Fix My Finances
Helping You Get “Back In The Black”

With the value of properties dropping over the last couple of years many people have been forced to sell their homes for less than they owe on the property.  When this happens, the bank can require that the people who owe the mortgage still owe the outstanding balance or it can forgive the outstanding amount, [...]

Tax time is rolling around again so what can you do now to ensure a less painful tax preparation this year?  The easiest thing to do is keep a record of your transactions.  Sounds easy but we all forget to save those receipts or print out those statements. What records and receipts should you be [...]

Everyone hates paying taxes.  We all accept it as inevitable but look for ways to reduce our tax liability.  Luckily for us, the IRS offers incentives in the form of tax deductions.  Some common deductions include charitable contributions, interest on your home mortgage, and interest on your student loans.  While you may have no control [...]

Understanding finances and how to keep track of your finances can make or break your business.  Keeping track of your finances is especially important for small cash based businesses.  It is very easy to forget or lose track of what you make, the taxes you need to pay on your sales, and what was sold [...]

There is plenty of competition in the job market, so how can you get ahead?  Surprisingly, it may take something as simple as common sense and respect for the people who are interviewing you. 1.  When an ad states Do Not Call, don’t call. Surprise.  It is so simple, but it can mean the difference [...]

On January 1, 2010 the rules for converting a retirement account to a Roth IRA are changing.  Currently, people can only convert their accounts to a Roth IRA if they have a modified adjusted gross income of $100,000 or less and must not be filing their taxes as married filing separately.  Under the new rules, [...]

Small businesses are always looking for ways to save a little money.  While a phone line is necessary, a dedicated fax line is not an essential.  If you don’t use fax frequently enough to justify a phone line dedicated to the fax machine, check out this options websites instead. www.unityfax.com UnityFax has a variety of [...]

If you are like me, Black Friday is one of the best days of the year.  Last year I stayed up all night to check out a midnight sale at my local outlet mall and from there it was one store after another as they opened.  However, if you don’t know what you are looking [...]

When starting a business, there are many questions you need to ask yourself.  One that you probably haven’t thought about is who is an employee of the business.  It is important to know who the IRS considers an employee because the business needs to pay payroll taxes on all income that individual earns as well [...]