Are you part of the 44 million people that have a 30-second commute by working at home? Statistics show that in 2005 nearly a third of the U.S. workforce regularly worked at home. Yet the IRS reports that less than one fourth of these at-home workers claim home office deductions. This could be because many don’t meet the IRS’s strict criteria for claiming the home office deduction. Still others may qualify but choose not to take the deduction because they think it may increase their chances for an audit. (more…)
Archive for September, 2009
Home Office Tax Deductions: Do You Qualify?
Thursday, September 24th, 2009How Much Can A Bad Credit Report Cost YOU?
Thursday, September 24th, 2009With over twenty-five percent (25%) of the credit reports containing errors serious enough to result in the denial of credit and an alarming seventy-nine percent (79%) of all credit reports containing errors of some kind, how do consumers know whether their report is accurate? “It is outrageous that inaccurate credit reports could damage 1 in 4 consumer’s ability to buy a home, rent an apartment, obtain credit, open a bank account, or even get a job,” Ed Mierzwinski, U.S. PIRG (Public Interest Research Group) Consumer Program Director stated in a recent report. (more…)
Signs Your Spending is Out of Control
Wednesday, September 23rd, 2009| You may be one of those people who don’t have a problem with debt. You pay your bills on time and in full. “I’d never be so stupid as to max out my credit card on a spending spree!” you might think. No, you might not. Is it possible, then, that a debt-free person could have a spending problem?Just because you almost always manage to keep your debt in control and your checking account is never overdrawn, does not mean that you might not be a chronic spender. (more…) |
Wealth Building 101 – The First Step
Wednesday, September 23rd, 2009How many people do you know who never give any thought to money except to complain about the lack of it? Where does one learn about money management and the accumulation of wealth? The unfortunate reality is that unless you were blessed with parents who really understood the financial principles that work, you probably weren’t exposed to wealth building strategies. (more…)
