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Best Mileage Tracker Apps of 2022

by Lisa McGreevy, Nicole Dow If you’re a Lyft or Uber driver, you already know how important it is to track your mileage and expenses. You’ll need that information come tax time to make sure you’re squeezing out every last penny in deductions. But rideshare drivers aren’t the only people eligible for mileage tax deductions. If you drive your personal vehicle for other kinds of paid work or use it
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Independent Contractor Taxes: A Beginner’s Guide

by Sarah Li-Cain, Jamie CattanachThere was a time when you had to explain to those in the 9-to-5 world what it really means to work from the couch or hang out in loungewear all day long, that’s no longer the case.Since the pandemic pushed so many people into working from home temporarily or permanently, the life of an independent contractor isn’t so difficult to envision now.To be clear though, being
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Dear Penny: Can I Get Sued for a Car Loan I Co-Signed 22 Years Ago?

Real Answers for Life’s Money Challengesby Robin Hartill, CFP®Senior EditorYesterday, I got a letter from a financial firm here in Iowa, where I’ve lived for 14 years. It stated that I owe money that hasn’t been paid on a car that I co-signed in 1999 for a roommate when I lived in Florida. She didn’t have enough credit, but I found out that she died in 2000. I think that her
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How to Answer Behavioral Interview Questions

by Mike BrassfieldSenior WriterSo you’ve got a big job interview coming up, and you really, really want the job. You need to walk in there and ace that interview and wow the hiring manager.While you’re getting ready for the big day, it’s important to keep in mind that your interviewers are going to be asking you two different kinds of questions: situational interview questions and behavioral interview questions.What’s the difference?Situational
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The Cost of Living Keeps Rising — How to Make Your Money Go Further

by Mike BrassfieldSenior WriterLet’s face it: The cost of living is kicking our butts. If you’re wondering why you’re having trouble getting ahead, it’s because the game is rigged against you.While wages have gone up over the past couple of decades, they haven’t kept up with inflation. To add insult to injury, the cost of big-ticket purchases, like houses, cars and college degrees has increased faster than the pace of
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7 Rules for Taking a Work From Home Tax Deduction

by Robin Hartill, CFP®Senior EditorIf you’re one of the millions of people who worked remotely in 2021, you may be wondering whether that means a sweet deduction at tax time. Hold up, though: The IRS has strict rules for taking the home office deduction.[email_capture_widget] Thinking about claiming a home office deduction on your tax return? Follow these tips to avoid raising any eyebrows at the IRS when you file your

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