While making a charitable contribution is relatively simple, a few additional precautions can help maximize tax benefits, and ensure they truly benefit the causes you care about. Contributions made to qualified charitable organizations can be deducted if you itemize deductions on your tax return. Itemized deductions include amounts paid for charitable contributions, medical expenses, state […]
Month: June 2019
How to improve your credit score
Your credit score is the yardstick that lenders use to measure whether you are creditworthy and capable of repaying your credits on time. A credit history packed with late payments and debts can severely cripple your chances of qualifying for credit at a better interest rate and credit terms. So before you fill out an […]
Planning your estate
No matter your age or net worth, you need to make legal arrangements for control of asset distribution after you. In case of death without a will / other legal steps, the assets will be distributed according to the law of the respective state to which the individual belongs. You can consider gifting to heirs […]