If you plan on using your vehicle for business, medical appointments or moving during 2018, make sure you know the standard mileage rates have changed. The standard business mileage rate increased to 54.5 cents per mile (up from 53.5 cents in 2017). The medical and
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Don’t forget that Jan. 31 is an important due date if you own a business, or have a side business in addition to your regular job. Avoid fines by making sure Forms W-2 and 1099-MISC are postmarked or sent electronically by this date to the
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Simply said, your beneficiary designations are important. It’s just as important to keep your list up to date. Consider making it a priority or things might not go as you planned.
If you want to get your 2017 tax refund as quickly as possible, don’t use snail mail. The IRS asks taxpayers to electronically file 2017 tax returns, and to sign up for direct deposit. Doing this greatly reduces the possibility of lost, stolen or undeliverable
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Congress has passed tax reform that will take effect in 2018, ushering in some of the most significant tax changes in three decades. There are a lot of changes in the new bill, which was signed into law on Dec. 22, 2017.
For college graduates, it’s becoming more common to leave school with tens of thousands of dollars of student loan debt. It can be daunting, but not insurmountable. The best way to tackle your debt is to create a budget – and stick to it. It
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If you’re not sure where your Social Security benefits stand, you have a way to check. Each year, you should automatically receive a personal Social Security statement three months before your birthday. It shows your year-by-year earnings and estimates of your retirement. It also shows
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Don’t let a thief turn you into a festive fool this season. Follow these tips to avoid holiday shopping fraud, whether you’re buying online or at your local mall.
With an installment sale, you may be able to lower your total tax on the sale of the property by spreading the income over several years. In addition, the buyer will typically pay a rate of interest to you on the remainder of the amount
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