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How
Much?
I understand that 25% of my monthly
income should be for mortgage, taxes and insurance. How much should
I plan for the remainder of my budget?
There are two of us in our household. Is there a set formula? Also,
if I plan to retire in the next 5 years, should I be carrying a
mortgage for the sake of a tax write off?
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IRS
Warns of Scheme to Steal Identity and Financial Data
The Internal Revenue
Service warned today of a fraudulent scheme currently circulating
that uses fictitious bank correspondence and IRS
forms in an attempt to trick taxpayers into disclosing their
personal and banking data. The information fraudulently obtained is
then used to steal the taxpayer's identity and bank account
deposits. The IRS has received reports of the scam surfacing from...
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