I’ve been unemployed for a while because of this recession and am way behind on my bills. Should I try to settle my debt? Debt settlement is one way to get out from under a mountain of bills. But it’s…
Year: 2019
Keep Your Credit Card Issuer from Cancelling Your Card
Your credit card issuer is the company that issues you your credit card. Sometimes your issuer may be a bank like Chase or Capital One, a credit union, or a credit card company like Visa or Mastercard. Your credit card…
Are You Missing Out on the Saver’s Tax Credit?
Are you or someone you know overlooking one of Uncle Sam’s most generous tax breaks—the Saver’s Tax Credit? It lets low- to moderate-income workers who are saving for retirement reduce their federal income tax bill by as much as $2,000 ($4,000…
Is Credit Card Interest Tax Deductible for My Business
Individuals and businesses use credit cards every day. Both earn rewards points that make paying for needed items easier. But if you’re a business owner, your business credit card has expenses and fees attached to it. Thankfully, some of those…
11 Tips on How to Maximize Your Tax Return
The one not-so-pleasant—and even somewhat stinky—part of spring is that your taxes are due. That, of course, could be pleasant if you’re getting a refund. But, not so much if you’re not. Fortunately, there are ways to maximize your return…
5 Ways You Can Prepare for a Financially Healthy New Year
The new year is a time to reflect on the good, the bad, and the “just okay” financial decisions you’ve made in the past. Fortunately, it’s also a time to think about your future. Think of 2019 as an opportunity…
What Is an Amortization Schedule?
Amortization is an accounting term. At the highest level, it means to spread out expenses over time. In business, it means to spread out expenses for assets over time for tax and/or accounting purposes. For banking, it means to pay off…
How Maine Can Help You Pay Off Student Loan Debt
What about getting your student loans paid off? You can have it all…if you move to the state of Maine. That’s right; Maine is willing to help you pay off your student loan debt. According to CNN, “the northeasternmost US…