In an effort to help make filing taxes easier this year, we are breaking down the various IRS tax forms to help you know if you need them, and how to use them. There are multiple versions of Form 1098: the 1098, the 1098-C, 1098-E, and 1098-T. 1098 Form The original 1098 form is used
As gas prices remain high, improving your car’s mileage is crucial. By stretching a tank of gas further, you can reduce the amount of times you must fill up per month, which can help you stick to your budget. This is especially important for those who purchased non-efficient cars when gas was cheaper. But regardless
When shopping for car insurance, it can be tempting to reduce your rates by choosing lower amounts of coverage or by raising your deductibles. These are, of course, the two most obvious factors that affect the cost of your auto insurance. You may not realize it, but your overall rate is also affected by many more
When shopping for a home mortgage, there are a dizzying array of options available to you. The most popular option is the fixed-rate mortgage, which offers an interest rate that does not fluctuate for the entire length of the mortgage. With a fixed-rate mortgage, the homeowner can make the same payment each month until the
Owning your own business may seem like the epitome of the American Dream. You can be your own boss, keep your own schedule, and answer to nobody but yourself – no wonder so many people idealize being a small business owner. However, while working for yourself can seem ideal, most people are not prepared for
When you picture yourself in your golden years, are you sitting on a beach, hitting the golf course, or working behind a desk? For many people of retirement age, continuing to work makes perfect sense. However, this doesn’t mean that you can’t balance your work life with enjoyable activities, such as vacation and family visits.
Whether your retirement is fast approaching or decades away, it is likely that you do not spend much time pondering what will happen when you stop working. Unfortunately, many people are unable to retire when they’d like to because of their financial situation. With careful planning, you can avoid this predicament. Planning ahead for retirement allows
A piggyback mortgage is exactly what it sounds like – one mortgage on top of another. This set of two mortgages was commonly used prior to the mortgage crisis to avoid paying private mortgage insurance (PMI), when homebuyers didn’t have a large enough down payment. Now, this loan combo is much harder to come by. However,
