Learn how to simplify tracking your home office expenses.
The IRS Wants to Know About All March Bracket Winnings
The break room at work is abuzz with talk about basketball tournaments, teams and players. It seems everyone is anxiously awaiting the chance to be crowned tournament bracket champion. But, while you’re busy streaming the games and focused on which team is advancing, remember someone else wants to share in your earnings should you win […]
How to Maximize Tax Deductions and Credits
Paying income taxes is the civic duty of all Americans, with the money helping to pay for national defense, highways, schools and police departments, among other things. While we’re happy to pay our fair share, no one wants to pay too much income tax. That’s where tax deductions and credits come into play.
How to Maximize Your Tax Deduction for Charitable Contributions
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Choosing to donate to a charity typically isn’t solely driven by the potential tax break, but the chance to save a few bucks on your taxes as a result is a nice perk. If you itemize deductions on your income tax return, the IRS allows you to write off the cash value of any contributions or […]
5 Do’s and Don’ts for an Energy-Efficient Home
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Fall will be here before we know it, which means higher energy bills are only a few months away. Fortunately, while the weather is still warm, there are a variety of home improvements you can do now to save money this winter. But, before you break out the hammer and nails, keep in mind not […]
6 Little-Known Ways to Pay Fewer Taxes
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You probably keep track of your itemized deductions, including mortgage interest and charity deductions. You may get a credit for childcare expenses, or take advantage of any of a number of common tax breaks. The tax code is complex, and there’s bound to be something that can lower your tax bill. What could you be […]
5 Tips for Filing Your Taxes for the First Time
Are you filing your taxes for the first time? Are you feeling a bit overwhelmed about the whole process? Filing a tax return for the first time can be intimidating. Here are 5 tips to help you through the process. 1. Determine if you need to file Three things must be considered when determining whether […]
