Solutions to Make Better Decisions with Your Taxes and Money

It’s Taxable: Report Your Tip Money as Income

If you work at a job where you normally receive tips, you understand how that money can quickly become an important part of your income. However, according to the Internal Revenue Service (IRS), tip money is also taxable. For that reason, it’s important to know how the IRS expects you to report tip income, so […]

How to Track Self-Employed Expenses All Year Long

Numerous advantages come with being your own boss. For starters, you can set your own hours and vacation schedule. It gives you the flexibility to work remotely and spend some time enjoying a nomadic lifestyle. In fact, you may not have to change out of sweatpants for an entire day! But, those perks aside, there […]

7 Steps to Complete a Mid-Year Financial Check-Up

Annual wellness check-ups are a great way to keep tabs on your health and ensure you’re making the right choices for your mind and body. But, when it comes to your personal well-being, are annual check-ups only for your physical health? What about your financial well-being?

The Basics of the Simplified Home Office Deduction

If you have a small business and work at home, you probably know you can take a deduction for the expenses of your home office. However, it’s surprising how many people don’t take this deduction when it comes time to file their tax return. All too often, taxpayers pass it up because it seems like […]

First Time Homeowners: Adjust Your Tax Withholdings

If you recently bought your first home, you probably heard you can reduce your tax liability by deducting your home mortgage interest and property taxes on your return. However, there’s no need to wait until you prepare your taxes next year to find out how much money you’ll save. In fact, you can put more […]

Keep More of Your Money: Adjust Your Tax Withholdings

Every year millions of Americans jump for joy when they receive their tax refund from Uncle Sam. And, rightfully so. There’s nothing better than feeling a bit more financially secure when you see that “extra” cash hit your bank account. But, what you may not realize is that “extra” money was already yours to begin […]

3 Details to Not Overlook on Your Tax Return

You’ve prepared your return, and it’s ready to go. Or is it? Before you hit submit, save yourself some potential trouble later – or even some money on your tax bill – by double-checking these three important detail.

5 Tax Filing Tips to Beat the Deadline

Another year, another tax return. As we inch closer to the filing deadline, you may be scrambling to complete your return. While it is best to beat the deadline, it doesn’t pay to be in too big of a rush. If you miss something, you may pay more tax than you need to, or you may […]

What do I do if I can’t afford my taxes this year?

Find out what you should do when you can’t afford your tax bill.