Contributions you make to your 401(k) plan can reduce your tax liability at the end of the year as well as your tax withholding each pay period. 401(k) plan contributions.
Did you get a large refund this past April? More than $1000? Time to sit down, sip your beverage, and learn a bit about how to adjust your withholdings.
The IRS deems all taxable income as one of two types: ordinary and capital gain. Here is an overview the difference between ordinary and capital gains, and a basic introduction to capital gains.
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.
Fall is here, and if you’re remembering your heating bills from last winter, you probably are already thinking about what you can do to cut that bill. Today, we look at tax breaks that help save you money while you make your home a bit more energy efficient.
Congratulations, on almost completing another year of college! You’re almost in the home stretch and can look forward to sleeping in (well at least for a little while). Unfortunately, not far behind is the repayment of any student loans you...
There are no words that can describe the feeling of becoming new parents. The happiness a new baby brings into a family is a wonderful thing. However, the cost of having a child can be a shock to new parents. Here’s more about those tax benefits and how you might qualify.
For most of us, the decision to get married is more about romance than finances. Today, we’ll review these important implications, as well as the tax perks available to married couples.
Between gasoline, packing materials, moving assistance, and insurance, the summertime moving costs can really add up. All of this might get you thinking, “Are any of my summer-time moving expenses tax deductible?”
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.
