Hobby or Business?

People should know if their pastime is a hobby or a business IRS Tax Tip 2022-106 From collecting stamps and woodworking to crafting and quilting, people have all kinds of hobbies – and most of these hobbies will never turn a profit. For hobbies that do earn income, people should know that they must report […]

7 MIN READ | JUN 23, 2022By Ramsey Solutions What to Do If You’re Running Out of Money 7 MIN READ | JUN 23, 2022 By Ramsey Solutions It’s the end of the month, and you’re out of money—again. Ugh. It’s a hopeless feeling knowing you’ll have to pay some bills late and scrounge around in the […]

The summer wedding season is fast approaching. Wedding planning is often overwhelming but figuring out how marriage will affect a couple’s tax situation doesn’t have to be. Here are a few things couples should think about as they prepare for the big day. Name and address changesPeople who change their name after marriage should report […]

I join Barbie Famiglietti on A Mommy and a Mic and talk about 10 ways to save money. Hope you’ll find some useful tips. Click HERE to hear some money saving tips

NOT HAVING THIS INFORMATION COULD DELAY YOUR RETURN 2021 Child Tax Credit Payments In 2021 the federal government issued advanced Child Tax Credit payments to eligible taxpayers based on information from 2020 tax returns. It is the taxpayer’s responsibility to provide documentation of the amount of any advanced Child Tax Credit payments issued. Acceptable documentation: […]

What taxpayers can do now to get ready to file taxes in 2022 There are steps people, including those who received stimulus payments or advance child tax credit payments, can take now to make sure their tax filing experience goes smoothly in 2022. They can start by visiting the Get Ready page on IRS.gov. Here are some other things […]

5 things you should talk about before you get married. If you are going to do life together, here are some important things you need to talk about before you tie the knot. Religion – These days religiously blended families are more frequently becoming the norm. Talk about your beliefs and understand where your partner […]

How Child Tax Credit Overpayments Can Occur Except from Kiplinger by: Rocky Mengle  July 16, 2021 You may be wondering why the IRS would send you too much money in the first place. If the goal is simply to give you a 50% advance of your total child tax credit over a six-month period, it doesn’t […]

Estate Planning When You Have Young Children Four simple steps to protect your family. By Mary Randolph, J.D.  on NOLO.Com Having children complicates life in many interesting ways, and estate planning is no exception. Young parents don’t need anything fancy, but there are a few things you should definitely think about. Here are four simple […]

10 Money Traps to Avoid 8 MINUTE READ | SEPTEMBER 24, 2021 RAMSEY SOLUTIONS We want you to get the most bang for your buck and be a smart consumer when you shop. That’s why we’ve got to talk about some of the common money traps out there—so you know what to watch out for […]