Cash In on Global Wealth: How Working Abroad Can Slash Your Tax Bill and Expand Your Horizons
Finance Tips, Personal Finance, Tax TipsArticle Highlights:
Qualifications
Tax Home in a Foreign Country
Foreign Earned Income
Bona Fide Residence Test
Physical Presence Test
Foreign Housing Exclusion and Deduction
Married Couples
Self-Employed Individuals
…
Tax Benefits For Parents
Personal Finance, Tax Credits, Tax Planning, Tax TipsArticle Highlights:
Child Tax Credit
Earned Income Tax Credit
Head of Household Filing Status
Child Care
Education Savings Plans
Education Tax Credit
Education Loan Interest
Child’s Medical Expenses
If you are…
How Understanding the ‘Rule of 72’ Helps You Make Personal Finance Decisions
Personal FinanceThough everybody wants their money to grow, few people understand the best way to make that happen. It’s all about where you choose to put your money and the rate of growth you’re able to achieve over a period of time. When you’re trying…
3 Reasons Paying Your Bills Early Will Benefit You
Debt, Finance Tips, Personal FinanceIf there’s anything we all learned from 2020, it’s that things can change in a heartbeat and that the unexpected can create real havoc. Though there’s nothing you can do to stop fate’s freight trains from barreling down the tracks, there…
4 Ways to Stop Your Overspending
Debt, Finance Tips, Financial Planning, Personal FinanceIf opening your credit card bills, your checkbook, or your wallet are traumatic events, you may have a problem with overspending. It’s nothing to be ashamed of, and you’re certainly not alone, but there’s a good chance that it is keeping…
Wealth Transition and Succession Planning: Best Practices for Businesses During COVID-19
COVID-19, Personal Finance, Small Business, Succession Planning, Tax PlanningRegardless of the type of business you're running, it's safe to say that you've likely already been impacted by the ongoing COVID-19 pandemic that is making its way across the globe. With no complete end to the situation in sight, many have…
Here Are the Best Personal Finance Podcasts You May Not Know About
Personal Finance, PodcastsEven as recently as a decade ago, most people listened to their radio shows in the exact same way — on the actual radio. Fast forward to today, and the world of podcasting has absolutely exploded, changing the way we think about broadcasting…
Should You Have an Identity Protection PIN?
Personal FinanceWith the passage of the Taxpayer First Act in mid-2019, the Treasury Department (i.e., the IRS) is required to establish a program to issue an identity protection pin (IP PIN) to any U.S. resident who requests one. For each calendar year beginning…
6 Simple Personal Finance Tips That Lead to a Big Payoff
Personal FinanceLet's face it: A lot of personal finance advice seems to be incredibly repetitive and common sense — like paying off your debt ASAP and watching your discretionary spending when money is tight. Much money-saving advice also tends to be geared…
Personal Finance Tips for Recent College Graduates
College, Personal FinanceCongratulations! You've worked hard on your degree and are ready to move forward with your first job and other major life decisions. While your degree and this first job don't necessarily set your life in stone, now is a crucial time to start…