As you begin your annual spring cleaning ritual, consider going beyond weeding the yard and moving furniture in search of dust-mite filled corners; this year, clean up your financial and tax affairs. Full story
Most recent by Michael Rubin
You beat the tax deadline and were lucky enough to get a tax refund! But what happens when the amount the IRS has deposited into your bank account is less than the amount you expected. Your tax refund may have been offset by the Treasury Offset Program. Here are the most common examples of past due debts that can offset (reduce) your income tax refund.
Every year, taxpayers find themselves in a situation where they simply can’t pay the amount they owe on April 15. If that happens to you, consider each of the following tips to make sure you don’t accidentally put yourself in an even worse position.
It is increasingly common for adult children to take care of their elderly parents. When such support begins to become both financial and significant, many wonder whether a tax break might be available to help offset some of the expenses. Here are some of the key considerations to determine if you can claim your parent as a dependent. Full story
According to the Internal Revenue Service (IRS) itself, the IRS owes taxpayers more than $900,000,000 in unclaimed tax refunds. One easy way to avoid an unclaimed refund is to always timely file your tax returns. Full story
Although your charitable nature surely isn’t solely motivated by the potential for a tax deduction, saving a few bucks on your taxes is a nice side benefit. To make sure you maximize the tax value of any of your planned philanthropy before the end of the year, consider the following guidelines. Full story
One of the worse natural disasters in history hit the Philippines last week. Whether you’ve been hit by a natural disaster or know someone hit by disaster our hearts go out to you or anyone you know faced with this difficult situation. We know that natural disasters may occur without any warning, but hopefully these tips offered by Michael Rubin will help you safeguard your records before they occur.
As we honor those who have served our country and continue to serve this Veteran’s Day, we would like to share money saving tax tips for our troops protecting our country.
The options for things to do which either cost a lot (or don’t cost a lot) of money, vary significantly by the season. Here’s one example of where the fall season made it really easy for me to save while having fun. Full story
Were you particularly generous this summer by donating not only your money but also your time? If so, keep reading to see if some of your charitable nature might be rewarded by an increased tax deduction next April. Full story