The new contribution limits to health savings accounts (HSAs) for 2019 have been announced. The changes are small; an extra fifty dollars for self-only contributions (up to $3,500) and one hundred dollars for family contributions (up to $7,000).
Ahh, springtime. With the longer days and warmer weather, it's the perfect time to clear out the cobwebs and get organized for the upcoming busy months. Spring cleaning isn't just for your home -- it can mean a refresher for your finances too.
States and countries have been involved in a push lately to collect sales tax from online sellers that are not present in their state, resulting in a rash of services that promise to take care of the tax requirement for small businesses. Short of resorting to paying a third party to do it for you, how can you keep your sales tax simple?
In household finances as well as in business, aim to have more coming into the bank than going out.
It's that simple--especially if you plan ahead.
Life doesn't have to be as complicated as we make it. Forget the "10 Fundamentals to Money Management" and the "8 Essential Habits of Financial Wizardry." Assets and expenses and liabilities and the financial statements that comprise them all come down to one thing: positive monthly cash flow.
A lot can happen when you don't render unto Uncle Sam what is his. Besides garnishing wages or taking your tax refund, the government also has the ability to place liens against your property and assets.
The IRS exists to collect money for the government. To that end, it will publicly declare ownership, a preamble to that property's eventual seizure and sale, in order to collect on what its owed.