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Five Easy Ways You Can Earn More Money in the New Year

Generation Earn by Kimberly Palmer

This guest post is from Kimberly Palmer, author of the new book Generation Earn: The Young Professional’s Guide to Spending, Investing, and Giving Back. She’s also the personal finance columnist at US News & World Report. Looking for some worthy splurges to help you ring in the New Year? Consider these investments in your career […]

Two More Years of Tax Cuts (Here’s What The Extension Means For You)

The recent Congressional debate on whether to extend Bush-era tax cuts was long and drawn out, but it looks like our government may have finally reached a compromise, conclusion, agreement—whatever you’d like to call it—for now, anyway. But how do these tax cuts REALLY affect you? Since many of the tax cuts are extensions (not […]

How to Change Lives in 2011: An Interview with Love Drop Co-Founder J. Money

LoveDrop

Guys, today I want to give you the chance to get on something that is literally going to change lives. It’s called Love Drop. Co-founded by fellow financial blogger J. Money of Budgets Are Sexy, Love Drop is a new way that people can come together to make small contributions that will have a big […]

Sell Your House! How to Beat the Market, Find a Buyer, and Fetch More for Your Home

Young couple holding home sold sign.

Do you need to sell your house? Then it’s time to stand tall, roll up your sleeves, and get down to business. I don’t need to tell you that real estate market isn’t so hot right now, but if you’re committed to selling and are willing to go above and beyond the average seller out […]

Self-Employed? Need to Deduct Big Ticket Items? Get Crackin’ with the Section 179 Deduction

If you’re self-employed or a business owner and you haven’t heard of the Section 179 deduction, it’s time to get familiar with it, because the Small Business Jobs and Credits Act of 2010 has increased the thresholds on this valuable tax deduction for 2010 and 2011. What is the Section 179 deduction? The Section 179 […]

5 Ways to Dramatically Lower Your Home Energy Costs All Year Long

Utility bills? Ugh. If you own a home or rent and pay your own utilities, you know it’s no fun shelling out money for these bills every month. Essential? Yes. Fun? Certainly not. Here are a few small adjustments you can make throughout your home that can save you a significant amount on your energy […]

Side Income: Is It a Hobby or a Business?

Side Income- Is It a Hobby or a Business-

It’s a wonderful thing if your hobby starts making money, but at what point does it turn into an actual business? The IRS states that it turns into a business when you start trying to earn money. From a tax standpoint, the main difference between a hobby and business is being able to deduct losses.