My shove into the world of taxation didn’t come after a quaint summer job as an awkward teen. Instead, I learned about taxes as a four-year-old girl on Halloween night.
Student loans are one of the top three common sources of debt for many Americans. In fact, NPR reports Americans have about $1.3 trillion in student loan debt alone. That’s a scary figure! The reality of the debt situation is troubling for a number of reasons. Chief among them? The fact that many of those borrowers […]
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 […]
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. […]
If you want to give your kids a head start in saving for college, there are a variety of ways to do so. For example, you can open a savings account or begin investing money into stocks. Both can be done in your name or your child’s name. Another option is to choose a tax-advantaged […]
Whether you’re heading off to college for the first time or well on your way to finishing your degree, being a college student presents special financial challenges. Knowing how college might affect your taxes can help you plan ahead and identify tax benefits that may make your finances a little easier while you’re hitting the […]
While your children are young you have plenty of expenses. Fortunately, some of those expenses can directly or indirectly turn into deductions, exemptions or credits that may mean big savings on your tax bill. Take a look at the following tax benefits to see which ones could be beneficial for you.
Updated for tax year 2015 Do you have children? Though your little bundle of joy taps into your pocket book throughout the year, but during tax time, they can help you put money back into your pockets. According to the U.S. Department of Agriculture, it will cost a middle-income family approximately $226,920 to raise a […]
Do you dread income tax time every year? Well if there is one thing to remember during income tax time, to maybe ease the process, remember this: Three out of four taxpayers receive a federal refund, and the average direct-deposited refund last year was $3,116. Pretty nice tax refund don’t you think? Tax savings opportunities […]