home improvement scams

Home Improvement Scams

Your home is your castle and it is also probably your most valuable investment. Unfortunately, many homeowners unwittingly hire crooked contractors to improve or repair their castles, and they wind up being cheated out of money or paying for inferior work. The home improvement business is crawling with cheats. Before signing on the dotted line,…

deductions income tax

Don’t Lose Your Charitable Deduction

For you to claim a federal income tax deduction for a charitable donation valued at $250 or more, you must obtain from the recipient of the donation a “contemporaneous written acknowledgment” letter. Failure to obtain such a letter can result in a disallowance of the deduction by the IRS. The acknowledgment letter, which may be…

car safety braking

Car Safety

What if Your Brakes Fail? Although rare, total brake failure can be a terrifying and perilous experience. As in all emergency situations, remaining calm is the first and most important step. In addition to that: Shift into a lower gear if your car has an automatic transmission. If it has a manual transmission, downshift. Engage…