Solutions to Make Better Decisions with Your Taxes and Money

How to Repay Federal Student Loans

Did you know almost 43 million Americans have federal student loans? With nearly $1.3 trillion in total student loan debt, many Americans are financially strapped by their student loan debt. And when it seems like those monthly payments are eating up most of your paycheck, the road to getting them paid off can be long and stressful. […]

3 Ways to Avoid a Gift Tax

If you give away generous sums of money to a friend or family member, you may be required to pay a gift tax to the IRS.  However, with a little planning, you can afford to be quite generous before you have to break out Form 709 to report the amount and be on the line […]

5 Things You Can Learn from Your Tax Return

If you already stashed away your tax return, you may want to dig it back out. There are a variety of things you can discover by reviewing each form and understanding the significant impact your taxes can have on your financial health. Now is a great time to take a second look at your return […]

The Difference Between Itemized and Standard Deductions

Itemized and standard deductions can be confusing – especially if you are relatively new to filing a tax return. Some people try to itemize when they are better off using the standard deduction. On the other hand, some taxpayers avoid itemizing because it seems too difficult — even when itemizing deductions could save them money. […]

Pros and Cons of Refinancing Your Home

The decision to refinance your home can be a tough one. Not only can the process of refinancing seem like a lot of work, it’s often hard to know who to trust as some lender’s advertised offers sound too good to be true. But, when mortgage rates are near historic lows, refinancing your home may […]

Self-Employed? Check Out These Retirement Plans

Being self-employed has its advantages. You don’t have a boss to tell you how many vacation days to take, or what retirement plans you have to choose from. On the other hand, you don’t have a boss to make you take your vacation time (or to pay for it), or to set up retirement plans […]

Partnership and Corporation Tax Tips and Reminders for Second Half of 2016

It’s hard to believe, but the year is almost half over already. If you have a partnership or corporation, here’s what you need to know to keep up with the Internal Revenue Service (IRS) while you work toward your business success for 2016.

5 Things You Should Know About Crowdfunding and Taxes

Crowdfunding platforms, such as Kickstarter, open a whole new world in business financing, but can end up being a confusing world for tax purposes. The proceeds aren’t like sales in the traditional sense, and the people who contribute are not stockholders. So, how should you handle income from a crowdfunding project? It’s important to report […]