5 Tips to Prepare for Parenthood
As you prepare for life with your baby, here are a few things you should think about.
Big Tax Breaks for Hiring Your Children in the Family Business
With jobs at a premium during the COVID-19 pandemic, you might consider hiring your children to help with your business. Financially, it makes more sense to keep family employed rather than hiring strangers, provided, of course, your family member is suitable for the job. Note, however, that wages paid to children and other relatives aren’t…
5 Money Moves to Make Now that We’re Officially in a Recession
In June, the National Bureau of Economic Research announced the U.S. is officially in a recession. It’s important to take steps now to prepare and protect your finances.
Medicaid May Pay You as a Family Caregiver
Many states’ Medicaid programs allow you to hire relatives or friends to provide needed assistance. In certain cases, Medicaid may pay for their services.
ABCs of Finance: 4 Tips to Teach Kids About Money
Teach younger children some simple lessons today that will give them a solid foundation for making a lifetime of sound financial decisions.
Couples and COVID-19: 5 Ways to Work Together to Protect Your Finances
If you and your partner are among the millions whose finances have been impacted by current events, now is the time to make sure you have a plan in place to allow you to work together through the crisis.
Congress Provides Sick Leave and Child Care Leave Benefits for Employees
The federal government is providing sick leave benefits and child care leave benefits to affected taxpayers whose employers have fewer than 500 employees.
How To Calculate Your Net Worth
Two people may have the same annual income, but very different net worth.
How Do I Know If Our Family Is Eligible for Federal Financial Aid?
Your current income is the main factor that determines whether your child will qualify for aid, but it’s not the only factor.
Planning Considerations of Selling Your Business to Your Child
The Money Talks hosts explore the situation of a business owner who is looking to have his son take over his business so he may retire. The experts discuss the timeline for such a transaction, what planning issues need to be taken into account and how his options may need to change depending on how quickly he needs the money from the sale of his business.