7 Things You Should Always Buy at Thrift Stores

Article by Allison Martin with MoneyTalkNews I was introduced to the art of thrifting a few years back when I was going through a rough patch and desperately needed attire for an interview. I had frowned at the thought of shopping at Goodwill, Salvation Army or any other secondhand store. They were loaded with cheapskates,…

Tax Changes Taking Effect January 1, 2019

Champagne will flow, Auld Lang Syne will be sung, resolutions will be made (and soon forgot, and never brought to mind), and, in a handful of states, taxes will change. There is less January 1st activity than we usually see, but this does not mean 2018 was a quiet year. Rather, state consideration of tax conformity after…

Tax Trends Heading Into 2019

Key Findings State tax changes are not made in a vacuum. States often adopt policies after watching peers address similar issues. Several notable trends in tax policy have emerged across states in recent years, and policymakers can benefit from taking note of these developments. The enactment of the federal Tax Cuts and Jobs Act (TCJA)…

10 Easy Tips to Save Money This Christmas

Want to learn how to save money on gifts this Christmas and not feel like a Scrooge? According to this year’s National Retail Federation holiday survey, the average American will spend close to $700 this season on gifts, cards, decorations, and the like. This is one time when you want to be below average —…

Financial Friday | Here are the new income tax brackets for 2019

Prepare your calculators. The Internal Revenue Service has updated its tax brackets for 2019. This year marks the first under the new Tax Cuts and Jobs Act, an overhaul of the tax code that resulted in lower individual income tax rates, a doubled standard deduction and the elimination of personal exemptions. For the new year,…

Financial Friday

Weekly Review The stock market continued to advance this past week while the bond market was mostly directionless.  Traders focused their attention on the midterm elections last Tuesday and seemed delighted at the prospects of legislative gridlock when it became apparent Democrats would take back the House of Representatives while the Republicans would remain in…

Taking Fear Out of the Mortgage Process

A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainties about the buying process. A specific cause for concern tends to be mortgage qualification. For many, the mortgage process can be scary, but it doesn’t have to be! In order to qualify in today’s market, you’ll…

Gratuities guide: A cheat sheet on tipping do’s and don’ts

Take the confusion out of tipping Knowing when to tip and how much can be bewildering. For example: Do you tip a restaurant server the same amount when you dine in as you do when you pick up takeout? What’s the standard these days: 15 percent? 20 percent? Are there situations when you should tip…

Financial Friday | Markets in a Minute

For the Week Ending October 26, 2018 Minutes from last month’s Fed FOMC meeting showed officials broadly agreed on raising interest rates further. The next anticipated rate hike is in December. Retail sales rose slightly in September. Consumer spending ended the 3rd quarter with strong momentum and should boost further economic growth. Jobless claims dropped…