Mortgage, Home Buying and Credit Card Expert
Amelia Josephson is a writer passionate about covering financial literacy topics. Her areas of expertise include retirement and home buying. Amelia's work has appeared across the web, including on AOL, CBS News and The Simple Dollar. She holds degrees from Columbia and Oxford. Originally from Alaska, Amelia now calls Brooklyn home.
Posts by Amelia Josephson:
Perhaps you’re drawn to the revitalized city of Detroit or the natural beauty of the Upper Peninsula. Regardless of where you want to move, the cost of living in Michigan can differ from city to city. So if a move to Michigan is in the cards, make sure you plan for major costs, like food, housing, taxes, utilities and more. Read more
To claim the Premium Tax Credit (PTC), you must file IRS Form 8962 with your federal income tax return. The PTC is meant to help people recoup some of the money they spent on Marketplace health insurance premiums by lowering their tax burden. With Form 8962, you are reconciling the tax credit you are entitled to with any advance credit payments (or subsidies) for the tax year. Generally, to be eligible for the PTC, you or a family member must have been enrolled in a health insurance program through the Marketplace for at least one month in the tax year, and your household cannot exceed four times the poverty level for your family size. The size of your tax credit depends on the cost of available health insurance, your family size, where you live and your address. A financial advisor can help you optimize a tax strategy for your financial needs and goals. Read on for more essential information about Form 8962. Read more
The 2012 presidential election set records for the most expensive in U.S. history, and the 2016 election is on track to break that record. Total spending on the 2016 presidential race is projected to top $10 billion. That includes spending by candidates, parties, outside groups and individuals. Let’s take a closer look at the campaign finance landscape in the U.S. Read more