Renting Out Your Home? Here’s What You Need to Know!
In some cases, homeowners move to new residences, but keep their present homes and rent them out. If you’re thinking of doing this, you’re probably aware of the financial risks …
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FBAR: For Those With Foreign Accounts
Any U.S. person with a financial interest in, or signature or other authority over, any foreign financial accounts must file a Report of Foreign Bank and Financial Accounts (FBAR), subject to …
Can I deduct my spouse’s business trip expenses?
If you own a company and travel for business, you may wonder whether you can deduct all the costs of having your spouse accompany you on trips. It’s possible, but …
Am I saving too much in an emergency fund?
Back in 2020, when the COVID-19 pandemic first hit, many people’s emergency funds were suddenly put to the test — assuming there was a fund at all. Now, three years …
Does the SECURE Act 2.0 Law Make Retirement More Secure?
A new law was recently signed that will help Americans save more for retirement, although many of the provisions don’t kick in for a few years. The Setting Every Community …