Welcome to the Personal Finance Lab Learning Center! You can find a selection of some of our most popular articles, or “Search” for something specific.
IRS Audits - An “Audit” is what happens when the IRS picks your return out from the pile for extra scrutiny. The auditing process is designed to catch errors in the tax returns, verify the correct amount of tax or return is being paid, and preventing fraudulent tax claims. Read More...
Work Versus Study - Every high school student makes a choice when they are about to graduate – enter the job market right away, enter a trade school, or enroll in a university? While you can always switch paths… Read More...
Accounting for Automatic Payments - Automatic Payments can be a huge time saver, but can also be problematic for your planning processes and account reconciliations. What cases are they appropriate? Can you think of a case where automatic payments would… Read More...
Money – Types of Stored Value - Money has value because we all agree it has value, and so we can use it as a medium of exchange. Forms of Stored Value simply are a storage system for money like checks and… Read More...
Short Term Financing - “Short Term” financing means taking out a loan to make a purchase, usually with the loan term at less than a year. Short-term financing usually has a higher interest rate than long-term loans - and… Read More...