This blog series is here to bring you up-to-date tax tips, news, and how to find the best online income tax services.
Don’t miss out on tax breaks you may need for your vehicle. The mileage tax deduction rate is one of the tools used to help reduce the tax burden when your vehicle is used for business purposes.
This IRS mileage deduction is especially important for tax payers such as independent contractors and entrepreneurs.
Money Saving Challenge: The Best Way to Save Money for Vacation in 3 Months
The cost of living continues to increase and with that, it makes leisure activities more expensive as well.
Taking a simple vacation can begin to cost hundreds of dollars (sometimes thousands) after you factor in hotel costs, travel expenses and eating.
If you are on a tight budget and are looking to find ways to save, then look no further.
Money Saving Challenge: How to Save Money on a Tight Budget
Saving money is an important part of personal finance but when your budget is tight, it can be difficult to save money quickly.
Some of the factors that contribute to a tight cash flow include:
- consumer debt
- frivolous spending
- lack of financial education
Living in a country that is driven largely by consumerism can make it difficult for you to stay away from credit cards and all the other tempting debt.
On top of that, using credit cards and obtaining loans is a painless process, which makes it easier to spend money that may not be available.
Or money that you can’t pay back.
Once debt is accumulated it can be difficult to get rid of it, but it is certainly far from impossible.