Only about 1 percent of Americans are audited in a given year, and most of those are weighted toward people with high incomes. Still, it’s something you don’t want to take a chance on.
Retired taxpayers should be aware of some red flags that could lead to an IRS audit. And we’re talking about more than a few math errors, which may draw an IRS inquiry on their own, but are unlikely to result in a complete exam of their tax returns.
Here are some red flags worth knowing:
Not Reporting ll Taxabl...Do yourself and your family a favor and plan a night in, filled with fun and laughter, with a good old-fashioned family game night. Instead of spending money at a restaurant, surrounded by strangers, stay home and enjoy the company of your loved ones. Hosting a game night is a great way for your entire family to bond and make life-long memories.
Here are five ideas for your next family game night.
1. Card GamesFrom Go Fish to Rummy, card games are a classic family game night tradition. If you...As the term ‘staycation’ cements its place in the American lexicon, many families are looking beyond s’mores on the grill for new ways to make vacationing at home a fun and memorable adventure.
Here are five simple staycation ideas to help you do that:
Put Time on Hold – Recreate the leisure of past vacations by putting away your watches and doing your best to unplug from emails, texts and social media during the time the family is on staycation. Just taking a break from checking your feeds se...A cold winter breeze infiltrating your home can chill you to your core. However, by making a few simple and cost-effective changes around your house, you can stay warm and cozy all winter long.
The New Year provides us the opportunity to make positive changes, a blank slate so to speak. While many are busy making personal improvements, January can actually be an ideal time to tackle minor updates to your house.
With a little creativity and patience, these easy and affordable projects will give your living space a much-needed facelift this year.
Replace outdated hardwareAlthough they’re highly desirable, kitchen renovations are expensive—thousands of dollars expensive. Instead of s...Each year, thousands of children across the U.S. fall from windows and suffer serious injuries or death. Falls are most common among toddlers, who are curious and don’t recognize the potential danger. A child can be injured even in a fall from a first-floor window, but the chance of severe injuries or death increases with the height of a fall. Window guards can save children’s lives.
Screens Can’t Keep Kids SafeMany people believe a screen will prevent a child from falling out a window. That mi...
Your bathroom is a space you use every day. That’s why it’s important to make these rooms as appealing as possible when selling your house. By giving your bathroom some attention, potential homebuyers will be able to imagine themselves starting their morning in this room.