How best you handle major unforeseen expenses, health issues, job cuts etc in the future depend on your financial preparation today. This article provides some tips on how to protect your finances, and determining the strategies that work best for you. Creation of an emergency fund is the best way to protect your finances in […]
The choices you make relating to your Social Security benefits have a huge bearing on your financial future. Although you qualify to begin receiving your Social Security benefits at 62 years of age, a longer waiting period until you turn 70 will help earn a larger monthly benefit. To estimate this, you can visit the […]
The nature of most business owners is to place value on endeavors were the odds of success are higher. Marketing, business promotions, R&D are some that come to mind. While some love the number-crunching of bookkeeping and accounts, others hate to detract from business operations to focusing on minuscule details of their day-to-day finances. Love […]
The IRS has over the last few years strengthened implementation of reporting requirements for foreign financial assets held by US citizens/residents. While the FBAR (Foreign Bank Account Reporting) rule has been in force since 1972, FATCA (Foreign Account Tax Compliance Act) was enacted in 2010 to enforce United States Persons living in the US and […]
