The words taxes and fun rarely go together in the same sentence, but here are a few fun state tax facts and federal scenarios…we promise they’re fun! Within your own state there are plenty of interesting tax rules that you...
The IRS issues tax refunds when you pay more tax during the year than you actually owe. When you file exempt with your employer for federal tax withholding, you do not make any tax payments during the year. Without paying tax, you do not qualify for a tax refund unless you qualify to claim a refundable tax credit.
Some believe that you can deduct contributions to any organization you want. Others insist that you can deduct the value of time spent volunteering. In fact, both of these ideas are wrong. Here’s the a quick guide to charitable deductions.
If you moved last year, you had to get settled in your new community and make it feel like home for yourself and your family. If you moved from one state to another, you had even more to do, as...
According to the United States Census Bureau, 13 million Americans had more than one job in 2019 and the number is only projected to increase as more Americans need supplemental income, desire to increase their skill set, or there is...
Picture this: you have an awesome job and are making your very own money (maybe for the first time) and all is well…and then BAM! January comes, your employer sends you a W-2 form and suddenly you are thrust into...
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.
Do I have to file a tax return? Knowing the filing limits is the best place to start if you are not sure about filing a tax return. Compiled here are the basic guidelines to aid in the decision making...
Although you don’t need to know much about tax forms with TurboTax on your side, it’s always best to organize your forms that when you sit down to do your taxes. Many people are familiar with W-2s, but they may not be aware that other financial documents...
Whether you’re channeling your inner rocker, bride, or Wall Street professional, the way your hair looks can say a lot about your stage of life. Regardless of your style du jour, your finances — just like your hairstyle — need...