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Jim Blankenship

Contributor |  In Personal Finance

Jim Blankenship is the founder and principal of Blankenship Financial Planning, Ltd., a fee-only financial planning firm in New Berlin, Illinois. A financial services professional for over 25 years, Jim is a CFP® professional and has earned the Enrolled Agent (EA) designation. He wrote An IRA Owner’s Manual and A Social Security Owner’s Manual. He also regularly blogs at Getting Your Financial Ducks In A Row.

Giving Gifts? You May Get a Tax Bill

Personal Finance

Giving Gifts? You May Get a Tax Bill

Giving Gifts? You May Get a Tax Bill

Did you know that when you give gifts to your family, friends, and loved ones that the IRS has an interest in it? It’s true. While the IRS doesn’t care a lot about the sweater you gave to your cousin or the cheese-of-the-month club membership for your granddad, these gifts are always potentially subject to… Read More

Why You Need to Save Now for Christmas

Personal Loans

Why You Need to Save Now for Christmas

Why You Need to Save Now for Christmas

With Christmas shopping season just around the corner, a bit of pre-planning may make the post-Christmas season a bit merrier for you. Americans planned to spend an average of $854 on presents for family and friends last year. However, for many families there is no planning ahead, no savings — and so the spending winds… Read More

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