Teach Me Personal Finance

My #1 goal is to make it easy to learn about personal finances.
I believe smart money decisions come from being informed about your choices.

Hi, I’m Forrest Baumhover

Learn More About Money, Tax planning, and Social Security

I’m a Certified Financial Planner, tax practitioner, retired Navy veteran, and writer. I love to write articles on financial topics that help everyday people learn more about money. I especially like exploring financial planning subjects that no one else has tackled before, writing about IRS tax forms, and helping people with financial questions they haven’t found the answers to.

Learn more about your finances here at Teach Me! Personal Finance, with Forrest Baumhover

Tax Planning

Tax planning is fundamental to financial planning. These articles outline how to achieve your financial goals without paying more taxes than you have to.

Latest Personal finance Articles

My most recent personal finance tips, tutorials, and tax walkthroughs.

IRS Form 8453-X Instructions

Political organizations must regularly file electronic tax returns to maintain their tax-exempt status with the Internal Revenue Service. When first making their declaration, a political organization must file IRS Form…

IRS Form 2439 Instructions

Registered investment companies (RICs) and real estate investment trusts (REITs) are required by federal law to report certain tax information on behalf of shareholders each year. For reporting undistributed long-term…

IRS Form 15620 Instructions

Taxpayers who receive stock options, stock grants, or other unvested property may choose to make a Section 83(b) election by filing IRS Form 15620, Section 83(b) Election. In this article,…

IRS Form 4137 Instructions

The federal government requires all taxpayers to declare income from all sources. Tip workers face the additional step of declaring their income to their employer, then paying income taxes on…

IRS Form 8932 Instructions

To lessen the burden of military deployment on families, the federal government has created a tax credit for business owners who make differential wage payments for qualified employees. Eligible employers…

IRS Form 8801 Instructions

For certain high-income earners, the Internal Revenue Service will enforce an alternative tax calculation, known as alternative minimum tax, or AMT. However, if you’ve paid AMT in previous tax years,…

Retirement Planning

Retirement planning is a fundamental part of the financial planning process. Learn about helpful and actionable insight on how to plan your retirement.

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