TessMore Finance Blog

The best business checking accounts can help you keep track of your business’s day-to-day financial transactions. However, many new business owners hesitate to start because of the perceived complexity. There are required documents, rules, and regulations about using the account. But setting up a business checking account doesn’t have to be stressful or time-consuming. In this article, we’ll help you determine whether or not you need a business checking account and show you how to open that account when you’re ready. Table of Contents Do I Need a Business Bank Account?  Steps to Open a Business Checking Account 1. Determine What Type of Business Checking Account You’ll Need 2. Research Banks That Offer Business Accounts 3. Gather the Necessary Documentation 4. Open the Checking Account 5. Fund the Checking Account 6. Route All Business Income and Expenses to the New Account 7. Notify Necessary Parties of the New Account Where to Open a Business Checking Account Axos

Understanding the 5-Year Rule is important for getting the benefits you need. Although it’s not officially called that, here’s what the SSA’s Code of Federal Regulations says about the 5-Year Rule: “No waiting period is required if you were previously entitled to disability benefits…any time within 5 years of the month you again became disabled.” In other words, you don’t have to wait for benefits if you’ve been eligible for benefits within the last 5 years. This rule makes it easier for people suffering from the same condition(s) to quickly get the help they need without waiting on the application process (which can take 5 months or more ). Table of Contents How the 5-Year Review Process Works Difference Between Short-Term and Long-Term Disabilities Essential Documents for a 5-Year Review Addressing Common Myths Steps to Take if Your Benefits are Denied After Review Navigating the SSD 5-Year Rule with Confidence Difference Between Short-Term and Long-Term Disabili

Mint announced earlier this year that they will be shutting down at the end of the year. Intuit has suggested that its users go to Credit Karma, another Intuit product, because they will be migrating many “Mint-like features” over to Credit Karma according to their FAQ . “You will be able to bring the majority of your Mint financial account balances, your entire net worth history, plus all of your supported account connections and transactions. When the time comes to move your financial account data from Mint to Credit Karma, your personal information will not be moved without your consent.” When I logged into my Credit Karma account, I did see something new (to me) that seems in line with what may be expanded with Mint’s features – the ability to track my net worth. This is a feature that was added earlier this year: If you click it, you can start linking your accounts to confirm your net worth. On its own, not super compelling but when you start introducing Mint-like featur

If you don’t have a degree in finance and you aren’t a “math person,” it’s tempting to believe you need a financial advisor. After all, many people hire others to repair their cars, deliver food, and even mow their lawns.However, a financial advisor is unique because most people do not need one, and some financial […] Source from I Will Teach You To Be Rich https://ift.tt/RLklAug

From real estate investment trusts (REITs) to real estate crowdfunding platforms , it’s never been easier to invest in passive real estate. In the past, investing in commercial real estate has been challenging. Commercial real estate can be very expensive, making it hard for the average investor to enter the market. Enter Fundrise . Fundrise is a private market real estate investing platform that allows you to invest in eREITs (electronic REITs) that aren’t traded on public stock exchanges. But Fundrise offers more than just commercial real estate. You can also invest in high-interest-yielding private credit deals, and the stock of rising technology companies before their shares are made available to the general public. With as little as $10, investors have the ability to participate in some of the most sought-after stock investments on Wall Street. When you combine private credit and pre-IPO stock in innovative technology companies with the many commercial real estate opportu

Are you looking to find out how much it’ll cost you to prepare your taxes with TurboTax in 2023-2024? TurboTax has several versions and in this article, you’ll learn how much it costs to prepare you taxes for Tax Year 2023. (the Tax Year 2023 is the tax year that you’ll be filing on the tax deadline in 2024, which is April 15th, 2024.) When you go the TurboTax website, you don’t see the familiar packages like Deluxe, Premium, Home & Business, etc. anymore. For marketing purposes, they’ve organized it by the level of “assistance” you need. The ranges are accurate but it doesn’t show you the pricing until you click on the “Start for free” button. You have to register, start the tax preparation process, and then you learn how much it costs. I don’t think they’re being intentionally opaque, it’s just that the pricing isn’t completely clear. If you’re confused, here’s how the pricing works: Table of Contents TurboTax Pricing Structure for Tax Year 2023 Federal Returns: D

I was a little surprised when Apple announced they were offering a high yield savings account. But when you consider how we use our phones today, it’s no wonder Apple wants to get into the banking business. We tap to pay, why not do it with an Apple Card instead of a Visa or MasterCard? It’s a natural extension to start offering banking services too. If you’re an Apple customer, you can earn a higher yield on your savings too. Apple originally teamed up with Goldman Sachs to bring customers the Apple High-Yield Savings Account, which pays above-average interest on your savings. (there is news that they are ending the relationship in 12-15 months, but we don’t yet know who will be taking over – the information below is accurate as of publishing but could change) But how does the Apple High-Yield Savings Account work, and how does it compare to similar products from other financial institutions? We answer those questions and more in this Apple High-Yield Savings review. Table