Today’s top story: Everything you need to know about the Earned Income Tax Credit. Also in the news: Saving for your wedding, double checking your 1040, and why deducting medical expenses isn’t as easy as you’d think. Earned Income Tax Credit: The Basics What you need need to know about this important tax credit. How […]
Recent Blog Posts
Investing Made Easy
Dear Liz: This is going to sound like a stupid question but here goes: I keep hearing different percentages for amounts I should invest for retirement and other goals, such as “put X% in stocks and Y% in bonds.” But which stocks and which bonds? Is it as simple as a purchasing a broad market […]
Triggering the Gift Tax
Dear Liz: In 2007, my parents signed over their house deed to my name. Does this trigger the gift tax? They never filled out a gift tax form. Is it too late? Dad has passed on but Mom is still with us. She has Alzheimer’s disease, and I have her power of attorney. Are there […]
Friday’s need-to-know money news
Today’s top story: You cannot hide from debt collectors. Also in the news: Why you’re losing money with your savings account, the most important document you’ve been ignoring, and how to talk to your child about your finances. Why You Can’t Hide From Debt Collectors They specialize in relentless. Why you’re losing money by stashing […]
Thursday’s need-to-know money news
Today’s top story: How many accounts are too many on your credit report? Also in the news: What your car is really costing you, how to manage your money in your 30’s, and it’s time to spring clean your finances. Do I Have Too Many Accounts on My Credit Report? The answer may surprise you. […]
Wednesday’s need-to-know money news
Today’s top story: How credit cards can hurt your credit without charging a dime. Also in the news: Protecting yourself from tax scammers, top 10 tax tips for individuals, and five things that could trigger a larger tax bill. Why Applying for Lots of Credit Cards Can Hurt Your Credit Hard inquiries can lower your […]