Are you insured, and do you have the proper protection? “Survey says,” most of the American population cannot determine the difference. According to BusinessDictionary.com, insurance is a risk-transfer mechanism that ensures full or partial financial compensation for the loss or damage caused by events beyond the control of the insured party; and, protection is the […]
A one-stop shop for the top tips and news on managing family and personal finances from EM financial experts.
September is Life Insurance Awareness Month. If you currently have a life insurance policy – or you are considering getting one – here are three important legal facts for holders and beneficiaries: 1.) Life insurance proceeds may not be taken from the beneficiary to satisfy decedent’s sole debt. As a contract, creditors do not have […]
By Ivy Ford, EM Tax Columnist, Tax Biz It takes a bit of planning to ensure that things go smoothly when it is time to file your taxes each year. Below are a few tips to help you prepare for the process: 1. Make a list of all income sources. Employer/ contractor–include all jobs whether […]
By Ivy Ford, EM Tax columnist, owner of Tax Biz 1. Security Breaches /Beware Tax-related identity theft is a continuing problem, with the National Tax Advocate reporting use of stolen Social Security numbers. Identity theft with the IRS doubled in 2013. There was a huge security breach with Target this past holiday season where social security […]
Q: Are there loans available to small businesses that can’t qualify for bank loans? A: If you are a small business owner or even an entrepreneur with an idea, you may qualify for a loan from ACCION Texas-Louisiana. They provide credit and service to small and startup businesses that have little or no access to […]