It’s common knowledge that you can be audited if you lie on your tax return, but what happens when you don’t pay your taxes? Will the IRS realize one missing tax return of the 195 million returns filed each year? While it’s possible to sneak below the radar, there can be stiff financial and legal penalties.
If you live near a Costco, you probably already know how valuable your membership to this warehouse club can be. However, Costco doesn't accept all credit cards for in-store purchases. Find out which ones they accept, and whether your current card is one of the best credit cards to use at Costco.
A flexible spending account is a tax-advantaged savings program for medical expenses. Your contributions are pre-tax dollars that reduce your taxable income. There are annual contribution limits, and your unused funds may expire at the end of the calendar year. Here is a closer look at the flexible spending account and how it works.
The annual bonus has to be one of the best workplace benefits. After all, you can do plenty of things with a few extra dollars in your pocket that you don’t have to work extra hours for. This guide covers how bonuses are taxed and how you might be able to minimize your tax bite.
The American Express Serve Card is a prepaid debit card that helps you avoid hidden bank fees when you buy something, make deposits, or initiate an ATM withdrawal. You can also get multiple cards for various purposes. In this American Express Serve Card review, I cover all of the key features and help you pick the best card.
If you're an Android user, the Google Play Store might be the first place you visit to find new movies, shows, games, and books. However, many of these products require an upfront purchase. Thankfully, there are several ways to get free Google Play codes and reduce your digital entertainment expenses. Of course, earning these credits is a lot of fun.
There are plenty of systems from which to choose. The Kakeibo budgeting system is perhaps lesser-known but is a simple and free way to track your financial progress and make a spending plan. Here is a closer look at how this method can help improve your finances without complicated spreadsheets or expensive apps.
No one wants to pay more taxes than what the government requires. Handing over more money to the IRS or your state's tax department makes it harder to achieve your financial goals. Here are some ways to maximize your tax credits and deductions to get a bigger refund.
Medical treatment is incredibly expensive when you’re uninsured, making health insurance essential. Until you can get health insurance from your employer or a government marketplace, the best short-term health insurance can fill your coverage gap at a reasonable cost. While you won’t enjoy permanent health insurance benefits, these policies can cover doctor visits and emergency care for less than $100 per month.
The Neighbor app lets homeowners lease their storage space to renters and make some extra cash. In addition, renters can find storage that might be cheaper and closer than a local self-storage unit. In this Neighbor Storage review, I show you how you can make money renting out your space.
The whole idea of metal credit cards may seem unnecessary. However, if you're a fan of earning credit card rewards, you shouldn't overlook the potential benefits. After all, some of the best rewards cards have a metal exterior instead of plastic. Many of these cards earn more points on purchases and may include enhanced award travel perks.
What do you do if your insurance company goes out of business? Getting a refund isn’t exactly an option although you can still have coverage and file claims during this unfortunate event. The impact can be worse for life, long-term care, and disability policies. Here is a closer look at your options if your insurance company declares bankruptcy.
