If you are like most Americans, you have been paying into Social Security your entire working life. It’s typically done through payroll or self-employment taxes. It’s possible that you (and your employer) have contributed hundreds of thousands of dollars over the decades. Now, as retirement creeps closer, you might be wondering how much of those […]
8 min read
Selling your house can be tricky. For most of us, buying and selling homes will rank among the largest financial transactions we will make in our lives. While there are plenty of ways to avoid simple house selling mistakes, it’s particularly hard to know exactly when to sell your house. There are many factors involved. Some […]
10 min read
When you purchase a home, you make a huge investment. While the goal is to enjoy your home for years and years to come, you also want your initial investment to pay off – you want your home to grow in value. And while plenty of homes do gain value over time, they typically don’t […]
9 min read
Closing costs are part of practically every real estate transaction. Buyers and sellers both incur them, and they apply on top of the property’s agreed-upon sale price. Under U.S. law, financial institutions must fully disclose all applicable closing costs to both buyers and sellers. Furthermore, both involved parties must agree to the costs before the […]
9 min read
When you’re planning a wedding, the last thing you want to be thinking about are taxes. That said, after the honeymoon, it’s a good idea to start thinking about them. That’s because a lot can change when you go from filing as a single person to a married couple. Those who aren’t accountants likely believe […]
8 min read