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.

Tax Topic 203-A Guide to Tax Refund Offsets

What is Tax Planning: A Comprehensive Guide (2023)

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.

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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.

Are Trustee Fees Subject to Self-Employment Tax?

5 Crucial Tax Tips For Horse Owners

9 Questions to Ask Your Tax Advisor Before Tax Season

Capital Tax Gains Harvesting: When To Trigger Short-Term Gains

Latest Personal finance Articles

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

irs form 2439, notice to shareholder of undistributed long-term capital gains

IRS Form 2439 Instructions

Registered investment companies (RICs) and real estate investment trusts (REITs) are required by federal law to report certain…

IRS Schedule A Instructions

During tax time, individual taxpayers can choose to take a standard tax deduction, as determined by the Internal…

IRS Form 8845 Instructions

Certain qualified taxpayers who hired Native Americans from 1993 through 2021 were entitled to tax savings, in the…

IRS Form 8906 Instructions

If you are an eligible wholesaler, or otherwise required to pay excise tax on distilled spirits, you may…

irs form 8697, interest computation under the look-back method for completed long-term contracts

IRS Form 8697 Instructions

If you operate with long-term contracts, you may need to make adjustments to prior year income tax liability…

irs schedule 1, additional income and adjustments to income

IRS Schedule 1 Instructions

In 2018, the Internal Revenue Service created IRS Schedule 1, partially due to changes created by the Tax…

Social Security

Read these in-depth articles to learn more about how to make the most of your Social Security benefits.

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.

Defined Benefit vs Defined Contribution Plans

7 questions to ask a financial planner about retirement

7 Critical Questions to Ask a Financial Planner About Retirement

Why Is Retirement Planning Important? A Guide (2023)

Estate Planning

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

Per Stirpes Vs Per Capita Beneficiary Designations

Benefactor Vs Beneficiary in Estate Planning

Estate Planning For Business Owners-7 Considerations

5 Estate Planning Tips to Avoid Family Conflicts

What is a Beneficiary Deed? A Complete Guide

Estate Plan Review: 9 Critical Items to Include

Divorce Planning

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

7 Common Mistakes When Using a QDRO to Make A Distribution

Is Child Support Tax Deductible?

Can My Husband Legally Withhold Money From Me?

Dividing Assets in a Divorce-6 Mistakes To Avoid

Health Insurance After Divorce-What You Should Know

Investment Planning

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