Posts by Amanda Dixon:
The IRS allows some nonprofits to avoid paying federal income taxes. The only problem is that the application for federal tax exemption (Form 1023) is extensive. In addition to completing the standard application, you’ll likely have to submit additional attachments and financial documents. Wish the application process was shorter? It can be if you’re allowed to submit Form 1023-EZ instead. Read on for a breakdown of what the form is and how to fill it out. Read more
Businesses and individual consumers have something in common. Both groups have to file taxes. Some groups, however, are automatically tax-exempt, meaning that they’re not required to pay federal income taxes. Others must apply for tax-exempt status. If you want your organization to be exempt from federal taxation, you may need to file IRS Form 1023. Here’s everything you need to know about it. Read more
Besides comparing colleges based on their size and academic programs, high school graduates need to consider whether they’ll take advantage of in-state scholarships and grants or enroll in an out-of-state school. After, all some states do a better job of providing students with a high quality education. Wondering how your state’s public colleges compare to schools across the country? Take a look at our ranking of the best states for higher education. Read more
Editorial Note: This content is not provided by the credit card issuer. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been… Read more
There are multiple ways to send money. In the past, you may have written a check. But these days, you can transfer money electronically through various payment systems, including apps like PayPal and… Read more
The Free Application for Federal Student Aid is a form that students must submit each year if they need federal assistance for their undergraduate or graduate school courses. You may also need to… Read more
Is a wine-soaked vacation on your bucket list? Ours too. If you’re on a budget or short on vacation days, the good news is you don’t have to head all the way to France or Italy to visit wine country.… Read more
Many of us don’t get enough sleep. One in three adults are sleep-deprived, according to a Centers of Disease Control and Prevention study. Some hard-working people are too busy to get the recommended… Read more
If you’re on a mission to earn as many credit card rewards as possible, you’ll need to be strategic. You’ll need to understand how your rewards program works. And you’ll need to know how to maximize… Read more
If you’re like most adults, you probably receive mail from credit card companies regularly. In some cases, you might receive a notice about your latest credit card statement. Or you may get a letter… Read more
Employment growth among jobs in the STEM field varies widely. According to the Department for Professional Employees, the number of job opportunities for aerospace engineers increased by 53% between… Read more
Many of us have a lot on our plates. Besides our demanding jobs, there may be dishes to wash, children to feed and errands to run. If we have to do something outside of our normal routine, we often… Read more
Basically, your loan-to-value (LTV) ratio is the flip side of your down payment, assuming that the purchase price equals the appraised value of the home. So if you are putting down 20%, your LTV is… Read more
What happens if your laptop breaks down? Your first instinct may be to immediately buy a new one, especially if you need a laptop to run a business or finish schoolwork. But if you’re running low on… Read more
We’ve all grown accustomed to instant gratification. We can get instant coffee and instant access to our favorite movies and TV shows. So when we actually have to wait for something, being patient… Read more
Television ratings reveal that hockey is far from being America’s favorite pastime. In fact, the numbers seem to suggest that the sport’s popularity is declining, especially in terms of viewership.… Read more
Whether you just bought a house or you’re trying to renovate an old one, furniture shopping can be intense. And depending on what you’re looking for, it can also be expensive. If you’re on a budget,… Read more
How long does it take to sell a house? It depends on where you live and what’s happening in your local housing market. If it’s a seller’s market, home sellers will have an advantage. There will be… Read more
The official unemployment rate is considered to be a good indicator of where the economy stands, but there’s still a lot that it won’t tell you. Looking at the unemployment rate won’t tell you how… Read more
The marriage rate has declined over the past several decades and the median age of first marriages for women and men has climbed steadily in the past 50 years. While many people are postponing… Read more
Owning a home can be expensive. Paying for property taxes, repairs and homeowners insurance can significantly reduce what you can spend on luxury items and discretionary goods and services.… Read more
Going to college seems to get more expensive every year. Tuition, fees, room and board for an in-state student attending a four-year public institution cost $26,820 for the 2017-2018 school year (on… Read more
Wedding costs are climbing. Between 2014 and 2015, the average cost of a wedding rose by 4.6%, according to The Knot Real Weddings Study. Nuptials now cost $32,641, on average, and one in eight… Read more
Making sense of the U.S. tax code can be a daunting feat. That’s why many taxpayers turn to professionals when they need to file their tax returns. Regardless of whether you’re working with a tax… Read more
The Earned Income Tax Credit (EITC) reduces tax bills for low-to-moderate-income working families. It’s a tax credit that ranges from $538 to $6,660 for the 2020 tax year depending on your filing… Read more
