“It’s my money and I’ll do with it what I want.” Nice thought, but not quite true. You needed to account for it when you earned it, and likely paid tax at that time, and you need to be aware of the rules for giving it away if that’s your intention.
Full Story
Hot enough for you? As summer starts to heat up, most of us begin to think of ways to keep cool. And you might be wondering about ways to get tax credits and deductions for the cost of doing so....
Full Story
With the winter weather comes colder temperatures and higher heating bills. While thinking about your utility bill won’t bring a smile to your face, you can take advantage of some generous tax credits offered by the IRS to soften the...
Full Story
If you haven’t submitted your taxes yet, there’s some good news – if you qualify, you may be able to boost your finances both now and later with the Saver’s Credit (also known as Retirement Savings Contributions Credit). The credit is...
Full Story
The holidays are usually a welcome time of year… unless you have children and need someone to watch them! If you have pre-school aged children, your regular care will be just fine. But if they’re between five and 12, where...
Full Story
The holidays are here and with it comes a season of eating … and gaining … that is unmatched any other time of the year. Worry not, come January 1 when you are ready to start anew, there are ways...
Full Story
It’s oh-so-nice to get a tax refund in the spring – but if you were unlucky enough to owe taxes on April 15, lowering your tax burden for next year may be your goal. Here are seven tips on how...
Full Story
We’re in the depths of tax season and we’ve been answering your questions that have come up on our AnswerXchange forum. We’ve seen questions surrounding the EIC or EITC pop up and we’re here to help. If you believe you...
Full Story
Tax-time is around the corner. Find out about four tax credits to boost your tax refund.
Your kids can mean big savings come tax-time. Find out how.
