by mariettacp | Jun 13, 2013 | Money Tips
One day you may find yourself taking care of an elderly parent who is in declining physical or mental health. This can be stressful, both emotionally and financially. On the financial side, there are steps you can take to prepare for this situation. * Talk to your...
by mariettacp | Jun 6, 2013 | Money Tips, Tax Tips
With the school year over, your teenager might be taking a summer job. If so, you both may have questions about taxes. Here are some of the common concerns. If your child chooses a typical wage-paying job, he or she will soon be confronted with the task of calculating...
by mariettacp | Jun 5, 2013 | Money Tips
Here are the rules to help keep you from becoming a credit card victim. Credit cards should be a convenience for payment, not a source of credit. This requires that the entire balance due on the card be paid each month. If the entire balance is not paid on any month,...
by mariettacp | Jun 3, 2013 | Money Tips
Are you looking for a way to help your child with buying a home? Some strategies you might consider include lending your child money, gifting under the annual gift tax exclusion, pledging securities, and equity sharing. Assuming you have enough liquid assets, you can...
by mariettacp | May 31, 2013 | Money Tips
Once you've filed your 2012 tax return, you may wonder what records you can toss and what you should keep. Here are some suggestions. Keep records that directly support income or expense items on your tax return. For income, this includes W-2s, 1099s, and Form...
by mariettacp | May 29, 2013 | Money Tips
What should you do if you find that you made a mistake on your 2012 tax return after it's been filed? Perhaps you find that you missed a big deduction. Perhaps you receive a late notice of income you earned. Or perhaps you receive a corrected Form 1099 from your...
