Personal Finance and Tax Tips You Can Actually Use. It’s how we ACT.
What are the most common tax mistakes parents make that cost them money at tax time? There’s more to being a parent at tax time than claiming another exemption on your return. Tax professionals see some mistakes time and time again that can cause parents to pay more tax than they should have to. Take [...]
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 child born in 2010 through [...]
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 $2,923. Pretty nice tax refund don’t you think? Tax savings opportunities [...]
Are you spending countless hours organizing and preparing your income tax return? According to the IRS, the average American spends approximately 12 hours preparing a Form 1040 income tax return. With so much time invested, the last thing you want to do is make a mistake on your tax return – especially one that delays [...]
