Last week, the National Bureau of Economic Research announced that the recession ended in June 2009. According to the announcement, the economic downturn reached a plateau that month and hasn’t decreased since then. In other words, we are now on … [Read more...]
Wedding Taxes: Four Must-Know Tax Facts For Planning Your Big Day
September 21, 2010 By
With a booming wedding industry, I sometimes wonder how it’s even possible that our country is in a recession at all. Now that the average cost of a wedding hovers around $29,000, you’d think that the spending induced by weddings could … [Read more...]
The Claim: Healthcare Law Will Create a 3.8% Real Estate Tax in 2013
August 18, 2010 By
Earlier this year, a number of similar, frequently-forwarded emails frightened a lot of people. Here's a snippet of one: This should help stimulate the Real Estate market! UNDER THE NEW HEALTH CARE BILL - DID YOU KNOW THAT ALL REAL ESTATE … [Read more...]
Avoid These Simple Tax Return Mistakes
April 12, 2010 By
Tax day is just around the corner -- this Thursday! So if you're hurriedly trying to finish up your tax returns, it’s easy to make a number of simple mistakes as you’re trying to meet the due date. When it comes to completing complex tax … [Read more...]
Gift Tax: Don’t Fear Taxes When You Give (Or Receive)
March 24, 2010 By
When generous Aunt Betty slips you a $5,000 check on your birthday, do you have to pay taxes on her cash gift? And when you send an annual donation to your favorite charity or alma mater, does anybody pay taxes on that gift? The answer in both cases … [Read more...]
Home Mortgage Interest Deduction: What You Need to Know
March 5, 2010 By
Want to save thousands on your taxes? Consider buying a home. Without a doubt, the home mortgage interest deduction is a major perk of home ownership: the mortgage interest you pay on your home reduces your taxable income. The first-year interest … [Read more...]
I'm David Weliver. At 26, I had NO savings and NO financial plan. I was maxed out, stressed out, and fed up. Then, I changed. I repaid $80k of debt, tripled my income, and bought a home. I'll show you how to get similar results. 