What to Do if Your Mortgage Application is Denied

If you dream of homeownership, having your mortgage application denied can be devastating. If this does happen to you, it’s important to remember that you’re not alone. Thirteen percent of all purchase mortgage applications — a total of nearly 650,000 — were denied in 2020, according to federal government data. Before quickly reapplying for a […]

Biggest Mistake in Retirement Investing

With the onset of the coronavirus, many office workers have lost their jobs. The economic recovery over the past two years has helped many people find jobs again, and recently 51% of workers are seriously considering a new job and are actually moving to a new job, Fidelity finance company reports. When changing jobs or […]

Tax Day Tips

Today is Tax Day! That means today is the deadline for filing individual income tax returns and making any necessary payments. Here are some last-minute tips from the Department of Treasury to ensure you have all the information you need to help you submit an accurate return.  File electronically. Taxpayers can go to www.michigan.gov/mifastfile to learn more about e-filing options.    […]

Basics of Social Securiy Pension

Social Security is a basic social security benefit that is available to US residents who have worked legally and paid takes in the US for a certain period of time. While retiring with only a pension, it is never enough as a retirement plan. It is unfortunate to know that 50% of people who retire […]

Business Operation and Retirement Plan

Business Operation and Retirement Plan

There is a saying, “When an old man dies, a library disappears.” It refers to the knowledge and wisdom accumulated over a lifetime and the many experiences of one person. These precious elderly people immigrated to the United States and suffered all kinds of hardships and lived their whole lives raising children, but what remains […]

Importance of Financial Literacy

Florida just became the largest state to mandate personal finance education in high school. And in the United States, April is set as the month to pay attention to finances every year, so that basic financial knowledge is applied. In life, there are countless common knowledge about finances such as stock investment, bond and interest […]

Tips to Spring Clean Your Personal Finances

Clean Your Personal Finances

Tax season is in full swing, and the IRS has processed and delivered more than $1 billion in refunds so far this year. Whether you’re receiving a tax refund or not, now may be the perfect time to spring clean your personal finances. Here are a few ways to get started: • Save those extra […]

Treasury: State Individual Income Tax Returns Due in Less Than a Month

Individual Income Tax

Check Refund Status, Ask Questions with Treasury eServices LANSING, Mich. – The Michigan Department of Treasury is reminding taxpayers that state individual income tax returns are due in less than a month. State individual income tax returns must be filed electronically or postmarked through the U.S. Postal Service by 11:59 p.m. on Monday, April 18. […]

Mortgage Interest Broke 4% for the First Time in 3 Years

Mortgage Interest Broke 4% for the First Time in 3 Years

Mortgage rates are expected to continue rising, the New York Times reported on Thursday, with mortgage interest rates exceeding 4% for the first time in nearly three years. According to Freddie Mac, a national mortgage agency, the interest on a 30-year fixed-rate mortgage exceeded 4% for the first time since May 2019, and recorded a […]

How to Make Tax Season a Breeze

Tax Season

While filing taxes can be anxiety-provoking, there’s no need to stress. The right digital tools, along with smart strategies can make tax season a breeze: File Faster There are many services to help you e-file your taxes, walking you through each step for a quick, painless way to get your tax return faster. In some […]