Tis the season for New Year’s resolutions and one of the most popular is to get a handle on personal finances. The challenge is that Americans are increasingly being squeezed with higher living costs and stagnant or lower wages. To make up for the shortfall, we must be look for ways to save in other […]
Archive | 2015
Important Tax Consequences During Divorce
Divorce is not a topic most of us like to discuss. The unfortunate reality, however, is the divorce rate in our society has hovered around 50% for the past several decades. When marriages dissolve, there are a lot of issues that must be addressed. Among the most critical is the affect the divorce has on […]
Buying Life Insurance is a Wise Financial Decision
For more than a decade, the insurance industry has designated September as Life Insurance Awareness Month. Many may wonder why they block off a whole month to focus on one particular type of insurance. After all, there are no months dedicated to auto insurance, homeowner insurance, or health insurance, so why life insurance? The primary […]
Review of My Freedom Grocer
UPDATE: We no longer endorse My Freedom Grocer as the program has changed and we are no longer members so we do not have any accurate updates on the service or company. Several months ago I had the pleasure of meeting Fred Weih, the founder of My Freedom Grocer. When I first heard him talk […]
The Profit Mandate; How to Become a Profitable Steward
This is a guest blog post from our friend Trudy Beerman, author, radio host, and CEO of Profitable Stewardship, Inc. Christians in business or management this is for you. The parable of the Talents in Matthew 25:24-27, or the equivalent version on the Minas in Luke 19: 12-27, talks about managers who received money to run […]
IRS Penalty Relief: Reasons for “Reasonable Cause” Abatements
When you owe back taxes to the IRS, penalties are assessed for payments that are overdue. Naturally, the IRS is very hesitant to reduce or waive these penalties because they want taxpayers to learn a lesson for failing to pay on time. That said; there are several “reasonable causes” in which they may consider penalty […]
How to Get Your Free Credit Score
If you have ever applied for credit, the question will often come up about your credit or your credit score. Many people are not aware of how to get their credit score, so I am going to share a few ways. About Your Credit Score First, while you are able to get a free copy […]
7 of the Most Overlooked Tax Deductions
Throughout the complexities of the Internal Revenue Code, there are deductions available for many individuals. Most people are aware of the common deductions; such as home mortgage interest, property taxes, charitable donations, etc. There are other deductions, however, that could be applicable to many taxpayers but few people are aware even exist. Here 7 deductions […]
