Solutions to Make Better Decisions with Your Taxes and Money

Education Tax Benefits: Can They Help You Pay for College?

Many people know if they pay tuition, they may qualify for tax benefits when they file their tax returns the following year. Getting a bigger tax refund in April is never a bad thing. But what if you need the money now to help you get back to school?

The Beginner’s Guide to Form W-4 and Tax Withholdings

When you start a new job as an employee, your new employer typically asks you to complete Form W-4, Employee Withholding Allowance Certificate. This document is a two-page form from the Internal Revenue Service (IRS). It tells your employer how much money to take out of your paycheck to cover income taxes.

What It Really Means to Get a Tax Refund

A common nickname for tax season is “refund season.” And that means tax filers like you are barraged with messages about getting your “maximum refund.” Many of those messages come from tax software companies and even tax preparation store fronts. It’s certainly not new – the tax industry has been telling the “maximum refund” story for decades.

Why filing your own taxes is beneficial to your financial health

Filing your taxes may not be a task you look forward to, but making the decision to file your own instead of outsourcing the task can be beneficial to your financial health. By taking the time to sit down and go through each section of your taxes, you’ll quickly realize how small decisions made throughout […]

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 […]

How to Lower Next Year’s Tax Bill

Writing a check to the IRS to cover your tax bill is never a fun experience. But, there are a few things you can do to avoid having to do so in the future. Check out these tips to lower next year’s tax bill:

How to Complete Form W-4 to Keep More Money in Your Pocket

Updated for Tax Year 2016 After you file your tax return, a smart financial move is to double check your Form W-4. Ensuring you have the right amount of tax withheld from your paycheck can make a big difference on your tax outcome next year. If you have too much withheld, as many Americans do, you […]

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.