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?
Tax facts for members of the Sharing Economy, including Uber and Lyft drivers
The business of sharing your car with a total stranger or using it to run various errands is becoming a multi-billion dollar marketplace and many people are taking advantage of this new-age way to earn a buck. In fact, between 2012 and 2015, 10.3 million people made money through platforms such as Uber, Lyft and […]
Are political contributions tax deductible?
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As this year’s presidential election season hums along, campaign contribution totals have well exceeded 800 million dollars – and they continue to rise. With this level of fundraising, one question is sure to come to mind – are political contributions tax deductible? The short answer? No.
10 Tax Tips for the Self-Employed
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As a self-employed person, do you ever envy your employed friends at tax time? Having your own business definitely increases the amount of recordkeeping you have to do for tax purposes. When you’re digging through boxes of business receipts, it’s easy to envy people who only have to enter income from a W-2 form. However, […]
