The IRS $600 Rule, Simplified
There seems to be a lot of confusion around the IRS $600 rule for payments processed on third-party networks. Which should surprise no one; confusion and the IRS have a long history.
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Keep Your Wallet “in the black” this Black Friday
November is a month for turkey, pumpkin pie, and cranberry sauce. For leaves piled so high you could dive right...
Stay Focused and Change Some Money Attitudes During Inflation
Inflation decreases purchasing power by driving up prices. You might consider altering your finances during times of high inflation. Investors...
Lessons for College Kids: Three lessons to give your children before college.
One of the most stressful moments of a parent’s life is letting go, allowing your children to walk on their...
What Is a 529 Plan?
Do you have children? If so, you’ve likely spent time wondering how you’re going to pay for their college education.
I’m Confused — What the Heck is a 401(k), IRA, and Roth?
Roth—401(k)—IRA—oh my! What do all these numbers and letters mean anyway? Perhaps you know that they have something to do...
Student Loans and Marriage: Good Communication Helped Us Tackle Massive Debt
My wife, Tori, and I started dating about a decade ago. Little did we know then that we would face...
4 Tips for Deducting Charitable Donations from Your Taxes
It can be a stretch for households to donate to the less fortunate during the holiday season, but as the…
Teaching Your Kids about Money, Part 1
Tackling this issue is on the forefront of agendas for many non-profit and financial institutions alike but as we noted...
Five Steps to Cutting the Financial Umbilical Cord
One of the biggest impediments standing in the way of retirement for today’s baby boomers is their children. Everyone knows...
Eating the Estate Planning Elephant… One Bite at a Time, Part I
No one wants to look at it, no one even wants to think about it, yet there it looms —…
Teaching Your Kids about Money, Part 2
In part 1 of this blog series, I outlined 13 best practices for teaching kids about money that I recommend…
Red State of Mind: Getting out of a debtor’s mindset
Getting into debt is one of the easiest things in the world for someone living in contemporary America. Every time…