In general, deducting pet expenses on your tax return can get you into hot water with the Internal Revenue Service (IRS). Usually pet expenses will not hold up should the IRS audit you. However, specific cases exist that allow you to take legitimate tax deductions for spending on your...
Every three or four weeks, I take my coonhound, Charly, to her groomer, Antonio. He cleans her ears, brushes her teeth, shampoos her hair, clips her nails and, for the grand finale, ties a chic bandanna around her neck. All Charly needs is some oversized sunglasses and she’d look just...
Many of us can recall stories of parents and grandparents who spent 40-year careers working for a phone company or bank and retiring at age 60 with a defined benefit (DB) pension that supported them in their retirement with a monthly check for the rest of their lives. This...
Talk to your old man or your grandma and they'll nag you to the ends of the Earth about preparing for retirement. But while these money-saving tips seem smart on the surface, John Deglow, CFP, AIF, at Unified Trust Company, says the reality is many retirees live well below...
It is an exciting time when you start your new business. You have so many things to think of that you may forget one of the most important aspects — taxes. Before you dive into the business world, take a few minutes to consider the tax aspects of your new business. Your...
As you gather your receipts and W-2s this tax season, you may be inspired to tackle your overall financial well-being. Here are three books that can help. YOU ARE A BADASS AT MAKING MONEY Master the Mindset of Wealth By Jen Sincero 269 pp. Viking. (2017) According to this book, if you want to...
Technology can be super helpful when it comes to saving money— from apps that help you budget to online shopping tools that find you the best deals. But sometimes the best way is the old-fashioned way. Many old-school money-saving tips are still effective in today's technology-driven world, according to financial experts. Here...
Tip 1: Have a Plan Before you start your Spring cleaning, make sure you have a plan. Diving in without a clear path as to what you want to achieve can be tricky. Your plan should include retirement planning, and may also include other items such as paying off debt, home...
The chances are that those New Year’s resolutions to save more, eat better and exercise have fizzled out. That’s the problem with making impulse decisions when you are full of New Year bonhomie, rather than making concrete plans you’ve thought through and intend to stick to. If you are serious...
1) Timing Is Everything: Consider the travel before booking the flights for that bucket list trip. Prices can vary hugely based on time of year, whether you are travelling midweek or on bank holidays. Using an overview website like skyscanner.net can save you serious money when choosing the correct flight. 2)...
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