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How to Set a Financial Goal with Mint We all have goals we want to achieve, but it’s easy to postpone working toward them while waiting for the “right moment” to get started. Sound familiar? The truth is, you don’t have to wait for the New Year, the beginning of the month, or your birthday […]
New tax rules may mean bigger refund for young workers and retirees with side jobs The woman had Social Security benefits, a tiny pension that amounted to less than $1,000 for all of 2021, and she earned around $2,500 working as seasonal help at a local store. “She wanted to make sure her friends and family […]
Paying Yourself IRS Rules The procedures for compensating yourself for your efforts in carrying on a trade or business will depend on the type of business structure you elect. Below are topics that frequently arise when new business owners ask the Internal Revenue Service questions about paying themselves. Corporate officers An officer of a corporation is generally an […]
Why and how to set up a blog on an ecommerce site Why do so many ecommerce sites have a blog? Is that because online shop owners love to write posts? Or do they have a lot of spare time on their hands? Probably not. Although blogging is a lot of fun, it is also […]
Salary vs. owner’s draw: How to pay yourself as a business owner You love your business, but that doesn’t mean you can afford to work for free. Yet, figuring out how to pay yourself as a business owner can be complicated. You need to think carefully about how you take money out of your business […]
How long will my tax refund take? More than 90 percent of tax refunds are issued by the IRS in less than 21 days, according to the IRS. However, the exact timing of receiving your refund depends on a range of factors, and in some cases, the process may take longer. If you’re owed a […]
Is it Worth it to Buy vs Lease a Car? Unless you live somewhere like New York City or another dense urban city with excellent public transportation, chances are you’ll need a car to get to work, school and other locations. When looking at your different options, you might wonder if it is worth it […]
Bad Deal at the Car Dealership? Here’s What You Should Know. Oops, you realized you may have gotten a bad deal at the car dealership. Maybe it was an impulse purchase, or a very convincing salesperson persuaded you to go beyond your budget. Or perhaps you’re now struggling to pay your other bills after purchasing […]
Labor Department offers unemployment recovery guidance Tens of millions of Americans were laid off in the early waves of COVID and got emergency pandemic jobless benefits authorized by Congress. But the state systems that administer unemployment insurance were outdated and overwhelmed, and in the scramble, some who were eligible were denied benefits. Others got approved for benefits […]
This is Your Reminder to Do an Annual Subscriptions Audit Checking all your regular expenses is an important part of keeping your finances healthy. Too often, people sign up for a monthly subscription for a gym membership, subscription box, or premium membership and then stop using it. Without regularly keeping track of what you’re spending […]