Veterans Day was originally called Armistice Day, and it commemorated the end of fighting in World War I. Rechristened Veterans Day in 1954, it is now the day we honor American veterans of all wars. Because of the extraordinary contributions military...
Being a family caregiver can be lonely sometimes, but know that you are not alone. There are 52 million people in the U.S. who provide caregiving to an adult family member or friend. Caregiving can be time-consuming and it is...
If you are a teacher, you have a lot of planning to do for the upcoming year, but with the end of the calendar year fast approaching, you should also be planning for your tax deductions. Here are five tips to save you money on your taxes.
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.
Though medical expenses cost a bundle, medical insurance premiums, co-pays and uncovered medical expenses are deductible as itemized deductions on your tax return, and that can help defray the costs. In the past you could deduct only those medical expenses that exceed 7.5% of your adjusted gross income; beginning in 2013, that threshold has been raised to 10%.
Ah, the joys of being self-employed, going to work in your home office in your pajamas, with nary a boss or employee to deal with. Some self-employeds fit that image, while other small business owners have formal offices and employees and infrastructure. But whichever business model is yours, TurboTax can help you file your taxes. Here are seven tax tips to help you cope as the tax deadline approaches.
If you plan to take advantage of some of the tax provisions for which the curtain goes down at midnight on December 31, here are a few of the expiring tax provisions, and some ideas about what you should do now.