Now that working from home is quite common, many people are looking to join this trend. However, you should consider the various advantages and disadvantages of working from home before you do so.
Author: Brennan Clark
What are Closing Costs for Real Estate Transactions?
Now that working from home is quite common, many people are looking to join this trend. However, you should consider the various advantages and disadvantages of working from home before you do so.
Are There Deductions for Property Tax?
Real estate can be a reliable way of building up intergenerational wealth to leave to your heirs. However, owning real estate also means that you will have to pay property tax levied by state and local governments. This can cut into the gains and benefits of your real estate investment. On the other hand, you may be able to minimize the unfavorable consequences of property taxes by writing them off when you file your federal income taxes.
Advantages and Disadvantages of Working From Home
Now that working from home is quite common, many people are looking to join this trend. However, you should consider the various advantages and disadvantages of working from home before you do so.
Are There Exemptions for 401(k) Early Withdrawal Penalties?
For the most part, you should avoid making early withdrawals from your 401(k) account since this can trigger being charged a penalty by the Internal Revenue Service (IRS). Withdrawing funds prior to reaching 59 ½ years of age could result in the IRS levying a 10% penalty. However, it is possible to qualify for an exemption from being charged the IRS penalty.
How to Protect Your Personal Financial Information
In contemporary society, normally, you would need to provide some sensitive and personal information to a company or government agency in order to make basic financial transactions and decisions. This will include having a personal bank account, a retirement account or even obtaining a loan. However, this also comes with the potential risk of having your personal financial data compromised in some unforeseen way which can have serious consequences.
How to Minimize Your Property Tax Liability
Most people eventually want to own a home especially since real estate is a highly effective way of ensuring you are able to pass along intergenerational wealth to heirs. But you will need to be aware of the various costs that come with homeownership. One of the most...
Estate Planning: What is A Beneficiary?
Now is the time to start creating your estate plan if you have not done so already. Since you never know what will happen, you should be prepared to have everything in place in order to make the administration of your estate as seamless as possible. One of the basic...
5 Tips to Succeed as a Business Owner
Being a small business owner is not an easy responsibility. There will likely be problems you will need to solve on a regular basis and challenges you will continually overcome. In fact, most small businesses do not ultimately achieve success. However, there are...
A Safely Spooky Halloween
Halloween is bound to look a lot different this year. (Didn’t we say that last year?) Well, now that we’re all pros, Halloween can still be a fun celebration this year. While both candy givers and trick-or-treaters may choose to take extra safety precautions – here...
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