How is my end-of-the-year bonus taxed? The IRS has standardized how company's pay end-of-the-year bonuses but some employees still have questions. This article was written by guest blogger Eva Rosenberg. My firm has worked with many taxpayers and companies over the years, and I have seen employees receive their bonuses in a variety of ways. [...]
Believe it or not, the start of the 2015 tax-filing season is right around the corner. While there has been speculation that the start of the coming filing season may be delayed (as it was in 2014), it’s never too soon to begin preparing. Not only might you get your refund sooner if you file [...]
Whether you’re purchasing a home or refinancing your current mortgage, your lender may have given you the option of taking out an adjustable rate mortgage (ARM). ARMs can be great options, but it’s important to understand how they work before making your decision. ARMs have interest rates that change over the life of the mortgage. [...]
Ilyce Glink Show on WSB Radio: Giving real estate and personal finance advice. On this week’s WSB radio show, Ilyce hosted Carmen Chubb, the deputy commissioner for housing of the state of Georgia. Chubb describes the HomeSafe Georgia program, where Georgia homeowners can receive temporary assistance in order to pay their mortgage. This federally funded [...]
As the cost of college continues to increase, many parents opt to open 529 plans in order to help save for their children’s tuition. These plans, which are operated by a state or educational institution, offer federal and state tax benefits and allow the donor—often a parent—to retain control of the account. When it’s the [...]
When you decide you’re ready to save more money, it’s natural to focus on certain items: refinancing your house, selling a car, or cutting back on going to restaurants. Those are often great ways to get ahead on your savings quite quickly. However, if you want to start slowly, building your savings without feeling the [...]
Black Friday is a tempting time to shop if you love the energy of crowds and the possibility of a great deal. If you have some patience, you may be able to find better prices on many items later in the holiday season, or at another time of year. Here are five items you can [...]
If you take out a reverse mortgage and don’t use the funds available, can you use it as an investment? The answer: Yes, if you take out a reverse mortgage and you don’t use the credit immediately, it will grow over time. "The line of credit grows over time because the amount that you have [...]
With the holiday season on the horizon, you may see an uptick in the number of requests to donate from charitable organizations. We all like to help out when we can, and the holiday season seems an especially appropriate time for many of us to show our generosity. To help you give back while maintaining [...]
Ilyce Glink Show on WSB Radio: Giving real estate and personal finance advice. On this week’s WSB radio show, Ilyce discussed what matters most when your kid gets in a car accident, how the declining gas prices will impact the economy and a unique way to stabilize your retirement portfolio with an untapped reverse mortgage. If [...]
