If you drive for Uber or Lyft, sell stuff on Amazon or eBay, or process sales through online payment processors like Square and PayPal; there is a good chance that you received a 1099-K form this year. If you received one and don’t know what it is, it is critical you have a full understanding … Read more What is a 1099-K and What You Need to Know
Aren’t we all ready to tell our boss off, walk out, and start our own company that will be wildly successful? Don’t we all have those great ideas that we know would be successful if only we had more time to dedicate to nurturing it? We see success stories all over the internet and TV … Read more Entrepreneurship and the Risk of Personal Guarantees
With the housing market in the United States leaning in favor of the buyers, sellers are offering a variety of incentives to sell their homes. One popular incentive is a home warranty. Having a home warranty offered to you is definitely a positive. When one is not offered, you will need to consider whether a … Read more Is a Home Warranty a Smart Home Expense?
What could be more stressful than figuring out your income tax? Discovering that you did not pay enough tax this year, and on top of that, many of your exemptions and deductions will no longer be applicable because you are subject to the Alternative Minimum Tax. The AMT is one of the most confusing tax … Read more What is the Alternative Minimum Tax and How Does It Work?
Health insurance cost have been on the rise for decades and there is no sign that will stop anytime soon. The Federal government is worried about how to fund programs like Medicare and Medicaid, and employers are looking to cut healthcare premium costs as much as possible. As an employee you may feel helpless to … Read more 5 Ways to Lower Your Health Insurance Premiums
Insurance is great financial product to spend money on. In an ideal situation you have insurance on your car, your home, your life, your health, and over your risk of disability. You are wise to invest money in these products, but you also put yourself in a dependent situation. You are planning your financial life … Read more What Happens If Your Insurance Company Goes Bankrupt?
Inflation and hyperinflation are concerns on the minds of the economists in the United States. With the amount of money that is being pumped into our financial system it is inevitable that prices will begin to rise at some point in the future. Many investors believe that real estate makes an excellent hedge against inflation. … Read more How Your Mortgage Acts as a Hedge Against Inflation
Your credit score is one of the most important figures associated with your finances. And you have likely heard the television and radio commercials touting that you have three credit scores. However, you actually have more than just three credit scores. There are a many ways to calculate your credit score based on what type … Read more Different Types of Credit Scores: FICO, FAKO, and Enhanced
Despite the housing market still being in shambles after the housing boom and bust this decade, many people are drawn to home ownership as part of the American dream. While owning a home has a lot of great benefits, it isn’t all sunshine and roses. There are many significant reasons you shouldn’t buy a home. … Read more 8 Reasons Why You Should Not Buy a Home
Saving for retirement is one of the most important financial decisions you can make. Without retirement savings you may never be able to retire or if you are forced to retire, you find yourself completely dependent on the government for assistance. It is smarter to take control of your retirement savings now, while you have … Read more 4 Reasons You Should Participate in Your Employer’s 401k Plan