With the summer being so close, one of the last things on our minds would be tax season, since most of us took care of our income tax report a couple of months ago, and don’t plan to start working on next year’s later this year. However, scammers are not known for taking vacation breaks,…
Medical expenses can represent a significant portion of our yearly income, with the average American spending almost $10,000 a year on health care. This might sound like quite a financial burden since there aren’t many options available when we need to cover medical charges. However, medical expenses can be deducted from our income tax report,…
When the time for retirement comes, we must be prepared to cover our everyday expenses but without the same income as we used to have. One of the biggest challenges that we face during retirement is covering our health care expenses. According to the Center for Retirement Research, the average retiree spends around $4,000 a…
Tax season ended a couple of months ago, and many of us have started to think ahead and prepare for next year’s taxes instead. However, we might want to go back to our tax return and make sure we submitted everything properly and without errors. Even when the IRS processes and corrects and math error…
There are many different misconceptions that some of us might believe, whether because of lack of information or because we heard someone close to us repeat them. However, debunking these common tax myths will help us have a better understanding of how taxation in the US actually works. We will also feel more confident and trusting…
At this time of the year, forgetting about our income tax report might be tempting, leaving the stress for either the end of the year or for when the due date to file gets closer. However, we should always keep in mind our tax duties, as it will help us have a much simpler and…
If we live in an area where tropical storms are likely, we should consider hurricane insurance coverage. Since hurricane protection comes from a combination of policies, we need to do some research to make sure we are fully covered. We need to understand the types of damages that our policy includes, and the percentage deductibles…
The Insurance industry is one of the richest data-driven businesses there are. They collect their customers’ financial, medical, professional, and personal information. This is why they have the obligation to protect such data and keep it safe. Consequently, cyber-attacks to insurance companies can be devastating and put at risk millions of people’s information. During the last couple of…
One of the most important aspects of starting a new business is understanding and covering the insurance needs. Every company is different from others and will have different needs. However, when it comes to insurance, there are several steps that all companies will go through. With that in mind, we gathered 5 useful tips for…
It’s the favorite time of the year for a lot of us, and we begin planning our summer vacation months in advance, whether it is spending the weekend at the beach, going camping or on a road trip. Some prefer to travel abroad and visit a new country, and some others like to take advantage…