Solutions to Make Better Decisions with Your Taxes and Money

10 Tax Deductions Every Current and Future Retiree Should Know

You’ve finally reached your 66th birthday, and it’s time to say goodbye to the daily grind and set off on a life of retirement ease. Or so we think. In truth, retirement for most of us will require careful budgeting and smart financial planning to make our savings last for two or three more decades. […]

How a Summer Job Affects Your Taxes

A summer job is a great way to add some extra money to your bank account. Whether you’re a cash-strapped college student, a teacher trying to stay busy during the summer months or simply have some extra time on your hands, racking up those part time hours can really pay-off. However, before you go out and celebrate […]

How Unemployment Affects Your Taxes

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 […]

Payroll Tax Cut: How to Bump Your Take-Home Pay Back Up

Are you feeling the pain from your reduced paycheck as of the beginning of the year? When the temporary payroll tax deduction ended in December, our social security tax deductions went back up to 6.2% of our gross pay. It was only 4.2% when the temporary reduction was in effect. 2% more of your pay […]