Independence day is here! The day we remember those who fought for our independence in the past and honor our heroic military troops of the present. It’s also a day we celebrate with our families and friends by doing everything from firing up the grill to attending explosive firework shows.Our infographic shows you everything from how much Americans spend on Independence Day to how many millions of dollars in damage their personal firework celebrations are causing. Full story
Affordable Care Act, Obamacare, or the individual health insurance mandate, they have been all the buzz today, since the individual health insurance mandate was upheld today by a Supreme Court ruling. The individual insurance mandate aims to extend health insurance coverage to 30 million uninsured Americans, but how does that ruling impact your taxes today or even the next time you file your taxes?
With tropical storm Debby pounding the Tampa Bay area today and hurricane season on its way, we can’t help thinking about what we would do if we lost our most important documents should mother nature strike. Jim Wang saves the day and sheds light on the best ways to safeguard your documents. Full story
If you’re a true bargain hunter, you’ve probably heard about duty-free shopping before. It’s an opportunity to save tens or hundreds of dollars on your purchases by shopping in areas that have been designated as “duty” (or tax) free. Unfortunately, like many shopping tactics, duty-free isn’t always clear-cut. Today, we’ll introduce you to the topic with our beginner’s guide on duty-free shopping.
The first day of summer ( Summer Solstice) is June 20th, and with it, comes weeks away from the daily grind. Of course, summer vacation is just a myth for American adults. As for parents, they must prepare for challenge number one: keeping their children busy without breaking the bank. Fortunately, there are ways to send kids to summer camp and receive a tax savings. Find out more here. Full story
May and June are exciting months for college grads, parents, and relatives, as college graduates take that final walk across the stage and grab that much anticipated diploma. Parents and relatives are so excited this year, that they are expected to reward the Class of 2012 with $4.7 billion in gift cards, cash, electronics, apparel and other presents. Take a look at our graphical presentation of the college gift giving trends and student loan debt. Full story
Congratulations, another semester of higher education is behind you.
But what to do with all of this free time on your hands? If you’re not tied down with summer classes, you might want to checkout the different opportunities in the workforce. Full story
It’s easy to accumulate things so the idea of summertime cleaning always appeals to me. Fortunately, Uncle Sam has the same idea and if you do things right, you can clean out your home and get a nice tax deduction for your trouble when you file your taxes. Full story
Father’s Day is right around the corner and although Mother’s Day wins in the battle of the splurge (sorry dad), Father’s Day spending is closing the gap. In addition, in the battle of the techie, dads reign supreme over moms when it comes to receiving the hottest new electronic gadgets as Father’s Day gifts. Check out our infographic that compares Father’s Day vs. Mother’s Day spending, shows why dad is more tech-savvy, and how much more we are spending on electronic gadgets dads love. Full story
Aaaah summer’s in the air. Time to get that sun-kissed skin. Well not so fast. Did you know you will pay an additional 10% federal excise tax if you go to a tanning salon to get that extra glow (guess that’s why Snooki said she tans naturally now)? Michael Rubin gives us the 411 on the Tanning Tax. Full story