Every seen the words, Two-Factor Authentication? Maybe you’ve selected, No Thanks when it popped up in front of your Facebook or Instagram account? Turns out this process is a lot simpler than most people think and it really can protect you from hackers, exes… Brain X. Chen for Personal Teach, New York Times lays out the easiest ways to utilize this service offering pros and cons for platforms such as: Instagram, Facebook, and Gmail. Read more here and then select, Yes, next time the offer of Two-Factor Authentication pops onto your screen!
Category: Federal Income Tax
Keeping Your Budget Organized
What tools do you use for your personal budgeting? Ever wonder if you are saving enough to last through retirement or if you have the money for a trip you’ve been wanting to take? What about teaching your children the value of a dollar and how to save, delay gratification when they see an item they want?Tara Siegel Bernard, a personal finance reporter for the New York Times explains her preferred method of saving and recommends a variety of Aps that may help you on your journey to better money management.
Among her suggestions, Mint, You Need a Budget, and PiggyBot (for kids). Read more here: Spending Is as Easy as Pushing a Button. The Hard Part? Keeping Track.
Is It Worth Saving?
Rural America is facing a severe decline in employment rates and population. As more families move to the city, these outlying areas are also experiencing an uptick in the traditionally urban problems of opioid addiction and crime. Eduardo Porter for the New York Times explores solutions to this growing issue in his article, The Hard Truths of Trying to ‘Save’ the Rural Economy. Policy makers have a host of ideas to solve this growing crisis but many fail to consider important variables such as extreme housing costs in prosperous cities.
Fuel Your Passion, Fuel Yourself
Although your passions may not develop into a career, channeling them into your weekly routine can make a huge difference in how you feel about work and life in general.
Liz Schumer for Smarter Living in the New York Times reminds us that, Whether you’re looking to cultivate a hobby as a professional steppingstone, or just to feel more fulfilled, extracurricular activities carry measurable benefits. And even if you don’t have a passion that really stokes your flames, there’s hope for you, too.
Want to experience this for yourself? Make a plan weeks in advance to carve out time for an activity that fills your cup.
Why Following Your Passions Is Good for You (and How to Get Started)
Student Loans May Affect Homeownership
Rising tuition costs and student debt are becoming significant factors in the ability of millennials to buy houses. An analysis published by the Federal Reserve Bank of New York last year suggests that student debt was responsible for up to 35 percent of the decline in homeownership among people between the ages of 28 and 30 from 2007 to 2015. (Homeownership for people under 28 tends to be low.). With many young adults leaving college with large bills, even landing good jobs isn’t enough to pay their debt in a timely manner.
How Student Debt Can Ruin Home Buying Dreams
Not Sweet For Everyone
Just Born was back in the news just before Easter. The Bethlehem, PA company famous for its bright marshmallow confections, Peeps, has returned to the trenches with the union workforce over pension benefits. Now both sides await a federal appeals court ruling. The fight has divided the town as the company works to insure solvency for years to come.
Trouble in candy land
Does Your Business Qualify?
The promising new tax break for business owners lacks well defined language and at the moment is causing more confusion than celebration. While businesses struggle to figure out if they will be able to take part in this tax break worth $415B, they await further definition from those drafting the paperwork.
No one’s sure who qualifies for this $415B tax deduction
Spend More Make Less?
The IRS outsourced tax collection in an effort to “put a dent in the $138 billion that taxpayers owe the government.” This action cost the agency $20 million and netted a little over six million in past due monies. Combined with contractor payments and relatively low collection rates, other cost factors included the streamlined approval of “tax-exempt organizations” as well as lack of funding for better direct (IRS) communication with tax payers.
I.R.S. Paid $20 Million to Collect $6.7 Million in Tax Debts
It’s All Relative
Remember the holidays when you were little? Lots of hugs, kisses and breath taking squeezes from relatives, not to mention that one aunt who always wore bright red lipstick and left an impression on your cheek for all to see. Navigating the holidays with small children can be difficult, especially when they appear shy or snub the advances of loved ones. Sue Shellenbarger for the Wall Street Journal offers a variety of ways to help both your children and the relatives connect and enjoy their time together.
When Your Child Won’t Hug the Relatives
Tax Confusion?
What will the new tax bills mean for you? At the moment it’s not quite clear. Accountants and tax advisors everywhere are watching with bated breath as we approach the current tax season where these new laws will take affect. The best advice in the article? Schedule your tax professional appointment early this year.
Confused by the Tax Bills? Be Glad You’re Not an Accountant