Solutions to Make Better Decisions with Your Taxes and Money

About Sally Herigstad

Sally Herigstad is a certified public accountant and personal finance columnist and author of Help! I Can't Pay My Bills, Surviving a Financial Crisis (St. Martin's Griffin). She writes regularly at CreditCards.com, Bankrate.com, Interest.com, RedPlum, and MSN Money. She is an experienced speaker and a member of Toastmasters International. Follow Sally on Twitter.

The Basics of the Simplified Home Office Deduction

If you have a small business and work at home, you probably know you can take a deduction for the expenses of your home office. However, it’s surprising how many people don’t take this deduction when it comes time to file their tax return. All too often, taxpayers pass it up because it seems like […]

First Time Homeowners: Adjust Your Tax Withholdings

If you recently bought your first home, you probably heard you can reduce your tax liability by deducting your home mortgage interest and property taxes on your return. However, there’s no need to wait until you prepare your taxes next year to find out how much money you’ll save. In fact, you can put more […]

3 Details to Not Overlook on Your Tax Return

You’ve prepared your return, and it’s ready to go. Or is it? Before you hit submit, save yourself some potential trouble later – or even some money on your tax bill – by double-checking these three important detail.

5 Tax Filing Tips to Beat the Deadline

Another year, another tax return. As we inch closer to the filing deadline, you may be scrambling to complete your return. While it is best to beat the deadline, it doesn’t pay to be in too big of a rush. If you miss something, you may pay more tax than you need to, or you may […]

4 Reasons You Should Consider an IRA

Contributing to an Individual Retirement Arrangement (IRA) is an excellent way to grow your financial wealth over time. In fact, if you don’t have one, you may be missing out.

6 Ways to Maximize Your 401(k) or IRA Plan Contributions

One of the best money moves you can make this year is maximizing contributions to your deductible or nondeductible retirement plan. Whether you’ve contributed all year or have yet to start, here are a few tips to get the most from tax-advantaged retirement plans.

4 Ways to Lower Your Taxes Before the New Year

It’s easy to only think of taxes during tax season. However, anyone who is financially savvy knows making changes throughout the year can give you the best chance to make a difference in your tax bill. With more than a quarter of the year left, now is a great time to make small adjustments that […]

Back to school: a tax break for teachers

Teachers are always on the hunt for creative ways to enhance their students’ learning experience. Unfortunately, tight school budgets stifle many of those efforts, and educators are often forced to dive into their own pockets to purchase materials. In fact, the recent average out-of-pocket spend for school teachers is around $500 with some reporting yearly totals in the […]