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Finances

What is an External Revenue Service?

January 24, 2025 by Joseph Belbol

Everyone is aware of what the Internal Revenue Service does, especially when they file their tax returns, but what exactly is an External Revenue Service and how would this impact you? Proposed Agency An External Revenue Service would be responsible for collecting tariffs from foreign goods that are sold in the U.S. Tariffs are expected […]

Filed Under: Business, Economy, Expenses, Financial, IRS, Taxes Tagged With: business, Expenses, Finances, financial, IRS, Taxes

IRS is Stepping it Up

October 18, 2024 by Joseph Belbol

The Inflation Reduction Act increased the budget of the IRS substantially, and their efforts are already proving to be effective. Think of them as a bully who started to take steroids while training in jiu-jitsu. Here are the latest reported examples of their efforts: $172 Million Recovered from 21,000 Wealthy Taxpayers In February 2024, the […]

Filed Under: Business, Debt, Expenses, Financial, IRS Resolution, New Jersey Tax, Taxes Tagged With: business, Expenses, Finances, Taxes

What is the Best Business to Start?

August 23, 2024 by Joseph Belbol

Are you thinking about starting a business and don’t know which one to start? You can look at the latest business trends and fastest growing industries, but there are some easier, simpler approaches. Start What You Know Your chance of success skyrockets when you get into a business that you are already familiar with. For […]

Filed Under: Economy, New Jersey Tax Tagged With: business, Expenses, Finances, financial, Marketing, Taxes

4 Business Risks You Need to be Aware Of

January 27, 2023 by Joseph Belbol

Business is about taking risks to earn a profit. However, there are some risks that can creep up on you slowly or swiftly that can either destroy or greatly damage your business. Health Issues: As we get older, health issues become a larger risk. Common and sudden issues can include heart attacks and strokes. The […]

Filed Under: Business, Financial, Self-Development, Technology, Uncategorized Tagged With: business, Debt, Expenses, Finances, financial, Marketing, Taxes, Time Management

How Does the Recovery Rebate Credit Work?

March 4, 2022 by Joseph Belbol

The recovery rebate is a credit for taxpayers who either did not receive or received less than the full amount of their Economic Impact Payments. Here’s how it works for the 2021 tax year: Economic Impact Payments and plus-up payments were issued during 2021 from March through December. If you received the full amount of […]

Filed Under: Budgeting, Economy, Expenses, Financial, Taxes Tagged With: credits, Finances, IRS, Taxes

15 Minutes to Success

October 23, 2020 by Joseph Belbol

I was going to call this article the 15 minute rule, but then I realized there was a book by the same title, which I have not read. Can 15 minutes make a difference to your success? Here’s my view of how it can: It Gets You Started Almost everything takes longer than 15 minutes […]

Filed Under: Business, Financial, Self-Development, Time Management Tagged With: Finances, Success, Time Management

Do You Want a Free Credit Report?

September 24, 2020 by Joseph Belbol

Anytime you hear the word “Free” there is usually a catch and the free item isn’t really free. Surprisingly, you can receive a free credit report by doing this: Type annualcreditreport.com into your browser, click on “Request your free credit reports,” and start the process. It will take you less than 10 minutes and it […]

Filed Under: Budgeting, Debt, Expenses, Financial Tagged With: credit report, Debt, Finances

5 Risks to be Aware of that Will Hurt Your Finances

August 7, 2020 by Joseph Belbol

There are ups and downs in life, good times and bad, and everything in between. Unfortunately, some events can hurt your finances in a significant way and may even be beyond your control. What are some of these risks to be aware of and what can you control? Health Issues As we become older, there […]

Filed Under: Budgeting, Business, Career, Debt, Economy, Expenses, Financial, IRS Resolution, New Jersey Tax, Taxes Tagged With: Finances, income, risk, Taxes

What Will Your Business Look Like and What Changes Can You Make?

May 15, 2020 by Joseph Belbol

Eventually things will open up fully and business activity will be flowing better than it is right now. What will your business look like and what are some changes you can make? Technology The use of virtual meeting technology has skyrocketed with apps like Zoom and Google Meet. This pandemic has forced businesses to be […]

Filed Under: Budgeting, Business, Debt, Economy, Employees, Expenses, Financial, Time Management Tagged With: COVID-19, Finances, technology, Time Management

Wanna Be More Comfortable Financially?

February 22, 2020 by Joseph Belbol

Isn’t this what everyone says, that they want to be more comfortable financially? There are two ironies that are common with this thought, but you can do something about it. Scenario #1 In this scenario you are making a good living, saving plenty, built up a good portfolio of assets, and have little to no […]

Filed Under: Budgeting, Career, Debt, Expenses, Financial, Investments Tagged With: Debt, Finances, income

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