The Definitive Guide to IRS Penalties

140 Reasons the IRS can charge you a penalty. Last year, the IRS collected more than $3.4 trillion from taxpayers. Part of that total consisted of more than $11 billion in penalties on individual, trust, and estate income tax returns. [Source] The $11 billion didn’t include penalties on early distributions to IRAs. In fact, there […]

What are origination fees? Find out how much they are costing you and how to reduce them.

Average loan origination fees by loan type Mortgages 0.5% – 1%. Auto loans 0% – 2%. Student loans 0% – 4%. Personal loans 1% – 6%. Small business loans 1% – 6%. Interest rates are often the first thing people look at when applying for a loan. And while it’s important to know how much you’ll pay in interest, there’s […]

what is covered in flood insurance

If your home is involved in a flood, you may find comfort in having homeowners insurance. But don’t lull yourself into a false sense of security. Insurance and risk management expert, Matthew Struck, says, “Standard insurance doesn’t cover flood damage at all. Many homeowners are stunned to discover this fact when their homes are flooded.” Struck adds, […]

If you’re considering a private student loan to finance your education, check out credit union student loans. Unlike traditional banks, credit unions are nonprofit organizations, which could mean a lower interest rate for you. According to financial aid expert Carol Stack, co-author of The Financial Aid Handbook: Getting the Education You Want for the Price […]

make some extra cash with these side jobs

Interested in starting a personal business in addition to your day job? It’s easier than ever before to work full time and get a 1099. 7.5 million The number of people who held multiple jobs as of November 2017 (Source: Bureau of Labor Statistics). For many people, working a side hustle job is a way […]

Open Road Lending Review

OpenRoad Lending: An In-Depth Review

If you want to reduce your monthly car payment and pay less interest, OpenRoad Lending may steer you in the right direction. The company specializes in auto loans and has helped tens of thousands of car owners save an average of $100 per month. $100 Average saving on monthly payments with an OpenRoad Lending refinance […]