Quimbayo Income Tax Service

03/29/2019

Confused about what's changed on your taxes? Here's an overview of major changes for 2019… and remember - you don't have to do it on your own, that's where we can help. https://bit.ly/2TrmkT9

Major tax reform changes that practitioners and taxpayers should keep an eye out for during filing season.

03/28/2019

Use your tax refund to increase your emergency fund. Experts say you should have about 6-8 months worth of savings. Now is the perfect time to contribute to yours!

03/27/2019

What generates more revenue than movies, spectator sports, theme parks, cruise ships and recorded music combined?

03/26/2019

Take your tax refund further with these 10 big ideas. You might be surprised at #3.

Are you getting a big tax refund from the IRS this year? Read these 10 steps you should take in spending the money wisely, without blowing it all at once.

03/25/2019

Becoming financially independent is a process. If financial freedom is important to you, let us help you with your goals. Find your path today.

03/22/2019

5 tips to help you deal with student loan debt. https://financialhotspot.com/2019/01/07/top-five-key-tips-about-student-loan-debt/

Overall, the need for student loan debt reform is clear. However, with the profit motives discussed above, this may be unlikely in the foreseeable future. So, what can we do about it? Make informed decisions around student loans. If you or a child is considering taking out a student loan at any poin...

03/21/2019

While it would be ideal to make more money at your job, that isn’t always an option... Here are some simple ideas to help your budget. https://financialhotspot.com/2019/01/07/top-10-easy-ways-to-save-money-today/

Many of us feel like we can never seem to make enough money to make ends meet. It might be drowning in credit card bills or trying to make a student loan payment, but there's always a reason why we don't have enough money. While it would be ideal to make more money at your job, that isn't always an....

03/20/2019

A penny for your thoughts... Do you know how much it costs to manufacture a penny?

03/19/2019

Why spend 16 hours doing your taxes when you could be binge watching your favorite show, learning how to paint like Bob Ross or perfecting that homemade ice cream recipe? https://youtu.be/hHSpXAmqnxs

It never feels like a holiday to us but to Uncle Sam, Tax Day is like Christmas Morning. According to a survey, 35% of taxpayers would rather discuss s*x wit...

03/18/2019

Two different options for deducting auto expenses on your taxes. But what's the difference?
http://bit.ly/2s6zycu

If you use a car for business travel, you can take certain tax deductions. Learn the difference between standard mileage and actual expenses.

03/15/2019

There are over 6000 U.S. colleges and universities and over 400 foreign educational institutions that work with 529 plans. https://financialhotspot.com/2019/01/07/using-a-529-plan-to-save-for-college/

A 529 plan is a savings plan that is used to save money for college which offers certain benefits and some financial aid. 529 plans are quite versatile and they can be used for other things too, such as K-12 tuition bills. The Types of 529 Plans There are a couple of different types of 529 plans. Th...

03/14/2019

Get Current and Stay Current! Pay off any balances sooner rather than later to lessen their effect on your score.