On April 4th the IRS announced that victims of the recent Washington State floods and… Full story
Today, the IRS announced that taxpayers who made cash donations for Philippines typhoon relief on or after March 26, 2014 and before midnight on Monday, April 14, 2014, can get an immediate tax benefit when claiming the donation on their 2013 return. If you’re thinking of giving back, it’s not too late. Full story
The 4/15 tax deadline is finally in view and with 1 in 4 Americans waiting… Full story
Saving is tough enough as it is, especially when you don’t have much income, and there aren’t a lot of incentives to save lately. There is one and it’s called the Retirement Savings Contributions Credit, or more commonly referred to as the Saver’s Credit. Full story
Who said the rich and famous don’t need to worry about their tax bill? Facebook… 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
One of my buddies was just starting on her taxes. If you’re in a similar boat as my friend, I want to give you a few tips on getting your taxes done.
With just a few days left before the March 31 deadline to sign up for health insurance, the Obama Administration announced that it will give extra time to those uninsured Americans who started to enroll in health insurance but were unable to complete the process. Full story
Yesterday the IRS answered this long standing question about the taxation of virtual digital currency, announcing that virtual digital currency like Bitcoins should be taxed as property instead of currency for federal tax purposes and the same rules that apply to property transactions like the sale of stocks apply to virtual currency. So what does this mean for you if you’re a tech savvy taxpayer dabbling in trading this form of currency? Full story
If you are a Millennial, you might be filing your taxes for the very first time, or perhaps this is only your second or third time filing taxes. As you get ready to file your taxes, here are some last minute things to keep in mind: Full story
Schools out for summer and you may have been trying to figure out more ways… Full story
Congratulations, class of 2014! Here are 6 tax and financial tips to keep you headed in the right direction as you move into this next phase of life. Full story
Summer is coming soon it means time for vacation. While Disney World can extremely fun, it can be expensive, but it’s not the only kid friendly destination for your family vacation. There are some wonderful ways you and your family can bond and stay on your budget.
Bonuses can change your tax situation depending how large the bonus and what methods employers use to tax the income. Find out how bonuses(supplemental income) are taxed. Full story