As the New Year ushers in, many people on Long Island, New York are making a list of goals to accomplish and bad habits to eliminate. While more people are concerned about their career and health, they should also look into their financial wellness and think about bad...
Month: December 2013
More Americans prefer filing for Chapter 7 bankruptcy
Relying on credit cards to cover most needs is not a good decision. Many Americans, including those here in Long Island, New York, have filed for bankruptcy because of credit card debts. In fact, 32 percent of those who filed for bankruptcy cited credit card debt as...
IRS Offers Tips for Year-End Giving – Part 1
The IRS provided guidance today for tips for year-end giving. Individuals and businesses making contributions to charity should keep in mind several important tax law provisions that have taken effect in recent years. Some of these changes include the following:...
Starting fresh by filing Chapter 13 bankruptcy
Ending up in a credit mess is something no one plans for. Many New Yorkers face the everyday stress of trying to get by but end up with debts that could take years to eliminate. Relying on credit cards to pay for everything, for instance, is one sure way to end up...
Aaron Carter files for Chapter 7 bankruptcy
Even celebrities have their share of financial downturns, and when they do, they want the same thing as everybody else, a fresh start. New Yorkers who have followed Aaron Carter's career may be saddened to hear that he is one of the most recent celebrities to file for...