Money Management Articles
Money Management articles provide financial tips on a broad range of topics. Kids going to college? Own a small business? Buying a new house? Money Management articles can help. Take a look at some recently published articles, or use the search function on the web site to find information about a specific topic.
- Understanding the ABC’s of the AMT
- Contact Debbie Gibb, 248.267.3700 March 1, 2010--Troy, Mich--Are you aware of all the tax laws that affect you? Many people are often surprised to find themselves subject to the AMT, which is short for the alternative minimum tax. Although this...
- Should You Convert to a Roth IRA?
- Contact Debbie Gibb, 248.267.3700 March 8, 2010--Troy, MI--Converting a traditional IRA to a Roth IRA can offer greater flexibility in retirement. And, beginning this year, more taxpayers are eligible to make this conversion. However, there are...
- Tax Credits for Education: An Update
- Contact Debbie Gibb, 248.267.3700 March 15, 2010--Troy, Mich--A college education remains a big-ticket item. In fact, the average annual tuition at a private four-year college is now $26,273, up 4.4% from last year, while annual tuition at public...
- Tax Relief for Ponzi Scheme Losses
- Contact Debbie Gibb, 248.267.3700 March 22, 2010--Troy, Mich.--The name Bernard Madoff will forever be associated with investment fraud. Unfortunately, however, Madoff is not the only bad apple involved in handling the money of trusting...
- Does Your Small Business Have an NOL?
- Contact Debbie Gibb, 248.267.3700 March 29, 2010--Troy, Mich.--In the current economy, it’s safe to say that many small businesses might have chalked up a net operating loss (NOL) during the last year or two. If that’s the case, the Michigan...
- The Tax Advantages of Home Ownership
- Contact Debbie Gibb, 248.267.3700 February 1, 2010--Troy, Mich--If you own your own home, there are some significant tax advantages that can make the prospect more affordable. As a result of the uncertain economy, the federal government has also...
- Questions to Ask Your CPA at Tax Time
- Contact Debbie Gibb, 248.267.3700 February 8, 2010--Troy, MI--Tackling your tax return can be a challenging task. That’s why it’s a good idea to arrive at your tax return preparation appointment ready with questions that will help clarify the...
- Getting Organized at Tax Time
- Contact Debbie Gibb, 248.267.3700 February 15, 2010—Troy, MI--During the last month, you’ve probably received a flurry of important tax-related documents in the mail. They serve as a reminder that the deadline for submitting your tax return is...
- What the COBRA Subsidy Extension Means to You
- Contact Debbie Gibb, 248.267.3700 February 22, 2010—Troy, MI--Those who have been laid off in the troubled economic climate clearly face many challenges, such as paying their bills and finding new employment. If you are out of work, maintaining...
- Five Financial New Year’s Resolutions to Keep This Year
- Contact: Debbie Gibb - 248.267.3727 January 4, 2010--Troy, MI--At the beginning of each new year, many people make a list of resolutions to keep in the coming months, such as losing weight or learning a new skill. As you make your list, don’t...
- Safe Online Banking Tips
- Contact: Debbie Gibb - 248.267.3727 January 11, 2010—Troy, MI--Many people enjoy the convenience of doing all their banking over the Internet, but some consumers worry about the safety of their online transactions. The Michigan Association of...
- To Borrow or Not To Borrow?
- Contact: Debbie Gibb - 248.267.3727 January 18, 2010—Troy, MI--People use debt to finance any number of purchases, and borrowing money for a worthwhile purchase is not always a bad idea. However, some buys are worth financing over time and others...
- Avoiding Overdraft and Bounced Check Fees
- Contact: Debbie Gibb - 248.267.3727 January 25, 2010—Troy, MI--Have you ever been hit by a hefty charge for accidentally withdrawing more money than is in your checking account? These fees can be quite high, so the Michigan Association of CPAs...
- Debt Management Mistakes to Avoid
- Contact: Debbie Gibb - 248.267.3727 December 28, 2009--Troy MI--Most people carry some debt, whether it’s a credit card balance or the money they owe on a car loan or home mortgage. Debt is not necessarily a bad thing, but it can become a...
- Smart Holiday Shopping Tips
- Contact: Debbie Gibb - 248.267.3727 December 7, 2009--Troy MI--The holidays are an exciting time, but they can also be an expensive one. Many people have tightened their belts during the last year because of the troubled economy, but that doesn’t...
- Don't Get Scammed When Making Travel Plans
- Contact: Debbie Gibb - 248.267.3727 Many people take vacations or visit family at this time of year. That’s the good news. The bad news is that there are a number of scams that unsuspecting travelers can fall victim to if they are not careful....
- Five Questions to Ask When You Join a Gym
- Contact: Debbie Gibb - 248.267.3727 December 21, 2009--Troy, MI--As the new year draws near, many people are probably resolving to lose weight or get into better physical shape. If so, you’re not alone, because more than 45 million Americans...
- 529 Savings Plan Tips in Uncertain Times
- 529 college savings plans allow you to set aside money for tuition costs in an account where it can build up profits that are usually exempt from federal, state and local taxes. They can be a good tool for parents, but after recent stock market...
- How to Get a Better Financial Aid Package
- College costs have become an enormous outlay for every family, and they seem to rise by larger amounts every year. In fact, tuition and fees at private four-year colleges jumped 5.9% last year, according to the College Board, and they rose 6.4%...
- Avoid Magazine Subscription Scams
- If a promise sounds too good to be true, it almost certainly is. And that’s the case with many offers for magazine subscriptions that you may receive over the phone or from someone selling door to door. The Michigan Association of CPAs offers...








