In a survey by BadCredit.org, 62% of respondents said that they would be willing to turn to unconventional living arrangements to save money. Respondents said that they would take steps such as moving back in with their parents or co-living with a former partner to alleviate financial pressures. Even more surprising, 27% of respondents said […]
Category: Personal Taxes
Key Reasons A Will Is Disputed & How to Prevent It
Did you know that your family and/or friends have the right to challenge your will during probate proceedings? They are even entitled to object to its validity and various aspects of the inheritance left behind. As you can imagine, this can become very complex very quickly. If you believe a will inaccurately depicts the mental […]
Ways to Cut Your Home Insurance Costs Now
Bankrate reported that the average cost of homeowners insurance in the United States in January of this year stood at $2,181 a year for a policy with a $300,000 dwelling limit. This means that homeowners are paying an average of $182 each month. However, this is just the national average. You may be paying significantly […]
Your Ultimate Guide to Navigating Schedule D
Schedule D is the IRS tax form that reports your realized gains and losses from capital assets — investments and other business interests. You detail the total purchase price of assets, what they were sold for and whether they were held for long term (more than a year) or short term (less than a year). […]
Retirement Plan Limits Rise in 2025: What You Need to Know
Your max contributions to 401(k) plans for 2025 increase to $23,500, up from $23,000 for 2024, according to the IRS. The tax agency also issued technical guidance regarding cost-of-living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2025. The limit on annual contributions to an IRA remains $7,000. The […]