The 2014 contribution limits will remain the same as they are for 2013. The following limits are: – $17,500 to a 401(k), 403(b), 457 or the federal government’s Thrift Savings Plan. In addition, you can add […] Read more »
Tax Season Delayed Due to Shutdown
I’m beginning to think that tax season is never going to start “on time.” It seems every year, the IRS has a reason why they are not able to accept returns by a pre-set date. Granted, […] Read more »
Credit Score – Part 2 of 2
In my last article I discussed a bit about credit scores and the five factors that make up our score (to read my last article click here). In this article, I’m going to provide a short list of […] Read more »
Credit Score – Part 1 of 2
The purpose of my next 2 articles is to hopefully provide a brief, but useful, guide to how the infamous credit scoring system works. As you may or may not know, the credit scoring model […] Read more »
Average American Kid’s Allowance is $15
According to a survey done by the American Institute of CPA’s last summer, the average American child is making an average of $15 a week in allowance. __________ I don’t know about you, but I hope my kids don’t […] Read more »
California Foreclosure & Short Sale Warning!
At the beginning of the year, I wrote about how The Mortgage Forgiveness Debt Relief Act had been extended to the end of 2013. In short, the Act states that homeowners who sell their primary residence in a […] Read more »
30 Famous Money Quotes
Just for fun this week, I did some searching on the Internet, and here are some fun quotes about money that I thought you would enjoy. __________ 1. “Early to bed, early to rise, keeps […] Read more »
How Much Life Insurance Do I Need?
Written on July 17, 2013. If you do a search online asking, “how much life insurance do I need,” you’ll find an endless amount of material. Some information will be good, some will be bad, most will […] Read more »
8 Facts to Know if You Receive an IRS Letter
Let me start this article by saying that if you receive a letter form the IRS, please don’t hestitate to contact me – that’s what I’m here for. —– Getting a letter from the IRS or […] Read more »
The IRS does NOT Know Your Email Address or Cell Phone Number!
Written on July 02, 2013. Every once in a while, I get a question from a client asking if an email they received from the IRS is real. My answer is always the same, “no.” The following […] Read more »