Nearly half of all gifts to be bought on Amazon for holiday season

Malls are not the only places for holiday shopping. According to one report, holiday shopping on Amazon will be the place to be this season. In fact, about 42% of online shoppers are expected to purchase all or most of their gifts via the popular marketplace this year, according to [...]

By |2019-10-30T14:52:30-08:00October 31st, 2019|Lifestyle|Comments Off on Nearly half of all gifts to be bought on Amazon for holiday season

IRS: tax professionals should renew PTINs now for 2020

If you haven't done so yet, the Internal Revenue Service is urging tax return preparers to begin the upcoming 2020 filing season now by renewing their Preparer Tax Identification Numbers now. All current PTINs are set to expire on Dec. 31, 2019. “Last year we issued more than 813,000 PTIN’s [...]

By |2019-10-27T15:17:33-08:00October 29th, 2019|Finance|Comments Off on IRS: tax professionals should renew PTINs now for 2020

About 60% who have lived in a haunted house said they found out after moving in

Would you consider living in a haunted home or would you run as far away as possible once you knew it was haunted? Nearly 60 percent of people who have lived in a haunted house didn't know it was haunted before they moved in, according to the realtor.com, fourth annual [...]

By |2019-10-23T15:34:36-08:00October 24th, 2019|Real Estate|Comments Off on About 60% who have lived in a haunted house said they found out after moving in

IRS has important tax info for military families

During October the Internal Revenue Service wants to remind honored military families they may qualify for specific and important tax rules and benefits. October is often associated with National Work and Family Month which was established in 2003 by a Senate resolution. October was chosen to help communicate and celebrate [...]

By |2019-10-19T14:30:31-08:00October 22nd, 2019|Finance|Comments Off on IRS has important tax info for military families

Majority of parents aren’t talking with kids about money

While it may seem strange or premature to talk with your kids about finances, student debt, loans and the like, these are topics you will want to address at some point. But you're not alone when shying away from these types of discussions. A recent study reveals teaching financial education [...]

By |2019-10-16T14:04:24-08:00October 17th, 2019|Student Loans|Comments Off on Majority of parents aren’t talking with kids about money

IRS: tips for taxpayers who engage in virtual currency transactions

As part of a bigger effort to help taxpayers and to enforce the tax laws in a fast-moving area, the Internal Revenue Service recently issued two new pieces of guidance for taxpayers who engage in transactions involving virtual currency. Expanding on guidance from 2014, the IRS is issuing additional detailed [...]

By |2019-10-12T14:34:48-08:00October 15th, 2019|Finance|Comments Off on IRS: tips for taxpayers who engage in virtual currency transactions

‘Feed the Children’ tackles hunger around the world

Billions of people around the world lack the nutrients their bodies need to lead an active and healthy life. Feed the Children – an international anti-hunger organization – is celebrating World Food Day with a goal of raising $100,000 to further support its important work to make a meaningful difference in [...]

By |2019-10-09T16:20:19-08:00October 10th, 2019|Lifestyle|Comments Off on ‘Feed the Children’ tackles hunger around the world

Info for teachers about deducting out-of-pocket classroom expenses

Ah, crisp afternoons, cool evenings, apples, cider, and falling leaves. Now that autumn is in full swing and school is in session, many teachers are reaching into their own wallets to purchase classroom supplies. While a nice gesture for their students, making this a regular practice throughout the school year [...]

By |2019-10-06T14:37:01-08:00October 8th, 2019|Finance|Comments Off on Info for teachers about deducting out-of-pocket classroom expenses

Median-priced homes still affordable for average wage earners

If you thought homes were affordable for average wage earners, guess again. ATTOM Data Solutions released its Q3 2019 U.S. Home Affordability Report, which shows median home prices in the third quarter of 2019 were not affordable for average wage earners in 371 of 498 U.S. counties analyzed in the [...]

By |2019-10-02T15:17:49-08:00October 3rd, 2019|Real Estate|Comments Off on Median-priced homes still affordable for average wage earners

IRS: safe harbor lets rental real estate qualify as business for qualified income deduction

Good news for landlords or those who rent out homes, apartments, condos or townhouses. The Internal Revenue Service recently issued Revenue Procedure 2019-38 that has a safe harbor allowing certain interests in rental real estate, including interests in mixed-use property, to be treated as a trade or business for purposes of [...]

By |2019-09-30T13:56:17-08:00October 1st, 2019|Finance|Comments Off on IRS: safe harbor lets rental real estate qualify as business for qualified income deduction