A Guide to Schedule K-1 (Form 1041)

Inheriting property or other assets typically involves filing the appropriate tax forms with the IRS. Schedule K-1 (Form 1041) is used to report a beneficiary’s share of an estate or trust, including income as well as credits, deductions and profits. … Continue reading →

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The Average Salary of a Pharmacist

. If you’ve been to the pharmacy lately, you may have found yourself wondering how much pharmacists make. Being a pharmacist, at least at the retail level, involves a lot of standing, long shifts and dealing with customers. In other … Continue reading →

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Leasing a Car: 7 Reasons Why You Should Consider It

Would you like to spend less money up-front, drive away from the dealership in a brand-new car, and spend less time and money on vehicle maintenance? Consider leasing your next car. What Does Leasing a Car Mean? Leasing a car is a lot like renting one—but for a much longer period of time. When you… Read More

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Mint Money Audit: Managing Money When You Make Enough

Anna’s email requesting help with her finances began with a unique confession. “Farnoosh, my money problem garners little sympathy,” the 32-year-old wrote. “My issue is that I make too much of it.” Now, THIS is interesting, I thought. I immediately…

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Unemployment Benefits Explained: Terms, Definitions and More

Since the start of the pandemic, mass unemployment has rocked the nation. To help mitigate the damage, two economic stimulus packages allotted unprecedented sums of money to create new benefits programs that assist people who are out of work. Millions of newly eligible folks now have access to benefits. But the new programs put state […]

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Tips to Consolidate Credit Card Debt

Editorial Note: This content is not provided by the credit card issuer. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by the issuer. … Continue reading →

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Mortgage Impounds vs. Paying Taxes and Insurance Yourself

If you’ve been researching mortgages, or are in the process of taking out a home loan, you’ve probably come across the term “impounds” or “escrows.” When you hear these seemingly scary words, the loan officer or mortgage broker is referring to an impound account, also known as an escrow account. You may even be told [&hellip

The post Mortgage Impounds vs. Paying Taxes and Insurance Yourself first appeared on The Truth About Mortgage.

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