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Ten Ways to Pick Yourself Up When You are Feeling Down

Life never runs entirely smoothly. Even so, there are times when people get hit with more than their fair share of disappointments. When troubles seem to be mounting up, it can begin to feel like...

Tax Treatment of Unemployment Benefits

The tax treatment of unemployment benefits you receive depends on the type of program paying the benefits. Unemployment compensation includes amounts received under the laws of the United States or...

New law provides relief for eligible taxpayers who need funds from IRAs and other retirement plans

The Internal Revenue Service provided a reminder today that the Coronavirus Aid, Relief, and Economic Security (CARES) Act can help eligible taxpayers in need by providing favorable tax treatment...

Three Unique Tips to Increase Your Work from Home Productivity

There are plenty of articles floating around the internet right now with tips about working from home. On top of the official guidance you get from your office, unofficial tips are scattered around...

What taxpayers need to know about the home office deduction

The home office deduction allows qualifying taxpayers to deduct certain home expenses on their tax return. With more people working from home than ever before, some taxpayers may be wondering if...

Tax credit helping homes become energy efficient

If potential savings on electricity and gas bills weren't enough, then a tax credit and other rebates have convinced a lot of people in the Lynchburg area to make energy-efficient home improvements. The tax credit gives homeowners 30 percent of the cost for buying...

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Set a plan for college tuition far in advance

While many prices we pay may not be going up fast, one that hasn't slowed down is the cost of college. The average annual cost of tuition and education expenses at a public university is approaching $20,000, according to the National Center for Education Statistics....

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Refinancing booms, but it’s not for everybody

One silver lining clinging to that stubborn cloud of economic malaise that just keeps hanging around is that mortgage rates have drifted to such ultralow levels. And as a result, a lot of homeowners are taking a good, long look at refinancing. John and Lisa Baxewanis...

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