Can you claim deductible expenses from your hobby? You can if you make your hobby become your business. If you are spending a substantial amount of money on your hobby, you might as well turn it into a business. Look at it this way – suppose you spend $20,000 a year in your hobby, then [...]
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The Most Annoying Complaint About Credit Cards
If you’re in credit card debt then a credit card sucks. If you have a high credit score because you built you credit with a credit card, then you have nothing against credit cards. If you don’t have a credit card then you might not even have a opinion on them. Regardless of your stance [...]
Free Password Tracking
If you do much shopping, banking, and investing online, then no doubt you are drowning in a sea of passwords. That doesn’t even include the passwords you have to remember for your network, your router, and all the other technological solutions you use. While most sites and devices will help you recover a password or [...]
Florida Victims of Tax Fraud Sue IRS
Florida residents beware! Law enforcement officers have noted an extremely high increase in tax fraud in the Tampa Bay area. Postal officials have intercepted hundreds of millions of dollars of suspected fraudulent tax refunds. Many residents have expressed their dissatisfaction with the efforts put in by the IRS to combat the scourge. In the meantime, [...]
How You Can Master The Plastic Part 2
Are you ready to master the plastic and save thousands of dollars? Will you finally figure out what all the hype on responsible credit card use is all about? At the beginning of the week I shared an extensive piece on how you can master the plastic in your wallet. Today is time for part [...]
Security Lessons Learned From “Home Alone”
Home and personal security is a big part of personal finance. After all, you don’t want to work hard for what you have only to have it taken away by thieves. Neither do you want to be physically injured by someone who is after your stuff. While security is a very serious subject, the movie [...]
Attention U.S. Government: It is Time to Act
The current economic situation within our country and the prolonged foreclosure crisis is becoming entirely too much for many people to handle. Recently, information was released that indicated that the Feds provided banks with $7.7 trillion in bailout money that was kept secret from American taxpayers. This information has made struggling homeowners and those who [...]
IRS Seizes Assets of Professor
A professor working in Amarillo College had her car, a 2010 Nissan Altima, and $17,238.77 seized by the IRS. IRS agents claim Professor Theresa D’Costa Jiwa, 56, deposited $370,000 into her bank account between August 2009 and June 2010. A federal search warrant affidavit disclosed that Jiwa subsequently transferred most of the money into another [...]
Do You Use Credit Cards or Do They Use You?
Do you use your credit card or have they been using you? As I mentioned last week, I’ve been running a personal finance blog aimed at young adults for over three years now. As I get older, the topics get more mature. I’m now going to be covering life after college, investment topics, and ways [...]
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