Articles by Lance Cothern

Lance is a licensed Certified Public Accountant (CPA) in the state of Virginia and he covers money management, budgeting, financial products, and more. He is also the founder of Money Manifesto, a personal finance blog, where he writes about his family's relationship with money. Education: B.B.A. in Accounting from James Madison University.

Kiddie Tax: How to Minimize a Child's Income Tax Learn about the kiddie tax and how a young child can minimize their taxes paid on earned and unearned income, including investments, dividends, and interest. What Are Each State's Income Tax Rates? Photo of Lance Cothern Lance Cothern What Are Each State's Income Tax Rates? Every U.S. state has its own income tax rates, in addition to the federal taxes... Wash Sale Rule: How to Avoid an Inconvenient Tax Violation Photo of Lance Cothern Lance Cothern Wash Sale Rule: How to Avoid an Inconvenient Tax Violation It’s essential to understand the tax consequences of investing so that you can... How to Get Credit for Your Missing Stimulus Payments on Your Tax Return Find out how to collect any missed stimulus payments when you file your tax return, including ways that you can make the most of that IRS credit. Can You Have Too Many Credit Cards? Find out whether you can have too many credit cards, including what this all means when it comes to your credit score and your ability manage debt responsibly. What to Consider When Planning for a Mini-Retirement Photo of Lance Cothern Lance Cothern What to Consider When Planning for a Mini-Retirement In Tim Ferriss’ book, The 4-Hour Workweek, he shares the idea that we shouldn’t... How to Refinance Your Car Loan and Reduce Your Payments Photo of Lance Cothern Lance Cothern How to Refinance Your Car Loan and Reduce Your Payments For many, a car loan is the second-largest monthly payment behind a rent or... What is the Historical Average Stock Market Return? Learn about the historical average stock market returns to estimate the growth of your investment and retirement portfolios. When to Sell Your Stocks: Whether for Profit or at a Loss Find out when it might make sense to sell your stocks, whether you're going to profit or lose money on the transaction. How Hybrid Life Insurance Can Also Pay for Long-Term Care Photo of Lance Cothern Lance Cothern How Hybrid Life Insurance Can Also Pay for Long-Term Care As you plan for your financial future, you may have come across some scary...