Reasons to spend your tax refund
The vast majority of Americans overpay the IRS during the year, which means they are due for a tax refund right about now. Last year, 77 percent of taxpayers received a refund, with an average size of...
View Article6 tax-smart ways to help your kids
Are there any tax breaks for parents or grandparents to give money to children or to help pay for their education? There are several tax-smart ways to help your kids or grandkids: 1. Contribute to a...
View ArticleApril 18 tax deadline is for more than returns
April 18 date isn’t just for your return — it’s also a significant deadline for a couple of other items: Claiming an Old Refund If you have money due you for the tax year 2007, April 18 is your last...
View Article4 reasons the IRS can seize your income tax refund money for debt
If you filed your taxes recently and your calculations told you that you’d be getting a nice fat refund check, you might be a bit surprised when you check the tax refund status and discover that it’s...
View ArticleTax deductions for charitable contributions & donations
As everyone knows, you can deduct charitable contributions on your taxes. That’s why December is such a great month for charities, as everyone is in the holiday spirit and gets ready for tax season!...
View ArticleBusiness taxes done? You may still have work to do
Small business owners across the country are getting back to focusing on their companies now that they’ve filed their income tax returns. But many of those owners may still have some tax work to do....
View ArticleGood news! Not everything is taxed
There’s not much the Internal Revenue Service doesn’t consider taxable income. Of course, there are the standbys: salaries, wages, tips, commissions, interest and dividends, rent on property you lease,...
View Article10 overlooked tax breaks
The goal of every taxpayer is to make sure the IRS gets as little as possible. For that to happen, you need to take every tax deduction, credit or other income adjustment you can. Here are 10 tax...
View ArticleTax tips for retirees
Responsible retirement planning begins early in a career. As time goes by, money placed in an IRA or a 401(k) will grow, allowing for a comfortable retirement. But post-retirement, the money saved over...
View Article10 overlooked tax breaks
The goal of every taxpayer is to make sure the Internal Revenue Service gets as little as possible. For that to happen, you need to take every tax deduction, credit or other income adjustment you can....
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