by mariettacp | Sep 22, 2016 | Money Tips
Violent weather can wreak emotional and financial havoc. If your home, vehicle, or other personal property is damaged or destroyed by a sudden, unexpected casualty, an itemized tax deduction may help ease the financial burden. In most cases, you claim a casualty loss...
by mariettacp | Aug 29, 2016 | Money Tips
Once you have extended credit to a customer, you have a stake in continuing the relationship even if you suspect trouble is brewing. You don’t want to crack down on a good customer too hard too soon; yet you don’t want to be “taken” by a debtor...
by mariettacp | Aug 24, 2016 | Money Tips
After your death, the disposition of retirement accounts, life insurance policies, annuities, and accounts at financial institutions are governed by beneficiary designations. If those designations are outdated, unspecific, or wrong, your assets may not be distributed...
by mariettacp | Aug 22, 2016 | Money Tips
Are you thinking of returning to your childhood home to live with your parents? Although heading home after graduation or a divorce may feel like a setback, a temporary return to living with your parents can present opportunities to improve your financial situation....
by mariettacp | Aug 17, 2016 | Accounting News, Bookkeeping, Money Tips, Tax Planning, Tax Preparation
When you pay for clothes in a store or dinner at a restaurant, you might use either a credit card or a debit card. In your mind, they may be the same. But there are differences to be aware of. For example, with a credit card, the money is not immediately withdrawn...
by mariettacp | Aug 15, 2016 | Money Tips
Are you going to school this fall to earn an advanced degree or to brush up on your work skills? If so, you might be able to deduct what you pay for tuition, books, and other supplies. If you’re self-employed or working for someone else, you may be able to claim...