Your Refund: Experiences Are Better Than PossessionsOur basic needs are shelter, clothing and food. I like to throw in retirement planning as well. If you have those covered consider spending your refund creating a memory.
Your Refund: Invest That Refund In Your House!Winter is almost over so look around the house. What repairs did you put off because of the winter weather or what happened because of the winter weather?
Tax Refunds: Should I Spend Or Should I Save70% of taxpayers received tax refunds last year with an average payment of $2,860. That amounted to almost $125 billion dollars returned to taxpayers.
Little Known Deductions To Ease Your Small Business Tax BillIf you aren't taking advantage of these small business tax deductions, you are throwing your money away.
Tax Tips From The IRS: Choose Your Tax Preparer WiselyNo matter who prepares your return you are responsible for the information on your income tax return.
Tax Tips From The IRS: Should You Itemize Or Use Standard DeductionMost people claim the standard deduction when they file their federal tax return because it’s easier and requires less effort, but you may be able to lower your tax bill if you itemize.
Tax Tips From The IRS: Do You Need To File A 2016 Tax Return?Not everyone is required to file a tax return. Most people file a tax return because they have to.
Tax Tips From The IRS: Taxable And Non-Taxable IncomeAll income is considered taxable unless a law specifically says it isn’t.
Taxes: Audit Red FlagsLess than one percent of last year’s returns got audited. Most audits are simple paper audits where the IRS sends you a letter asking for supporting documentation.
Taxes: Taxes On Your InvestmentsHere's the skinny on capital gains, capital losses, and dividends.
Taxes: Education Credits and DeductionsCollege is a very expensive experience. Congress and the IRS have given us a few ways to offset education costs.
Taxes: Deductions & CreditsTax deductions lower your taxable income. Tax credits provide a dollar-for dollar reduction of your income tax liability.