Solutions to Make Better Decisions with Your Money

How Unemployment Affects Your Taxes

How Unemployment Affects Your Taxes - TaxACT

If you lose your job or otherwise become unemployed, one of the first things you should do is determine how your new financial situation affects your income taxes. Tweet this Take note of these areas that may change: Unemployment benefits are taxable Long ago, unemployment benefits were exempt from income tax. Unfortunately, that’s no longer […]

Tax Benefits: Education Tax Credits Mean More Money In Your Pocket

Tax Benefits: Education Tax Credits Mean More Money In Your Pocket

You can still get tax benefits for higher education expenses. If you or your family members attend or are planning to attend postsecondary school in 2013, you can count on education tax credits to help you defray the cost. American Opportunity Credit (formerly the Hope Credit) One tax benefit is not only extended, it’s also […]