There are actually multiple answers to this question. There is what the bank says you can afford and there is the amount you really should be financing to ensure that you would be able to keep up the payments without fail. Other factors to consider include the amount of other outstanding debts you may have. […]
Archive | 2013
Important Tax Deductions for the Self-Employed
November is National Entrepreneur’s Month, and a good time to look at some of the tax implications of being self-employed. There are actually quite a few ways that an entrepreneur can legally reduce their tax burden and this applies both to those that own and operate a full time business and those that do it […]
Should I List My Home During the Holidays?
As we approach the holiday season, the usual slowing in the housing market is occurring. The holidays are typically a slow time for the real estate market but there are still opportunities for those trying to get their home sold before the end of the year. There are still several factors working in the favor […]
Guidelines for Foreign Bank Accounts and Tax Reporting
Businesses and individuals operating foreign bank accounts should pay close attention to whether they are required to report this financial data. The IRS has guidelines in place that determine whether someone should be disclosing this information while filing their tax returns. If you feel like you may be required to report this as taxable income, […]
September is Life Insurance Awareness Month
Anyone who has followed this blog for any length of time knows that I am passionate about life insurance. I wanted to take some time to talk about why I am so passionate about life insurance since it’s Life Insurance Awareness Month. First, let me start by addressing the fear factor. By this I mean […]
The Tax Implications of Online Currencies
Virtual currencies are a growing phenomenon in the online world. These digital currencies are mostly used to buy and sell virtual property. Some are referred to as “hybrid†currencies, which can actually be used to buy real world goods through an online transaction. One of the most popular of these hybrid currencies is called BitCoin. […]
Completing Your Education: The Benefits of the Lifetime Learning Credit
Many people are unaware of the provisions in the U.S. tax code for those that seek higher education. Because the government wants to encourage a more educated population (even for those that have been out of school for a while), there are certain credits available to offset your tax burden. One of the best known […]
Lower Interest Rates Equals More Home For The Money
Today’s interest rates have been at record lows, which has in part been fueling a strong housing recovery in Arizona and several other areas of the country. People are finally jumping back into the market, sensing that there may never be a better time to lock in these kinds of interest rates. While buyers know […]
