Do You Have to Pay Taxes on the Sale of Your Home?
Submitted by the Bond & Botes Law Offices - Thursday, August 2, 2018
The answer to the question is, more than likely you will qualify to exclude from your income all or part of any gain from the sale of your home. Consider the below items when selling a home:
Planning a Budget for the Coming Year
Submitted by the Bond & Botes Law Offices - Wednesday, August 1, 2018
The school season will be back in just a few weeks, and even though here in Alabama it still feels like Summer, the Fall season is fast approaching. It may seem strange to think of home finances at this time of the year, but this season actually provides several benefits when it comes to personal financial planning. I this blog post, I’d like to talk about
Maker of Sweethearts Candy Abruptly Shuts Its Doors
Submitted by the Bond & Botes Law Offices - Tuesday, July 31, 2018
Valentine’s Day might look a little different next year. The plant that manufacturers Sweethearts candy closed suddenly last week. Round Hill Investments, LLC abruptly shut down the New England Confectionery Company, or Necco, plant in Revere, Massachusetts. Necco has been the oldest continuously operating candy company in the United States. In addition to the beloved Sweethearts candy, the company also makes Mary Jane and Squirrel Nut Zippers candy, among
25 Years of Reflections
Submitted by the Bond & Botes Law Offices - Thursday, July 26, 2018
On August 9, 1993, I started working fresh out of college with Bond & Botes as the receptionist. I was 22 years old and thought I knew a lot. Little did I know how much I would have to learn. My 22-year old self was eager to learn, unsure about a lot of life’s mysteries, but still trusting of people.
Is Lil Kim Losing Her Home?
Submitted by the Bond & Botes Law Offices - Wednesday, July 25, 2018
Back in 2015 I blogged about the infamous Real Housewives of New Jersey Guidice family and their bankruptcy woes, including the potential loss of their home to foreclosure. Now we have another infamous New Jersey resident facing the same dilemma, rapper Lil Kim.
Many Millennials Regret Buying A Home
Submitted by the Bond & Botes Law Offices - Friday, July 20, 2018
A recent CNBC article reports that a large percentage of millennials regret buying their home. Currently, about 40% of millennials (ages 21-34) are home owners according to a recent Bank of the West survey. Yet, 68% of them feel buyer’s remorse. This figure is about double the rate of Baby Boomers in the same circumstance.
Newest Student Loan Scams
Submitted by the Bond & Botes Law Offices - Thursday, July 19, 2018
Student loan debt far outweighs credit card and auto loan debt for most Americans. Because student loans have become such a burden to many people, scammers have found a way to prey on these overwhelmed fears of student loan debt.
Wildfires Could Force PG&E into Bankruptcy
Submitted by the Bond & Botes Law Offices - Wednesday, July 18, 2018
Pacific Gas & Electric (PG&E) has warned California lawmakers that it may need to file a bankruptcy if the company is found liable for the wildfires that ravaged parts of California in 2017.
Am I Really Spending That Much on Food?
Submitted by the Bond & Botes Law Offices - Monday, July 16, 2018
If you look at my blog posts, I try to concentrate on helping families improve their household budgets.
What Are Estimated Tax Payments, Who Needs to Make Them and When Are They Due?
Submitted by the Bond & Botes Law Offices - Thursday, July 12, 2018
Taxes must be paid as you earn or receive income during the year. Chances are if you receive a regular paycheck (either weekly, bi-weekly, semi-monthly or monthly) from an employer, your taxes are being withheld from that check. You need to make sure the amount being deducted is correct so you don’t owe taxes at the end of the year.