While anyone can become a scam victim, fraudsters usually turn to one demographic above all others: older adults. Here’s a look at some of the more common scams that target older adults, along with some ideas to help stand up against these would-be thieves. The Top Scams That Target Older Adults According to the National…

Summer brings warm weather, fun outdoor activities, and new opportunities to earn some additional income. Taxes on seasonal income, however, need to be handled with care, whether they’re related to your child’s first job or an extra income opportunity for you. Here are some tips to help manage the taxes on your summer earnings: Take…

Procrastination is easy, especially when it comes to summertime tax planning. But waiting to implement strategies to reduce your 2023 tax obligations could cost you money. Here are some suggestions to help jumpstart your midyear review: Safeguard your deductions. Ensure you can take deductions by keeping great records throughout the year. You’ll need proof if you…

There is an old wisdom: Put a live frog in hot water and he’ll jump out.   Put a live frog in cold water, turn the burner on and you’ll have frog legs for dinner. This wisdom is not lost on some businesses as they know it’s easier to sell you a service once and…

Developing and maintaining great money habits can help you lay the foundation for achieving your financial goals. Here are some ideas. Establish a budget and review it at regular intervals. Create a workable budget every year then set aside time to review your budget periodically. This will help you think critically about where your money is…

You may be one of many Americans who plan to work into retirement. Some report they need to work because their savings declined over the past several years, while others say they choose to work because of the greater sense of purpose and engagement that working provides. Whatever your reason for continuing to work into…

Looking for a way to tackle insomnia? Read your homeowners insurance policy. Kidding aside, it’s worth the effort. This is especially important as insurance costs are going through the roof and too many surprises occur when you need your insurance after an event requires you to   file a claim.   Here are some areas…

March 15th is the tax-filing due date for calendar year S-corporations and partnerships. While this filing deadline does not require making a tax payment, missing the due date could cost you a hefty penalty. The penalty The penalty is calculated based on each partial month the tax return is late multiplied by each shareholder or…

The SECURE Act 2.0, passed by Congress in late 2022, features numerous ways for you to save more money in your tax advantaged retirement accounts. Here are several of the bill’s provisions and what they mean for you.   Money can continue to grow tax deferred. If you turn 72 in 2023 or later, you can…

While U.S. savings habits are improving, nearly 50% of Americans have no more than $500 in the event of an emergency. If you want to ramp up your savings, every little bit helps. Consider these 3 rules to jumpstart your savings and start building wealth. Create a budget. Track your expenses for one month to discover…