MyBankTracker Blog

Do You Have to Report PayPal Income to IRS on Tax Return? Find out whether you have to report the income that you received via PayPal -- to the IRS on your tax return, including the relevant tax rules and forms. Kevin Mercadante Nicole Dieker Does Your Child Have to Pay Income Tax? Income tax isn’t just for adults. If you've got a go-getter child, you're probably... Valencia Patrice Higuera 8 Financial Gift Ideas for Valentine’s Day Valentine's Day is a time when many couples exchange gifts as a gesture of love.... What is a CD?: A Quick 101 Guide Banks and credit unions, both offer depositors or members the option of purchasing CDs which are like savings accounts that you promise not to withdraw money from for a specific period of time. Simon Zhen BMO Personal Loans 2024 Review: Should You Apply? Find out, through this review, if you should apply for BMO Harris Bank personal loans based on the interest rates, fees, and borrowing terms. Thomas (TJ) Porter Lance Cothern What to Do If You Haven’t Been Paying Quarterly Taxes When it comes to paying federal income taxes, W-2 employees have it easy. As... Ben Luthi How Your C.L.U.E. Report Affects Your Home and Car Insurance Premiums You might wonder how your insurance premiums are determined. Well, one thing... The Best Robo-Advisors for Automated Investing in 2024 Find out which robo-advisory services were the best of the year based on account fees, investment options, portfolio design, and other features. Thomas (TJ) Porter People’s United Bank Personal Loan 2024 Review: Should You Apply? Use this review to learn all the details about People's United Bank personal loans, including interest rates, borrowing terms, repayment periods, and fees. Valencia Patrice Higuera Kevin Mercadante What You Need to Know About Employee Stock Purchase Plans Employee stock purchase plans (ESPPs) are one of the less common, and less... Thomas (TJ) Porter Are There Reasons to Lower Your Credit Card Limits? When it comes to credit scores, you may already know that it is a good idea to... What Should You Do with Stock Options When Leaving a Job? Learn how you should handle your stock options that you received from a previous employer. Find out when you should exercise the options. Lance Cothern Overcontributed to a 401(k) or IRA? Here’s How to Fix It Find out what steps you should take if you've overcontributed to a 401(k) or IRA and learn about the penalties and taxes for contributing more than the limit. Thomas (TJ) Porter Thomas (TJ) Porter Should a Employee Stock Ownership Plan (ESOP) Be Part of Your Retirement Savings? When you go to work, you might be motivated to do your job by any number of... Lance Cothern How the Government Shutdown Affects Furloughed Employees Financially Each year, Congress must allocate money to the many departments and agencies that... What Happens When You Become an Authorized User on a Credit Card Account? Find out what happens when you become an authorized user on someone else's credit card account, especially the potential benefits to your credit score. Thomas (TJ) Porter How to Pay for Medical Care Without Health Insurance Learn what you can do to pay for medical care and treatment when you don't have health insurance, including various tips to get funding or reduce costs. Kevin Mercadante Valencia Patrice Higuera Taking a Gap Year Before College: How to Plan for It Financially While it’s common to start college a few months after graduating high school,... Rebecca Lake 5 Costly Last-Minute Tax Mistakes to Avoid Before you know it, the April tax deadline will be right upon us. Get a leg up... Upgrade Personal Loan 2024 Review: Should You Apply? This review analyzes the personal loans from Upgrade, including the interest rates, fees, borrowing amounts, and repayment terms. Valencia Patrice Higuera How Retirees Should Handle Retirement Funds During a Recession Find out how retirees should manage their retirement funds during recession so that their investment portfolios still provide cash with some growth potential. Lance Cothern Lance Cothern Who Can You Claim as a Dependent on Your Tax Return? When you’re filing your taxes, you’ll need to know who you can claim as a... Kevin Mercadante WiseBanyan 2024 Review: Should You Use This Free Financial Advisor? When it comes to financial advisors, you may have the perception that they are... The Best Brokerages for Investing in 2024 Find out which are the best brokerages of the year for investing in stocks, mutual funds, bonds, and CDs to build an investment portfolio based on your needs. Thomas (TJ) Porter How to Rebuild Your Credit Score After Bankruptcy Learn about what you can use to rebuild a good credit score after bankruptcy and how to ensure that you‘ll be able to borrow again in the future. Thomas (TJ) Porter Rebecca Lake M1 Finance Robo-Advisor 2024 Review: Free Automated Investing Robo-advisors are making investing easier -- and potentially less expensive -- for... Thomas (TJ) Porter How to Pay Your Rent with a Credit Card If you live in an apartment or don’t own your home, paying rent is a regular... Can Non-U.S. Citizens Have Retirement Accounts (401k and IRAs)? As a non-U.S. citizen, find out if you can still contribute to retirement accounts, such as 401(k)s and IRAs, and learn if any special rules apply. Valencia Patrice Higuera How to File Taxes as a College Student For college students, taxes can be a complex subject. Learn what you need to know about filing taxes for the first time. Find out which IRS tax forms are going to be most relevant for you as a college student and young adult. See the necessary advice that will help you during the process of filing a tax return. John Csiszar