points me in the direction of a personal finance company like this the first thing I check is if I [...]
Here comes the end of the year! (Yikes, already?) As 2010 draws to a close, it is time for the annual publishing of the end of year tax tips articles. Or, for the mainstream media, it’s time to re-publish pretty much the same thing that was published last year, rehashing the same old annual tax [...]
Continue reading about Lower Your Taxes – Increase Tax Deductions 2010
What is the difference between a Roth IRA and a traditional IRA? That question about retirement planning is very common. I’ve written up short answers, detailed answers, courseware, seminars, flyers, tear sheets, white papers, and who knows what else about what a Roth IRA account is versus a traditional IRA account. Lately, the questions, while [...]
The old maxim, “If it is too good to be true, it probably is,” holds up especially well in the world of personal finance. The concept of getting free credit scores has been mined by con-artists and scammers repeatedly. Unfortunately, most of these scams are perpetrated by well known companies and by the credit reporting [...]
Continue reading about Credit Karma Scam or Legit Free Credit Scores?
I am always a bit curious when I read a cover story headline like the one on Kiplinger Magazine this month. It says 18 Ways To Earn 5% or More On Your Money. A lot of readers will make an assumption that goes along with that headline that they are talking about low-risk investments or [...]
Continue reading about Safely Earn More Interest on Your Money
Updated Information for 2010 179 Deduction Limits for Small Business Taxes has been published. Business tax deductions are important in order to offset high business taxes levied against small business owners and entrepreneurs. Business owners, particularly, single proprietors are often hit with high tax bills because of the Self Employment Taxes. Self-employment taxes, or SE [...]
A great tax saving strategy, particularly for higher-income taxpayers is to start a small business. Many expenses that are not deductible for regular Federal Income Taxes are deductible to a business. For example, the mileage deduction is not deductible for personal driving purposes, and mileage driving to work is also not deductible. However, mileage driven [...]
Continue reading about More Tax Deductions for Small Business Owners and Sole-Proprietorships
Like trying to setup a fancy exercise routine before commiting to regular exercise sessions, trying to take on fancy investment ideas before building up solid savings is doomed to failure. Here is how to make it happen now.
