Making Finances Simple. Changing Lives.
We’re generally not ones to provide investment advice, as we leave that to the financial advisors! However, with inflation on everybody’s mind these days, we thought we’d share an inflation hedge for surplus funds you may have sitting idle earning next to nothing in savings accounts…
It’s no secret mortgage rates have gone up considerably. In fact, since January 1st, rates have increased more than 2%! It’s the fastest rate rise in several decades. What does this mean for you?
We’ve received a lot of questions about the tax ruling saying the IRS will require 1099’s on all payments over $600 through Venmo and other payment platforms. Here’s why you likely don’t need to worry…
Tax season is always a time where scams are more prevalent. And with all the talk of cyber attacks due to the events going around our world right now, it’s important to know how to protect yourself…
In recent years, home values have shot through the roof. As a result, many have sold, or are considering selling their rental real estate properties. But is this a good idea?
We generally think of taxes being owed on earned income and investments, not the sale of a car. But with recent inflation and things like cars going up so much in cost, some cars are actually selling at a profit…
Over the last couple years, the IRS has sent millions of erroneous automated letters to tax filers, causing mass confusion and frustration. However, there's help on the way…
The party appears to be over with all-time low rates . With rates increasing more than one full percent since the New Year, the trend has moved to an upswing. How will this affect fixed rates and adjustable-rate mortgages (ARM’s) moving forward?
Inflation is a major topic these days. You can’t access your TV, radio, or internet without hearing about it…let alone view your expenses without noticing an uptick. Here's what you can do about it…
Here’s our annual update on changes with tax & financial data from the previous year. Click below for our expansive Tax & Financial Data form for the 2022 tax year (click on the image to view larger version).
NOTE: the form is double-sided with key data on both sides.
We’re Now Licensed for Home Loans in Idaho…All States for Taxes
Home prices keep going up, so Fannie Mae & Freddie Mac once again increased conventional loan limits.
Well, the only constant is change…and that’s the theme once again as we near the close of another year…
There are several considerations when deciding on reinvesting dividends. It’s important to understand the implications before executing your specific strategy.
We’re in the midst of one of the craziest Real Estate markets on record. Buyers are feverishly competing for homes; some are more prepared for the battle than others. Those are the ones winning. Read below to see how you can win…
Most people who have Health Savings Accounts (HSA’s) use the account to pay medical expenses that occur each year. For many folks, this is potentially a huge mistake. There’s a better strategy!!
Everybody knows we’re in the midst of an absolutely insane real estate market. Home prices have been rising for years now, and COVID only accelerated those increases due to interest rate decreases and supply/demand imbalances. This has created significant issues for buyers!
The American Rescue Plan Act (ARP) that went into law this past March expands the existing Child Tax Credits. The credits are now increased and advanceable. But should you take advantage of having the credits paid in advance of your tax return filing?
The American Rescue Plan (ARP) made a change to the Premium Tax Credit rules for healthcare. Those who receive excess credits during the year usually have that reconciled and repaid through their tax return filing…
Over 10 million taxpayers filed their tax returns before the American Rescue Plan was enacted this past March, which excluded some unemployment income from being counted as taxable income. Read on to see what the IRS is doing about these returns…..
It sounds great to get a phenomenal deal on a home with good bones in a great neighborhood. But it’s critical to be realistic about the nature of fixer-uppers…
For years the IRS has taxed unemployment as ordinary income. However, the American Rescue Plan Act of 2021 made some changes to unemployment taxation…..
Yet another stimulus was passed in mid-March to give many Americans more relief from financial setbacks related to the COVID pandemic…..
Since the onset of COVID and the 2019 tax filing season, taxpayers have been seeing delays in receiving their refunds. So what can you do if you’re one of the many experiencing this delay?