A tax audit, as the name suggests, is an audit by the IRS to double-check your numbers. Typically, it is just to ensure that your return does not have any discrepancies. But the sheer idea of the involvement of the IRS can give you jitters. However, you need not fear if you are telling the truth. A tax audit does not always mean that something is wrong. It could even be caused due to manual errors. On the other hand, it can have serious implications for those who are cheating the authorities. Before understanding how to deal with the situation, you need to know why it arose in the first place. Here are some reasons why the IRS could audit you. … Read More »

Many of us have an unhealthy relationship with money. We misuse the money we have, perhaps by spending too much of it on frivolous things. We let it control us as we live lives based purely on monetary gain and trying to achieve the nicer things in life. And some of us neglect it; failing to make time to build our relationship with money because we don't think that it should be a priority. … Read More »

You’re in your early or mid-30s and earning reasonably well, but you haven’t really come around to planning your finances or using strategies that could help you save more and build wealth over the next twenty years. … Read More »