The best last minute tax moves are done before the calendar flips into the new year, but depending on your financial situation, you might be able to squeeze in one more tax deduction if you waited to file your taxes.
Saving is tough enough as it is, especially when you don’t have much income, and there aren’t a lot of incentives to save lately. There is one and it’s called the Retirement Savings Contributions Credit, or more commonly referred to as the Saver’s Credit.
If you are a Millennial, you might be filing your taxes for the very first time, or perhaps this is only your second or third time filing taxes. As you get ready to file your taxes, here are some last minute things to keep in mind:
When planning for retirement, you need to know what your contribution limits are. And wouldn’t you know it, the maximum contribution limits for 2013 have increased. Knowing about yearly contribution limits helps you develop a retirement savings plan and helps you also make some smart end of year tax moves to save money on your taxes.
Most of us have heard of financial gurus touting the many benefits of investing in an IRA. Depending on whether one goes with a traditional Individual Retirement Arrangement or Roth, participants can get some tax benefits with their contributions or on their withdrawals. If you’re looking to jump start or increase your retirement contributions, here are some big ways to find money in your budget.
Colorful eggs are a sure sign that Easter is approaching and that the tax deadline is right around the corner, but there’s an even more important egg you should be thinking about. Your nest egg may not get much thought,...
Investing has never been easier than today with all the options available for people to really use their savings to achieve the dreams and the goals for the future. No savings to become a smart investor? Consider your tax refund to start investing in the stock market like a professional.
Happy New Year! For most of us, the new year is time to make resolutions and attempt to make a fresh start. It’s also time when many folks start thinking about filing their taxes. If you’ve said goodbye to 2012 and you’re ready to tackle your 2013, here are 5 tax tips to keep in mind for the new year ahead.