ISSUE NUMBER: TAX TIP 2023-112 Avoiding identity theft scammers posing as the IRS Imitation may be the sincerest form of flattery, but when scammers pose as the IRS it means trouble for taxpayers. Identity thieves may contact taxpayers through fraudulent calls, emails, texts or social media messages pretending to be the IRS. Here are tips […]
Tuesday, April 18, 2023 For most United States taxpayers, Tuesday, April 18, 2023, is the deadline to pay taxes on income earned in 2022, also known as Tax Day. If you filed a tax extension, you have until Oct. 16 to file your tax return.
Last week, the Federal Reserve hit the gas pedal on interest rates with another hike of 0.25%. This move has pushed benchmark borrowing rates to their highest levels in over two decades. Why do they do this, you ask? Well, it’s like they’re adjusting the speed of a car, trying to either rev up
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Financial literacy is a crucial life skill that empowers individuals to make informed financial decisions and effectively manage their money. Whether you’re just starting your journey towards better financial understanding or looking to refresh your knowledge, here’s a comprehensive guide to help you improve your financial literacy and set yourself up for long-term financial
If you’re ready to take control of your finances, it’s time to get organized. Just as a well-kept garden flourish, so too does your financial health when nurtured with care. Here are some straightforward steps to help you embark on your journey towards financial literacy and financial orderliness. 1. Gather Your Financial Documents: Start by
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Budgeting is the process of creating a plan to spend your money. This spending plan is called a budget. Creating this spending plan allows you to determine in advance whether you will have enough money to do the things you need to do or would like to do. Budgeting is simply balancing your expenses
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Despite the generally robust job market, some people are still losing their jobs. If you’re laid off or terminated from employment, taxes are probably the last thing on your mind. However, you may face tax implications due to your changed personal and professional circumstances. Depending on your situation, these can be complex and require you
TAX TIP TAX IMPLICATIONS TO BE AWARE OF AFTER A JOB LOSS Read More »
NACA (Neighborhood Assistance Corporation of America) homebuyer organization is a non-profit community advocacy and homeownership organization that is dedicated to ensuring affordable homeownership for all. Founded in 1988, NACA focuses on empowering working individuals and families by offering them access to affordable mortgage options and financial education. NACA’s primary mission is to provide affordable home
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Ready to crack the code to the ultimate wallet-friendly adventures? Buckle up, travel enthusiast, because I’ve got the inside scoop on scoring jaw-dropping flight deals that’ll leave you doing a happy dance! We’re all on a quest to stretch our travel budget like elastic, and guess what? You’re about to become a pro at it.
Mastering the Art of Smart Flight Booking: Your Wallet’s New Best Friend Read More »
The Importance of having Multiple Streams of Income: When it comes to your finances, it’s important to have multiple streams of income. There are many reasons why this can be beneficial—including financial stability, peace of mind, and knowing you have options if one way isn’t working out. Having multiple sources of income is a great
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