Former Baltimore Ravens wide receiver and Super Bowl champion Laquan Williams is accustomed to the outrageous purchases often made by pro athletes and celebrities who splurge on everything from jewelry to foreign cars and designer clothes. Many of them, unfortunately, squander their fortunes and tumble into extreme debt. Therefore, as an entrepreneur and the CEO...
inCity Magazine sits down with Insurance Strategist, Demetris Curry and discusses how head of households can protect their family, their lives and cash they have worked hard for. How to get access to tax free cash to use for wealth building. How do you use your cash to your advantage.
Musicians have more ways to self-monetize than ever before, but all too often, it feels like that money is just out of reach. Putting out music yourself is not as hard as it used to be, but making money from that music takes a bit more work and know-how. It’s a minefield most artists still...
The world’s most prominent trial of universal basic income has ended — and the first results are in. Tuomas Muraja’s life took an unexpected turn at the end of 2016. He received a letter telling him that he would be getting a monthly sum of €560 ($640) from the Finnish government, no strings attached, for...
Don’t pay more than you need to: savvy strategies for tax planning, income taxes, tax credits and deductions, business taxation, charitable giving – plus updates on tax-law changes. The chance you underwithheld on your taxes in 2018 may be higher than you think. A 2018 report by the Government Accountability Office (GAO) suggests that 21%...
If you’re not good at saving, it’s not your fault. Humans are hard-wired to focus on the present, so you have thousands of years of evolution to fight against. But there’s a way to win the fight. 1. Make it automatic. “The most important thing you can do right now,” says Beth Kobliner, author of...
Baby Boomers who are single and childless, known as “solo agers,” face unique retirement planning challenges that need to be addressed. Americans’ approach to aging has rapidly changed in recent years. This is the result of the aging Baby Boomer population, who are entering their 80s and 90s within the next few decades, and longer life expectancies....
I used to scoff at those people who flew first-class because it just seemed extravagant. But now I get it. If you have a problem that money can solve, you don’t have a problem. In my experience, high-earners tend to be extremely disciplined about using their money to solve their problems. That’s because they understand...
To make a profit and pay operating expenses, banks typically charge for the services they provide. When a bank lends you money, it charges interest on the loan. When you open a deposit account (checking or savings) there are charges (fees) for that as well. Even fee-free checking and savings accounts have some fees. It’s important...
Introduce Yourself for our readers: My name is Thomas Porterfield and I am the owner of The Tax Express. What does your company provide and what are your specialties: The Tax Express provides tax preparation and planning services for individuals and small businesses. We specialize in finding credits and deductions for our clients to maximum...