From the December, 2014

Debt Relief: A New Year’s Resolution to Keep!

During the holiday season most people tend to set their finanical troubles aside with a promise to themselves that they will “do better” in the new year. Even so, with each gift you buy, […]

Tax Provisions Extended Through 2014

In late 2013 we reported that a number of tax credits and deductions would expire at the end of 2013 without action from Congress. Over a year later, Congress passed legislation that would extend […]

Is Bankruptcy or a Short Sale Better?

If you are past due on your mortgage payments and you are worried about losing your home in a foreclosure action, it is important to consider all of your debt relief options. Filing bankruptcy […]

Student Loans, Bankruptcy & Undue Hardship

If you are facing a significant amount of student loan debt, you may be wondering if you can discharge it in bankruptcy. Many media outlets will lead you to believe that it is impossible […]

Roll Over Beethoven – You’re Limited to One Tax-Free IRA Rollover Per Year

Chuck Berry wrote, “Roll over Beethoven and tell Tschaikowsky the news.” The song refers to how the pioneer of rock and roll thought classical composers might roll over in their graves upon hearing the […]

The Best Ways to Get Yourself Audited by the IRS

Now days, there’s a “best of” list of almost everything under the sun. You can find a majority of these best-of lists online and use them to research which minivan on the market meets […]

Minimize Tax Liability with the Annual Gift Tax Exclusion

The end of the year is an important time to take a quick look at your tax position and make sure that you have done all you can to minimize your tax liabilities. Individuals […]

I Work From Home – Can I Take a Home-Office Deduction?

How many times have you told your boss you’re working from home and won’t be in the office? Are you working at home, or are you watching B-rated movies on cable and checking your […]

Do you Qualify for the Earned Income Tax Credit?

A Virginia woman recently plead guilty to defrauding the federal government’s child tax credit program to the tune of more than $7.2 million. The woman admitted to filing more than 1700 false tax returns […]

How Can I Improve my Credit Score After Bankruptcy?

One of the biggest concerns debtors have when filing a personal bankruptcy is how it will impact their credit score. Contrary to what most people believe, it does not destroy your credit forever. Once […]