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How to Avoid Paying Capital Gains Tax When You Sell Your Home

Taxes are an inevitable part of the process when selling your home, but a few strategies and in-the-know tips can help you minimize the amount you pay on your profits – also called capital gains tax. What Is Capital Gains Tax? When you sell property for more than you...... Read More

401(k) Management: The Foundation for a Golden Retirement

The most common retirement plan offered by employers is the 401(k), which puts a portion of your paycheck, often along with an employer-sponsored incentive in the form of a percent match, into an account. You can set this account to a target date fund, or you can take a...... Read More

8 Tips to Stop Living Paycheck to Paycheck

More than three-quarters of full-time workers live paycheck-to-paycheck, and one in 10 workers making $100,000 or more say they’re stuck in the paycheck-to-paycheck cycle. If you’re managing to stash away funds for retirement and emergencies, living paycheck to paycheck isn’t necessarily concerning, but according to Bankrate, a quarter of...... Read More

How to Spring Clean Your Personal Finances

Spring cleaning is about taking stock of your belongings, analyzing what to keep, what to donate or sell, and what to clean or fix up. But don’t forget to extend your cleaning to your personal budget, finances, and paper files. Read on for a few tips to get started....... Read More

What to Do If You Owe Taxes to the IRS

So you filed your tax returns and discovered that you owe tax money to Uncle Sam. Now what? Whether you can afford to pay the balance in full now or you need some time to pay, below are your different payment options. When You Need More Time If you...... Read More

Last Minute Tips for Tax Season Mania

Tax season is officially upon us, and the April 15 deadline is swiftly approaching. If you’re a tax procrastinator, it’s time to buck up and get down to business / get to work. Rest assured you won’t be alone. One in seven Americans wait to file taxes until the...... Read More

Insights on Homeownership After the TCJA

In recent years, people have flocked towards homeownership instead of continuing to rent. With home values and rents on the rise, homeownership has become more appealing! In the past, one of the many perks of homeownership has been the tax savings that homeowners typically receive. However, under the Tax...... Read More

Potential Pitfalls of Early Retirement

Mark Twain said, “Find a job you enjoy doing and you will never have to work a day in your life.” Some of us find that perfect dream job, and some of us don’t. Regardless, even your dream job can wear on you after years in the same industry....... Read More

Potential Pitfalls of Early Retirement

Mark Twain said, “Find a job you enjoy doing and you will never have to work a day in your life.” Some of us find that perfect dream job, and some of us don’t. Regardless, even your dream job can wear on you after years in the same industry....... Read More

This is How Retirement Contribution Limits Are Changing for 2019

The Treasury Department announced that retirement plan contribution limits are increasing in 2019 due to inflation. Get ready to save. The maximum pre-tax contribution limit for an Individual Retirement Account (IRA) is increasing for the first time since 2013: from $5,500 to $6,000. The extra $500 annual investment will...... Read More