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Do I Qualify for Earned Income Credit While on Unemployment? Receiving unemployment benefits doesn’t mean you’re automatically ineligible for the Earned Income Credit, but there are other requirements you’ll also need to satisfy to claim the EIC. As the name implies, to be eligible for the Earned Income Credit you must “earn” income such as […]
5 common ways to lower your taxable income in 2022 Reducing your taxable income means you will have a smaller tax bill at the end of the year. For each dollar you earn from your employer, you must pay a certain amount in taxes based on your level of income and where you live. However, there are many […]
Even at Home, Put an End to Procrastination at Work Keeping procrastination at bay is hard—especially when you work from home. Use these tips to put an end to procrastination at work finally. At a certain point during the pandemic, we all realized the way we work has changed forever. If that meant you’d be […]
The Effect of Inflation on Home Buying If you’ve read the business section of any website or newspaper lately, it seems like inflation is the topic that’s on the tip of everyone’s tongue. The impact can be seen on everything from the price of soft drinks to gas. However, if you’re looking to buy a […]
Investment Income Dividends What are Dividends? Dividend income is money paid to you due to a surplus, benefit, or bonus on investments, such as mutual funds and companies in which you own stock. What Paperwork Do I Need? Most dividend income is reported on Form 1099-DIV. However, you may find dividend income on a consolidated […]
Interest Income What is Interest? Interest is money paid to you from interest rate earnings from investments such as bank accounts, mutual funds, and companies in which you own stock. What Paperwork Do I Need? Most interest income is reported on Form 1099-INT. However, you may find interest income on a consolidated broker’s or financial […]
Credit Cards with Annual Fees: Are They Worth It? When shopping for credit cards, you may be surprised at the steep annual fee for some of the premium cards out there. Those gold-star benefits do come with a price: in some cases, several hundred dollars and upwards. So, when is the annual fee worth it? […]
Money-Saving Challenge: 30 Types For Every Personality in 2022 When it comes to saving money, whether it’s for a short-term goal, such as a trip, or for a long-term one, such as a retirement fund, there are many budgeting strategies to choose from. Starting a money-saving challenge can be a good strategy to save money […]
You probably had to pick a career field early in life, but what happens if you later realize it’s not right for you? If you’re wondering how to start a new career, either later in life or after trying different jobs, you’re not alone. In 2021, an increasing number of people started to rethink their […]
How to Choose a Side Hustle for Your Lifestyle If you’re like one of the many people looking to be an entrepreneur, you might be wondering how to choose the best side hustle. While there is no one and only perfect side hustle that fits everyone, there are a few questions you’ll want to ask […]