Manage 4 Me, LLC

09/11/2017

For those of you caring for seniors, read through this great article to help you learn how to detect and avoid elder fraud including identity theft and caregiver fraud. Unfortunately it can be way too easy...

Elder fraud is a problem in western cultures world-wide.This article can help detect and avoid elder fraud including identity theft and caregiver fraud.

04/07/2017

Your new golden rule. Make sure a cut of every paycheck goes straight to your retirement or savings account and does not pass go. Pay yourself first and you might just retire like a boss later.

http://money.usnews.com/money/blogs/the-smarter-mutual-fund-investor/2015/10/15/pay-yourself-first-save-for-retirement-then-college-for-the-kids

Even when finances are tight, there are several strategies to make the most out of your income.

04/04/2017

If you’ve been on that ‘rent vs. buy’ fence for a while, keep this in the back of your mind. Buying a home is 23% less expensive than renting in a lot of top US markets. Hint: might be time to stop paying the landlord and start paying yourself.

https://www.chase.com/news/111016-renting-vs-buying?jp_cmp=en/10122818/ext/80577109/148504184

Decide which option fits your lifestyle.

03/30/2017

Thinking about buying a new car? This article will tell you when and how to get the best deal!

https://www.chase.com/news/122716-seasonal-car?jp_cmp=en/10122818/ext/81026296/149270271

For the best car deals, buy at month's end.

03/15/2017

http://www.marketwatch.com/story/how-to-write-off-moving-expenses-2015-02-27

The IRS can be generous when it comes to letting you deduct work-related moving expenses. But that doesn’t mean it’s easy to do.

02/21/2017

Retiring in Your Own Home: How Baby Boomers Can Age In Place!

http://www.homeadvisor.com/r/baby-boomers-aging-in-place/ #.WJFcPn_yQ2E

Socializing, Care Support and Technology are all key to Baby Boomers Aging in Place. An estimated 10,000 Baby Boomers turn 65 in the U-S every day...

02/14/2017

Don't be afraid to grow old. Here's how to do it gracefully!!!

http://www.pennlive.com/life/2012/12/how_to_age_gracefully_dont_be.html

Everyone talks about wanting to "age gracefully," but what does that really mean?

02/07/2017

Financial coach? Financial Planner? Daily Money manager? who can help you?

http://www.creditcards.com/credit-card-news/4-types-financial-helpers-which-best-for-you.php

02/01/2017

Driving yourself crazy trying to figure out how much to save for retirement?

http://time.com/money/4516950/what-retirement-savings-rate-millennials-should-target/

Is it really 22% of pay?

01/25/2017

Joint bank accounts: The thing that sometimes comes after love and marriage. Whether you’re combining all your cash money with your significant others, or just opening an account together for things like bills and groceries, money talk is hard. But kind of a big deal. About 75% of millennials fight with BAE about things like how much to spend and how much to save. So get a game plan together! Here are some great ideas from Chase!

https://www.chase.com/news/121316-gen-money-talks-2?jp_cmp=en/10122818/ext/78220230/144474476

Insights into how generations manage their money.

09/06/2016

If you sell your home and make a profit, do you know that the gain may not be taxable? That's just one key tax rule that you should know. Here are some facts to keep in mind if you sell your home this year.

1. If you have a capital gain on the sale of your home, you may be able to exclude your gain from tax. This rule may apply if you owned and used it as your main home for at least two out of the five years before the date of sale.

2. The maximum amount of gain you can exclude is $250,000. This limit is $500,000 for joint returns.

3. If the gain is not taxable, you may not need to report the sale to the IRS on your tax return.

4. Generally, you can exclude the gain from the sale of your main home only once every two years.

5. If you own more than one home, you may only exclude the gain on the sale of your main home. Your main home usually is the home that you live in most of the time.

6. If you claimed the first-time homebuyer credit when you bought the home, special rules apply to the sale.

7. After you sell your home and move, be sure to give your new address to the IRS. You can send the IRS a completed Form 8822, Change of Address, to do this.

08/23/2016

Do you work from home?

If you use part of your home for business, you may be able to deduct expenses for the business use of your home, provided you meet certain IRS requirements.

Generally, in order to claim a business deduction for your home, you must use part of your home exclusively and regularly:
• as your principal place of business, or
• as a place to meet or deal with patients, clients or customers in the normal course of your business, or
•in any connection with your trade or business where the business portion of your home is a separate structure not attached to your home.

Generally, the amount you can deduct depends on the percentage of your home used for business. Your deduction for certain expenses will be limited if your gross income from your business is less than your total business expenses.