How Social Security Income is Taxed
Not everyone has to pay taxes on their Social Security benefits. To see if your Social Security will be taxed, you have to look at your *combined income and your marital status. Find out more here.
Search
Who Can I Claim As a Dependent?
The question “Who can I claim as my dependent?” has remained a confusing topic for many taxpayers and an area where tax deductions are often missed or misstated on tax returns. Did you know you may be able to claim…
Back-to-School: Education Tax Benefits to Offset Education Costs
College is expensive. If you are looking for a way to offset some of your education costs, the government offers some tax credits and deductions designed to help students and their parents.
Child Tax Credit 101 [Video]
Learning about tax credits and deductions that you qualify for can make a big difference at tax time. If you’re a parent, you’ll be happy to know that you may qualify for the Child Tax Credit if you have children….
Even Self-Employed Bosses Need Time Off
This year has been amazing, but also very packed for me business wise. I started the year off co-hosting a financial summit, published my book, Jumpstart Your Marriage and Your Money, and this week I launched my first course! I…
Can I Claim My Girlfriend or Boyfriend as a Dependent?
Are you living with your girlfriend or boyfriend? Have you ever wondered whether or not you could claim him or her on your tax return as a dependent? Like many things in life, it depends. Even if it feels like…
Bonus Time: How Bonuses Are Taxed and Treated by the IRS
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.
Tips for Paying Off Summer Credit Card Debt
We’re halfway through the year! How have you been doing with your finances? If you’re behind on some of your goals, that’s okay. There’s plenty of time to get back into the swing of things! One goal many people have…
Can My Boat or RV be Claimed as a Primary Residence on My Taxes?
Recently, there have been a plethora of stories about folks looking for a simpler life. For some, that simpler life is a tiny house where the upkeep and costs are low, and you strip your residence down to the bare…
Summer Cleaning Donations
Now that summer is upon on us, it might be a good time to go through your closets and clear out a little room while you have some more free time. Despite what you may have heard, making donations of property is not as scary or tricky as some have made it out to be.
