To save a little money on your vacation this summer, consider spending some of your time off on a Staycation, a vacation that you take right in your own home town. Here are ways to have lots of fun and save without traveling miles from home.
Most recent by Ginita Wall, CPA, CFP®
If you are in the military, we thank you for everything that you do. And Uncle Sam appreciates your service as well – the government recognizes your sacrifice and rewards you with a big basket of tax breaks. Here are five of them: Full story
What comes to mind when you think of summer? Sun, beach, relaxing, travel? Very few people equate summertime with taxes, but you’ll be surprised how many taxes you’ll pay when you travel this summer. Full story
I recently talked about five ways to get a bigger tax refund next year so it lasts into summer. Well, I told you I would have more to help you keep more money in your pocket. Here are five more tips on how to do just that.
We’d like to give thanks to our dedicated military members this Armed Forces Day. In celebration of you, here are some tips from Ginita Wall to help you save more money for you and your family. Full story
It’s oh-so-nice to get a tax refund in the spring – wouldn’t it be great if you could get one in the summer as well? Sorry, tax refunds come but once a year, but the next best thing is to get a bigger tax refund next year so it lasts into summer. Here are five tips on how to do just that. Full story
Don’t think you can escape penalties by not filing. If you don’t file, you’ll owe a 5% per month penalty for not filing. For any month that the failure-to-file penalty and the failure-to-pay penalty both apply, the 5% failure-to-file penalty is reduced by the failure-to-pay penalty.
If you really need extra time to prepare your tax return, you can file an extension with TurboTax by April 15 to request an extension until October 15 to avoid nasty 5%-per-month penalties for late filing and late payment.
It’s important to know who qualifies for a dependency exemption, because for each exemption you can claim a $3,900 deduction on your 2013 tax return ($3,950 for 2014). Here are some rules that will help you figure out who qualifies and who doesn’t. Full story
With the tax deadline around the corner we thought it would be fun to look at crazy tax myths on April Fool’s Day. Ginita Wall shares 5 tax myths that you should be aware of. Full story