Personal Finance
Get advice related to personal finances and getting ready for tax season from Roanoke accounting firm Fraim, Cawley & Company. If you enjoy our posts, consider letting our team prepare your taxes this year. Learn more »
Balance Transfers – Intelligent Debt Hopping
Longtime readers will remember that I have a more favorable view on debt than most – the right types of debt that is. We’ve written about the dangers of excessive debt, but more often have talked about how the intelligent use of debt can be quite advantageous...
2020 Tax Calendar
2020 and all of its tax deadlines are upon us! Below is a quick guide of the most important dates to keep in mind this calendar year. January 15th: due date to pay 4th quarter estimated taxes. January 31st: Due date to send out 1099s and W-2s to recipients. Due date...
Say Buddy, Can You Spare a Dime?
“They used to tell me I was building a dream With peace and glory ahead Why should I be standing in line Just waiting for bread? Once I built a railroad, I made it run Made it race against time Once I built a railroad, now it’s done Brother, can you spare a...
2019 Tax Calendar
2019 and all of its tax deadlines are upon us! Below is a quick guide of the most important dates to keep in mind this calendar year. January 15th: due date to pay 4th quarter estimated taxes. January 31st: Due date to send out 1099s and W-2s to recipients. Due date...
The Rule of 72
A few years ago, I wrote an article on gold and the fallacy of so-called “safe” investments. One of the major points in that article was that (over the long-term) “low risk” investments can be very expensive because of opportunity cost. Compounding interest is...
The Freelancer Tax Guide For 2018
20 numbers, facts, and tips every self-employed American needs to know:
Siegel’s Paradox – Laws of Loss Recovery
Siegel’s Paradox – Laws of Loss Recovery “We don’t know what it was but we had it We don’t where it went but we lost it And it may never come back again but I sure wish it would We don’t know what it was but it sure was good” – George...
Trump Tax Plan
Analysis of the Tax Cuts and Jobs Act (Trump/GOP Tax Plan) Congress recently passed the most comprehensive tax reform in three decades. And suddenly, I’m a popular guy. People who would normally cross to the other side of the street when seeing a CPA approaching them,...
2018 Tax Calendar
2018 Tax Calendar 2018 and all of its tax deadlines are upon us! Below is a quick guide of the most important dates to keep in mind this calendar year. Take a careful look as and mark them on your own calendars: January 15th: due date to pay 4th quarter estimated...
Willful Ignorance: The Pitfall of Purchasing Double Standards
Willful Ignorance: The Pitfall of Purchasing Double Standards “Everyone loves a witch hunt as long as it’s someone else’s witch being hunted.” ― Walter Kirn Every single one of us is guilty of some kind of hypocrisy. Try as we might to avoid double...
The ROI Multiplier: Debt
The ROI Multiplier: Debt “Debt can be a very good thing. The calculations are pretty simple. Some people just seem to think I’m lying to them with math.” – Me (Micah Fraim) – just now People hate debt. It is almost universally viewed as negative – and in many...
2017 Tax Calendar
2017 Tax Calendar 2017 and all of its tax deadlines are upon us! Below is a quick guide of the most important dates to keep in mind this calendar year. Take a careful look as quite a few deadlines have changed this year! January 17th: due date to pay 4th quarter...
Gold: The Fallacy of “Safe” Investments
Gold: The Fallacy of “Safe” Investments – I am far from an investment expert – and I’ve never tried to be one. I’ve always contended that a financial advisor has a very different skillset than an accountant – and that those who try to be both are...
A 5 Step Financial Plan For College Graduates
“Money is an opportunity for happiness, but it is an opportunity that people routinely squander because the things they think will make them happy often don’t”- EW Dunn Graduating from college is one of the most significant life achievements in many...
2016 Tax Calendar
2016 Tax Calendar 2016 and all of its tax deadlines are upon us! Here’s a quick guide of the most important dates to keep in mind this calendar year: January 15th: due date to pay 4th quarter estimated taxes. February 1st: due date to send out 1099s and W-2s to...
My Advice on MSN, Fit Small Business, SCORE, Trusted Choice, and Insureon
My Advice on MSN, Fit Small Business, SCORE, Trusted Choice, and Insureon Over the past month I have been featured on a number of different publications. I wanted to archive the links to them here for any readers of the blog: MSN Money asked me and some other tax...
Are MLMs Scams?
Are MLMs Scams? “An extraordinary claim requires extraordinary proof.” – Marcello Truzzi Everyone who is involved in Multi-level Marketing (MLM) will espouse the wealth and wonders it can bring to your life…but somehow those results are not readily visible...
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