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 1040-x, Amended U.S. Individual Income Tax Return

IRS Form 1040-X Instructions

According to the Internal Revenue Service, over 3 million taxpayers file amended tax returns every year on IRS Form 1040-X, Amended U.S. Individual Income Tax Return. If you’re one of…
irs form 5498, ira contribution information

IRS Form 5498 Instructions

If you have an IRA, you should know about IRS Form 5498, IRA Contribution Information. This tax form, issued by your broker or financial institution, outlines any transaction in which money…
irs form 8867, paid preparer's due diligence checklist

IRS Form 8867 Instructions

Because of fraudulent tax claims, the IRS has specific due diligence requirements for paid tax return preparers whose clients try to claim certain tax benefits. Part of these due diligence…
irs form 2210, underpayment of estimated tax by individuals, estates, and trusts

IRS Form 2210 Instructions

If you’re filing an income tax return and haven’t paid enough tax throughout the tax year, you may be filling out IRS Form 2210. In this article, we will cover…
irs form 8821, tax information authorization

IRS Form 8821 Instructions

As a general rule, federal law prohibits the Internal Revenue Service from sharing a taxpayer’s confidential tax information with third parties. However, there might be times when a taxpayer facing…
IRS Form 8822-B, Change of address or responsible party - business

IRS Form 8822-B Instructions

If you’re a business owner trying to notify the Internal Revenue Service of an address change, or the change of responsible party for a business entity, you may need to…

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.

Subscribe To Our
Personal Finance Newsletter

Join us Today!