The Money Edge (27)
So you or your baby has completed college. Congratulations to you both! But now what? Where is the smart money path? Here are a few tips.
A financial plan covers your entire financial picture: your assets and liabilities, your risk management, your financial goals and whether or not they are realistic. Financial advisors offer plans, and because they are so extensive, there is a cost to have one developed for you. Here are some of the parts that comprise a good financial plan.
Where’s my refund? You’re not alone in wondering; the IRS site for checking on refunds cautions that heavy use may limit its availability.
Tax season has had an unusual start. Very few returns were accepted prior to Jan. 30. Returns requiring a depreciation form were not accepted until Feb. 11. Returns claiming educational credits were delayed until Feb. 14. Residential Energy credits and Adoption Credit returns weren’t accepted until March.
You’ve got a young and growing family and wonder about saving for your precious one’s college education. I mean, she can be whatever she wants to be, so long as she’s happy, right? If that means a post-secondary education, are you thinking of helping with the costs? How do you save, and what vehicle might be good for your family?
Whether you’ve just gotten your first W-2 or have been filing for years, there are a few questions everyone asks.
Why did I get this “Important Tax Form”?
Every tax form you receive has also been sent to the IRS. Some forms, like W-2s and 1099s, list income you need to report. Forms starting with “1098” or “5498” often list potential deductions.
It's February and love is in the air. Celebrating Valentine's Day really focuses my mind on love - and money. I think about my beautiful gender and how we think about finances, and I worry about us women.
The growing field of behavioral finance examines the differences in men and women and money. And as a woman, there is reason for worry.
The Federal Tax Code and the impact of the fiscal cliff received most of the publicity recently. But Maine also has changes affecting your take home pay and 2012 tax preparation. Some of these changes affect everyone having taxes withheld. Others affect fewer filers, but can have a big impact on their Maine taxes.
You want to be financially awesome, and you like simple ways to achieve your goals. Well, chummy, here are five simple steps to financial awesomeness. With this caveat: I say these steps are simple, and they are. But if financial awesomeness were easy everyone would be awesome and sadly, they’re not.
But everyone could be awesome. Because these steps just take a little of your abundant stubbornness used for good; a bit of determination in the face of temptation and a willingness to forgive your wonderful self when you fail. Listen to me: I know you can do this, my friend. I believe in you.
Negotiations for the “fiscal tax cliff” concern mostly 2013 tax rates, deductions and credits. But there are several stumbling blocks ahead affecting 2012 taxes; the taxes to be filed starting in January.
The next few months will be filled with opportunities to celebrate with friends and family.
Celebrating any event or holiday is about the time shared together and the affection of loved ones. It is not about lists, or things to do, and NOT about stress - especially the stress of finances.
And yet, the stress of finances can be a real issue. Costs for many items, like food, are rising. Feeding the hungry hordes this season can cost some serious money. So let’s think about ideas on enjoying a beautiful and frugal holiday meal.
Website CMS and Development by Links Online Marketing, LLC, Bangor Maine