Can I Claim My Pet as a Dependent?
Some people consider pets are a lot like children. Look at their similarities: they’re cute, loving, playful, attention-craving, and they can’t wait for you to get home. They also poop, pee, whine,...
View ArticleBuy or Lease Your New Business Vehicle?
Recently I had dinner with friends who run a business, and the conversation turned to buying new cars. The “buy versus lease” question was asked of me, the so called tax expert at the table. As always,...
View Article7 Tax Write-Offs for Your Wedding
Weddings are expensive, so it is too bad that they aren’t tax deductible. But wait – though tax write-offs may not be top-of-mind when you are planning your wedding, with careful planning there are...
View ArticleWays to File your Taxes with TurboTax For Free
TurboTax knows that your tax return may be the biggest paycheck you receive all year. And what could be better than paying $0 to do your taxes? Over the last five years, approximately 55 million...
View ArticleIs My State Tax Refund Taxable and Why?
For those who itemize their deductions, it’s one of the stranger parts of the tax code. First, you get to take a deduction of your state and local taxes, then all of a sudden the next year you get a......
View ArticleHow to Avoid Self-Employment Tax & Ways to Reduce It
Throughout its history, America has been the land of self-made men and women. But, America’s self-employed must contend with a unique burden every April 15 (this past year, April 18): the...
View ArticleHow to Get a Tax Break for Summer Child Care
Even though the tax day is still on its way, it is never too early to begin planning out your summer vacation! Easy if you are a kid, that is. Summer child care can get expensive. Fortunately, Uncle...
View ArticleCan I Take the Home Office Deduction?
So, you have a nice work setup at home. Does that mean you get to write it off on your taxes? If you’re new to working remotely or running a small business from home, it’s understandable that you have...
View ArticleAre You Ready for Some Football Tax Tips?
The biggest game of the year is almost here! Just as the new tax season is beginning to ramp up, football players are also kicking into high gear as their teams compete for a chance to win the most...
View ArticleTax Credits 101: What They Are & How They Work
There are several ways that doing your taxes can actually put more money back into your pocket. Federal tax credits are kickbacks from the government to incentivize certain behaviors or provide relief...
View ArticleTax Credits for Hybrid Cars and Electric Vehicles: Maximize Your Savings
If you’re thinking about buying a new car, you should be aware of the list of vehicles that are eligible to increase your tax refund. Federal tax credits for hybrid cars and electric vehicles include...
View ArticleHow to File an Extension: A Step-By-Step Guide
Unexpected things happen in life, and sometimes you can’t get your taxes filed on time. If you can’t file your taxes by the April deadline, you can file an extension to get more time to file your...
View ArticleResidential Clean Energy Credit: A Homeowner’s Guide
Clean energy plays a key role in protecting the environment, and the Residential Clean Energy Credit makes clean energy more accessible for homeowners. If you’re thinking about installing solar panels...
View ArticleBasics of Health Savings Accounts
Unexpected medical costs without proper savings–including health insurance deductibles themselves, which have even gone up in recent years–can really leave you in a bind. One of the ways you can ensure...
View ArticleHow Long Do You Have to Pay Taxes?
As a taxpayer, you have to file and pay your taxes by the IRS deadline — but tax deadlines vary based on the type of taxes you’re paying. There are different deadlines for personal income tax,...
View ArticleNanny and Housekeeper Tax Rules
For many families, spending time with their loved ones along with juggling work obligations means something has got to give. A solution that some families have found to be helpful in keeping up with...
View ArticleShould You Contribute to a Roth IRA, Traditional IRA or 401(k)?
It’s easy to get overwhelmed by the plethora of options to choose from when it comes to trying to save for retirement. What’s the difference between opening a Roth IRA or 401k? Are there benefits to...
View ArticleTax Filing Tips for Bloggers
Welcome to our tax filing tips blog specifically designed for bloggers! Understanding the various ways you can earn income from blogging and determining your eligibility to deduct business expenses are...
View Article5 Ways to Celebrate The Holidays Without Blowing Your Budget
Can you believe it? We only have one month left and then we’re wrapping up the year! The holiday season causes many of us to go on a gift-buying splurge. While our generous hearts may feel good about...
View ArticleRoth 403(b) vs. Roth IRA: Which Should You Invest In?
Putting together a plan to save for retirement can be a bit confusing with all the options that are available. In addition to employer-sponsored plans, there are individual plans, which further...
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