Here's What to Do If You Get Audited
By Mikey Rox February 2018
We often exaggerate the phrase, "My worst nightmare," but when it comes to getting audited, it's true. Audits are many people's worst nightmare — but they don't automatically have to mean financial disaster.
To help navigate the unwelcome process, consider these important steps to take as suggested by tax professionals.
Moving From Emotional To Analytical (With Finance & Fitness)
By J.D. Roth August 01 2018
This morning, for the first time in more than eight years, I weighed in at 200 pounds.
I am not proud of this fact but it’s the truth. I own it. I got to this point through my own actions, not because some cruel tormenter force-fed me cheeseburgers and beer.
When I’m overweight, I tend to internalize the problem, which generally leads to a vicious cycle of overeating, shame, and self-loathing. While I’m older now and more aware of my mental processes, I still struggle with self-defeating thought and behavior.
(This is exacerbated, of course, by my recent battle with depression. In fact, I suspect the depression has a hand in my life-long weight issues. The onset of both seem to be correlated.)
Being fat affects my self-confidence and self-esteem. I’m less likely to be social. When I do go out and see people, I’m less engaging (and I know it). Right now, my weight is actually hindering my work too.
Reposted for our newest members
Servin29: So You Are Suddenly Wealthy. Now What?
Whether you just received a sizeable inheritance or you just won the lottery, sudden wealth changes people's lives.
1. Call Your Close Family Together. Remember that, no matter what, your family and close friends come first. Call your close family members together, talk about your newfound wealth, and discuss how to proceed with the next step of surviving this major change in your lives. Just like a ship will break apart if it is being pulled in multiple directions, it is important for you and your close family to concur on your family's life goals.
2. Immediately Call an Experienced Attorney and Accountant. Like it or not, your life just got more complicated as a result of having more money. You now have to contend with new tax laws, the risk of losing everything as a result of possible lawsuits, divorce, bad investments, death, incapacity, and any number of other possibilities.