Deductions For Kids,
How To Do Your Taxes,
Kids And Taxes,
As you start to gather your documents and tally your receipts for your taxes, don't forget to write off your kids! There are many tax breaks you can claim with Uncle Sam if you have children and some you may not even know about.
Here goes: closing or canceling a credit card starts a snowball effect that will give your credit score a wallop it may not be able to stand.
It took a mandatory Securities and Exchange Commission filing, but McDonald's appears to have finally acknowledged the obvious in its recently-issued 2013 annual report: it may have to pay its workers more money.
Even when confronted with evidence that their attitudes and behaviors harm others, the response is a stark lack of empathy or insight and ruthless callousness. If that weren't bad enough, there's the vengeful intense anger and rapidly shifting moods to contend with.
It didn't take me long to realize what Chipotle was really doing by adding tofu (aka Sofritas) to its menu: It had cleverly devised a way to get vegetarians to pay more for a meatless burrito. Now, vegetarians can spend just as much as omnivores.
Merchants basically get it -- to many of them, Groupon looks less like an innovative advertising mechanism than a loan broker, arranging bundles of small loans from consumers, and taking a substantial cut... Consumers don't often see this side of the equation.
For those of us in the early part of our financial life-cycles, the little things can make a big difference. This is especially true for student loan borrowers like myself.
Taken together, these three steps -- creating accessible, affordable savings products, ensuring automatic enrollment and providing more effective incentives to save -- would vastly expand retirement security for our nation's working families.
If you're in a banking relationship that you're unhappy with -- of if you're looking to open a new account at an institution -- it's wise to figure out what you want from your bank. Maybe more one-on-one interaction would make you happy? Or is convenience at the top of...
Principal Financial Group,
When it comes to retirement, we could be talking decades. That's a long time to keep your eye on the prize and stay actively committed.
As the uproar over the CBO analysis demonstrates, the issue of whether jobs are gained or lost as a result of a minimum-wage increase depends largely on how we analyze the vast amount of research that has been conducted on the question over the past half-century.
The phrase "frozen assets" is one that strikes fear into the heart of many a wealthy citizen. Yet, for investors interested in protecting and passing on their wealth, there is a way to re-appropriate the concept of "frozen assets" in a beneficial and advantageous way.
Before the Affordable Care Act (ACA), there was no easy way to shop for a health insurance plan. But the ACA has standardized health insurance marketing, which makes it easier to compare plans "apples-to-apples." So now you can get right to it in just two steps.
I've seen clients get into financial trouble in spite of making high salaries. Some are doctors, lawyers, or engineers -- educated professionals who earn six-figure incomes. Strangely enough, though, education doesn't necessarily lead to sound financial decisions.
One person's "flexibility" is another person's "lack of stability." And one person's "stuck" is another person's "steady." The way you'll feel about buying vs. renting is very much in the eye of the beholder.
Calculating income taxes is a royal pain, even when your situation is uncomplicated enough that you can file a 1040EZ Form. And if you're self-employed, be prepared for extra layers of complexity.
The president wants to provide pre-kindergarten to every student and expand the existing Head Start program, which provides early childhood education to low-income families. The budget proposal would dedicate $66 billion over 10 years to this initiative.
I do not recommend families hide money or game the system to get additional financial aid. However, I do recommend that you know the financial aid rules, work within those rules and adjust your college planning accordingly.
Despite their freedom from financial concerns, pets can actually teach us some useful lessons about what to do--and what not to do--with money.
Doctors are bound by the Hippocratic Oath to first do no harm and while they may be very good, or even the best, at what they do, the continuing parade of breach announcements in the health care area is a clear indication that many haven't a clue when it comes to information security.