Blogs

Blogs

We bring you latest tax saving tips, insurance, investment news and much much more

6 + MISTAKES YOU MADE on your tax return to get audited by IRS

ATTENTION! UBER & LYFT DRIVERS! 1. Relying on Uber to keep track of your mileage Sure, Uber’s app will keep track of the miles you drive with passengers in your vehicle. But the fact is, the IRS also allows you to claim the distance traveled to get

Why Do People Buy Annuities?

Annuities are insurance-based financial vehicles that can provide many benefits sought by retirement-minded investors. There are a number of reasons why people buy annuities. Deferral of taxes is a big benefit, and so is the ability to put large sums of money into an annuity — more than is allowed annually in a 401(k) plan or an IRA

Growth Stocks vs. Value Stocks

Investors are often confused about the differences between growth stocks and value stocks. The main way in which they differ is not in how they are bought and sold, nor is it how much ownership they represent in a company. Rather, the difference lies mainly in the way in which they are perceived by the […]

How Long Will It Take to Double My Money?

Before making any investment decision, one of the key elements you face is working out the real rate of return on your investment. Compound interest is critical to investment growth.

What Is a Traditional IRA?

Traditional individual retirement accounts (IRAs) can be a good way to save for retirement. If you do not participate in an employer-sponsored retirement plan or would like to supplement that plan, a traditional IRA could work for you.

What tax deductions are still available to me?

Tax reform measures are enacted frequently by Congress, which makes it hard for U.S. taxpayers to know which deductions are currently available to help lower their tax liability.

What are the main types of auto insurance?

There are four main types of auto insurance are available: liability, uninsured or underinsured motorist, collision and comprehensive, and personal injury. Most states require drivers to carry certain types of auto insurance. Liability Insurance

How can you protect your home?

Since your home is one of your greatest assets, you should make sure it is adequately protected. That’s where homeowners insurance enters the picture. Homeowners insurance protects against liability (in case someone is injured on your property),

What Is Universal Life Insurance?

Universal life insurance was developed in the late 1970s to overcome some of the disadvantages associated with term and whole life insurance. As with other types of life insurance, you pay regular premiums to your insurance company,

What is term life insurance?

Term life insurance is “pure” insurance. It offers protection only for a specific period of time. If you die within the time period defined in the policy, the insurance company will pay your beneficiaries the face value of your policy.

HERE TO ANSWER YOUR TAX QUESTIONS