An Ever-Increasing Number of Expats are Choosing to File US Taxes

US expats find themselves in the unlikely and unfortunate position of being required to file US taxes from abroad. Many weren’t aware of this requirement for many years though, however since FATCA (the Foreign Account Tax Compliance Act) , the IRS now knows which expats should be filing. As a result, more and more expats are choosing to get compliant under the IRS Streamlined Procedure amnesty program.

Infographic by Expats IRS Streamlined Procedure

How Emotions Hurt Our Trading Results and How to Fix It

The biggest difference between professional and beginner traders is what they most focus on. While newcomers put their focus into finding the ultimate strategy to make them rich through trading, seasoned traders know that while strategy is important, the biggest contributor to success is controlling your emotions.

Trading psychology is something that most beginners never even worry about. They think that it’s irrelevant, while their accounts are silently bleeding cash mainly because of uncontrolled emotional behavior. There are many sites that help you come up with a good trading strategy or even copy the strategies of winning traders, but fixing your emotional errors is something that only you can do.

Fortunately there’s an easy fix to the problem. All you need to do is to be mindful of the main emotions that drive bad decisions. Once you are aware of them, it is easier to stop them from influencing your decision making. Emotional control is like a muscle that gets bigger when you train it.

The attached infographic by Foxytrades.com summaries the 7 main mistakes that emotions cause traders to make. Each of the 7 problems has an easy fix. All you need to do is apply them to the problem and you will see a significant increase in your overall profitability.

Government Employee Loan – Brazil

Find out why in Brazil it is much more advantageous to make a payday loan with a monthly discount on your company’s paycheck than to resort to private banks that have interest rates and large financial losses in use. Loans for public servants of the government, whether federal, state or municipal, have lower interest rates, since there is a presumption that those who work for the government are not fired overnight because of the low risk, companies offer lower interest rates . Another advantage for the creditor institution is that the monthly discount is automatically withdrawn from the employee’s salary, there being no way to “opt” for not paying that month.

Infographic by http://phpromotora.com.br/

Accounting Outsourcing

Infographic about Outsourced Accounting Services. If you looking for better ways to focus on growing your business’s bottom-line? If so, one of the easiest decisions any business owner can make is outsourcing their accounting operations. There are many reasons to do this besides just being rid of the hassle that comes along with bookkeeping. Let’s take a look at a few.

Infographic Source : https://www.outsourcinginsight.com/infographic-accounting-outsourcing/

Website : https://www.outsourcinginsight.com/

Reimburse Your Debts with Competent Solutions

Many of us are conspicuously fighting with debts. Debts can be quite enervating – too much of debts can give you troubles to meet your monthly expenses. If your debts are preventing you to make savings, do not panic – there are different strategies you consider to free yourself from the shackles of debts. Before settling for a repaying method, make sure you have evaluated all your options to choose the best option. As the infographic from https://debt-therapy.co.za/ suggests, there is a host of options available to you, from credit counselling to debt settlement which will help you manage your debts efficiently. These highly effective solutions can shield you from your credit providers, and assist you to get out of your financial predicament. All you have to do is research about your options and take the right decision. Debts are not made in a single day, so they won’t liquidate in a fortnight. Choose the right mode of repayment and be patient.

Steps for Removing Mold with Help of Professional Mold Removal Contractors

Mold is a toxic creature it is found in walls of the house and causes severe health hazards. It generally appears after water leakage problems or other types of natural disaster related to water accident. The effect of mold growth rapidly happens in damp and moist areas. It’s a type of fungus which develops in a particular area of the home and spreads out in all direction causing several health issues. To minimize the growth of mold and eradicate it completely, it is better to hire a certified company having professional mold removal contractors. For more details, about removing Mold with the help of Professional mold removal contractors, visit https://pslrepairs.com/mold-removal-remediation-port-st-lucie-contractor/

 

What Are 401k Audit Requirements

As a business owner, you know that a 401k plan helps you retain your top employees. However, with the expansion of your business comes increased obligations. So, you may have wondered:

Does my company 401k plan need to be audited?

As your company grows, the number of retirement plan participants will increase as well, and your company 401k plan may require an audit as part of your Form 5500 tax return obligations. Read on to find out if your company 401k plan needs an audit.

The Hidden Costs of Buying A Bigger House

After calculating energy costs, property taxes, home furnishings and home maintenance, those extra 500 square feet can end up costing you thousands of dollars more than you realize.
AVERAGE ONE-TIME COSTS WHEN BUYING A NEW HOUSE
Purchase price of a average new house: $84/sq ft
Closing costs: 3.5% of the home price
Costs to fully furnish a new home: 20% of the home price
AVERAGE ANNUAL COSTS OF HOME OWNERSHIP
Energy costs: $1.03/sq ft
Maintenance: 1% of the home price
Property taxes: 1.3% of the home price
Over a 30 year mortgage, each additional 500 square feet of space will cost you an extra-
$42,000 in initial purchase costs
$1,470 in closing costs
$8,400 in furnishing
$24,148 in mortgage interest
$16,506 in property taxes
$15, 450 in energy costs
$12,600 in maintenance
HOW MUCH THAT BIGGER HOME WILL REALLY COST YOU OVER 30 YEARS ASSUMING YOU HAVE A 30-YEAR MORTGAGE AT 4%
A 1000 sq ft house will cost you an extra $241,148
A 1500 sq ft house will cost you an extra $361,722
A 2000 sq ft house will cost you an extra $482,297
A 2500 sq ft house will cost you an extra $602,871
So before buying that bigger house, ask yourself:
Is it truly worth the extra cost?

Infographic by http://www.investmentzen.com/news/the-hidden-costs-of-buying-a-bigger-house/

The True Cost Of Car Commuting To Work (Hint: It’s A Lot More Than You Think)

Each extra mile you add to your drive to and from work can cost you thousands of dollars over a thirty year career. What are the true costs of your drive to work when you add up all those hidden expenses? Based on number crunching by Mr. Money Mustache, each mile in your commute costs $795 per year. But that cost goes up drastically when you factor in lost opportunity. Taking alternative modes of transport doesn’t have to take more time either. Public transport might take longer than driving, but you can read, rest, or check email. Biking is also a chance to exercise. Rethinking your commute can open you up to a whole new world of possibilities.

Infographic by http://www.investmentzen.com/news/the-true-cost-of-car-commuting-to-work-hint-its-a-lot-more-than-you-think/

How to Pick the Best Life Insurance Company

This infographic is designed to help the consumer pick the best life insurance company. There are 1000’s of life insurers but only about 60 that are worth getting. Idea is to show the consumer what to look for in order to pick an appropriate carrier. It starts with analyzing their needs, reading company reviews, compare quotes and finally applying for coverage.

Infographic by best life insurance companies