Solutions to Make Better Decisions with Your Taxes and Money

It’s Taxable: Report Your Tip Money as Income

If you work at a job where you normally receive tips, you understand how that money can quickly become an important part of your income. However, according to the Internal Revenue Service (IRS), tip money is also taxable. For that reason, it’s important to know how the IRS expects you to report tip income, so […]

How to Save for Retirement When You’re Self-Employed

Being your own boss comes with a variety of perks. But it also forces you to handle work typically taken care of by a human resource or finance department. For example, you have to find your own health care plan and deduct taxes from your paycheck. And, when it comes to saving for retirement, it’s your responsibility to start a savings fund.

9 Ways to Save Money on Your Wedding Day

Weddings are known as a once in a lifetime event. But, while choosing the perfect venue and finding a beautiful gown are important, it’s probably best for your wedding day to not cost your entire life savings.

The Beginner’s Guide to Form W-4 and Tax Withholdings

amy.ba When you start a new job as an employee, your new employer typically asks you to complete Form W-4, Employee Withholding Allowance Certificate. This document is a two-page form from the Internal Revenue Service (IRS). It tells your employer how much money to take out of your paycheck to cover income taxes.

What to Expect When You Meet with a Financial Advisor

Whether you’re struggling to reach your financial goals or have a good start toward wealth prosperity, meeting with a financial advisor is a great way to determine a long term money strategy for you.

4 Ways to Manage Old Employer-Sponsored Retirement Plans

If you’re like most Americans, you’ve changed employers a few times throughout your working career. In fact, the average person switches jobs 12 times during his or her lifetime! While job hopping can get you a variety of experience, it can also create some complexity managing your finances – specifically when it comes to the […]

First Time Homeowners: Adjust Your Tax Withholdings

If you recently bought your first home, you probably heard you can reduce your tax liability by deducting your home mortgage interest and property taxes on your return. However, there’s no need to wait until you prepare your taxes next year to find out how much money you’ll save. In fact, you can put more […]

Travel Hack Your Summer Vacation to Save Money

The term travel hacking sounds shameful at worst and like a scam at best, but travel hacking is simply taking advantage of the sign-on bonuses credit card companies offer in order to subsidize the cost of a trip. The risk, of course, is finding yourself overspending and creating credit card debt.

Keep More of Your Money: Adjust Your Tax Withholdings

Every year millions of Americans jump for joy when they receive their tax refund from Uncle Sam. And, rightfully so. There’s nothing better than feeling a bit more financially secure when you see that “extra” cash hit your bank account. But, what you may not realize is that “extra” money was already yours to begin […]