Do you find yourself overwhelmed at the idea of managing your money? Are you only living for today while ignoring what your bank account will look like tomorrow? Do you doubt your ability to create a personal finance plan for yourself that will lead you to success?
You're not alone. Many millennials want to start doing more with their money but aren't sure where to start. You can take control of your financial situation and empower yourself with knowledge. Here are six steps you can start taking right now.
Why do you need a CPA?
Certified Public Accountants (CPAs) act as advisers to individuals, businesses, financial institutions, nonprofit organizations and government agencies on a wide range of financial matters. Today, many individuals and businesses turn to CPAs for help with tax preparation, personal financial planning, auditing services, and advice on developing effective accounting systems.
Many workers face a dilemma very close to their planned retirement date. They want to keep working and saving to be sure they won't ever run out of money, but work frustrations and a desire to do other things keep reminding them they can probably get by quitting. Here are some things you should do as you get close to the retirement finish line.
Social Security benefits include monthly retirement, survivor and disability benefits. They do not include supplemental security income (SSI) payments, which are not taxable. The amount of Social Security benefits that must be included on your income tax return and used to calculate your income tax liability depends on the total amount of your income and benefits for the taxable year.
With high school seniors in the thick of college applications season, parents of teens everywhere are discussing how they're going to pay for their educations. Most families cobble together a mix of savings, grants, scholarships, wages from part-time jobs, and loans.
Monthly Social Security and Supplemental Security Income (SSI) benefits for nearly 64 million Americans will increase 1.7 percent in 2015, the Social Security Administration announced today.
Make sure your spouse knows your financial adviser and account information before you die.
Remember the famous line from Ben Franklin about death and taxes? "In this world nothing can be said to be certain, except death and taxes." Since tax day has come and gone this year, this is the perfect time to deal with the other sure thing.