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Personal Finance

IRS Audits - An “Audit” is what happens when the IRS picks your return out from the pile for extra scrutiny. The auditing process is designed to catch errors in the tax returns, verify the correct amount of… Read More...
Income Tax Filing and the Form 1040 - Income tax is the tax you pay on your income, usually directly taken out of your paycheck. Additionally, if you earn rents from rental properties, investment income, interest on your savings account or bonds, or… Read More...
Reconciling Accounts - Reconciliation is the process of reconciling your checkbook by comparing your own written records with your bank statements. Although this process has changed drastically in the 21st century, it is still an important for your… Read More...
Wealth - "Wealth" means having an abundance of something desirable. This can be tangible, like money and property, or intangible. Read More...