by Attiyya | Jan 23, 2015 | Taxes
By now, most service members and veterans are aware of these VA-guaranteed home loan benefits. No down payment required No mortgage insurance (PMI) required No prepayment penalty However, many are forgetting the added benefit of including these two itemized tax...
by Attiyya | Jan 13, 2015 | Taxes
W-2: Reports your earned income if you worked for an employer 1098: Reports mortgage interest and points you paid 1098-E: Reports student loan interest you paid 1098-T: Reports payments you made for qualified tuition and expenses 1099-MISC/1099-NEC: Reports...
by Attiyya | Dec 29, 2014 | Financial Counseling
Imagine someone approaches you and wants to write you a check to pay this month’s electric bill, fully fund your emergency savings, or pay off your mortgage. Do you know your numbers well enough to tell them the dollar amount you need on the spot? In 2009, my husband...
by Attiyya | Dec 21, 2014 | Financial Counseling, Taxes
Don’t forget to file your FSA claim(s) by the end of the year so you don’t lose your money. Most employers do not allow unused funds to roll over into the next year.
by Attiyya | Nov 26, 2014 | Financial Counseling
At the end of 2013, I discussed the importance of knowing your Net Worth. Hopefully, you took the time to calculate this important number and are ready to do it again. This year I’m recommending you also complete the wealth test introduced by Stanley & Danko...
