In "Family Finance" Shannon Nash, a certified public accountant and attorney, provides practical finance information directed to African American families. In addition, Shannon will answer reader family finance questions submitted to her through the “Ask the Expert” segment.

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Ask the Family Finance Expert
Do you have a personal family finance question? What is a 529 plan and how do I set one up? How much should I put aside in my 401K? Do I need whole life insurance or is term life better? How do I clean up my credit? Where can I get start up financing for my new home based business? Need answers to questions like these? Email questions to Shannon at skingnash@hotmail.com.

Current topic: Co-Signing Loans



Articles
:: September 1, 2005. For The Love Of Money Top 10 For The Self-Employed. Excerpt from For The Love Of Money: The 411 To Taking Control Of Your Taxes and Building Your Net Worth, (2005 iUniverse, Inc.). more

:: August 1, 2005. For The Love Of Money Top 10 For Landlords. Excerpt from For The Love Of Money: The 411 To Taking Control Of Your Taxes and Building Your Net Worth, (2005 iUniverse, Inc.). more

:: March 10, 2005. Top Ten Tax 411 Tips For New Parents.Excerpt from For The Love Of Money: The 411 To Taking Control Of Your Taxes and Building Your Net Worth, (2005 iUniverse, Inc.).> more

:: December 15, 2004. Choosing a Professional. Many attorneys claim to do special needs trusts when in fact they simply add a sentence or a few provisions to a regular trust - so finding a specialist is key. But an attorney need not break the bank. A special needs trusts may cost between $1,000 - $2,000, with many attorneys offering payment plans. Of course the cost may vary by state and by complexity of the estate plan. more

:: October 15, 2004. Top 10 Financial Tips for African Americans, Part I- Tips 1-5. Remember those New Year resolutions where you pledged to get your financial house in order – like, “I will get rid of those credit cards,” or “I’m going to pay that car note off early?” Well, it's now September and you’re probably operating exactly on schedule, right? > more

:: March 15, 2003. Taxing Times Call for Tax Savvy Parents. Finding the right dependent deduction for maximum benefit. > more

:: March 15, 2003. Tax Tips for Families with Special Needs Children - (Tax Year 2002). April is National Autism Awareness Month! It’s a cause for celebration indeed if it weren’t for that pesky day that strikes the fear in the hearts of every procrastinator – April 15th. But this year, special needs parents have a lot of tax savings, courtesy of Uncle Sam, and they couldn’t of come at a better time. > more

:: March 15, 2003. Tax Tip for Families with Single Parents- (Tax Year 2002). Single parents have special tax issues that bear mentioning. The following is a list of issues that apply uniquely to single parents. > more

:: March 15, 2003. Tax Tip for SAHMs: Homemaker IRAs - (Tax Year 2002). It’s a fact. Women live longer than men. The average woman lives to the age of 79.4. That’s past the average working age of most Americans. For many of these women, retirement planning has become crucial. But retirement planning is no longer just for the working mom. With a homemaker IRA, stay at home moms (SAHMs) can save for the future too. > more



Additional Resources

:: For The Love Of Money: The 411 To Taking Control Of Your Taxes and Building Your Net Worth, by Shannon Nash.

Saving for retirement? Need more deductions? Ready to start your side business? No worries—For The Love Of Money has your back! Learn these all-important financial lessons while grooving to the popular songs that inspire the focus of each informative chapter.

For The Love Of Money gives you the 411 to taking control of your taxes and building your net worth. Get the lowdown on:

• The nuts and bolts of Form 1040
• Organizing and operating your side business
• Capital gains strategies to help you build wealth
• Making the most of your itemized deductions
• Alternative minimum taxes that can creep up
• Saving for education and retirement
• Relaxation techniques for an IRS audit
• The all-star frequently asked tax questions

Author Shannon King Nash, Esq, CPA, brings close to fifteen years of experience in teaching these lessons in an entertaining and light-hearted manner. Nash calls her style “business explained through music.” Each chapter gives you “more bounce to the ounce” and is jam-packed with musical examples to help keep you “hangin’ on.”

As an added bonus, check-out the “Top Ten Tips” for folks like: Parents, Landlords, Newlyweds, Freelancers, Homeowners, Self-employed, Doctors, Lawyers, Stylists, Charities, Blessed Folks, Entertainers, New Money and much, much, more.