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Tax Tips

5 Ways to Celebrate The Holidays Without Blowing Your Budget

December 4, 2020 (Last Modified: December 16, 2020) / Elle Martinez
5 Ways to Celebrate The Holidays Without Blowing Your BudgetCan you believe it? We only have one month left and then we’re wrapping up the year! This holiday season undoubtedly looks different from what we are used to given COVID-19. It’s possible your holiday plans may have taken a...

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Income and Investments

How to Evolve Your Financial Goals When Your Income has Changed

November 18, 2020 (Last Modified: January 13, 2021) / TurboTaxBlogTeam
How to Evolve Your Financial Goals When Your Income has ChangedWhen you have small changes in income, such as a reduction in hours or a raise, it’s not hard to adjust your financial goals. Small incremental changes are easy to handle. But what if you have a big change? What...

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Tax Refunds

How to Turn Money Into More Money (Investing Your Tax Return)

May 19, 2020 (Last Modified: November 17, 2020) / Elle Martinez
How to Turn Money Into More Money (Investing Your Tax Return)With about 72% of taxpayers receiving a tax refund and with refunds being on average $3,000, refund checks can have a significant impact on many Americans’ finances, especially this year. If you’re looking for ways to maximize your refund, you’ve...

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Earth Day 2020: Going Green Saves You Green on Your Taxes

April 22, 2020 (Last Modified: April 23, 2020) / TurboTaxBlogTeam
Earth Day 2020: Going Green Saves You Green on Your TaxesDid you know that Earth Day 2020 marks Earth Day’s 50th anniversary and this year’s theme is climate action? Taxes may not be the first thought when you think about the environment, but it’s important to highlight the benefits of...

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Tax Planning

2019 Health Savings Account (HSA) Contribution Deadline and Your Taxes: What You Need to Know

April 20, 2020 / TurboTaxBlogTeam
2019 Health Savings Account (HSA) Contribution Deadline and Your Taxes: What You Need to KnowDo you have questions about how Coronavirus Relief impacts your Health Savings Account? We have answers for you! With this year’s changes to tax deadlines due to the Coronavirus relief bill (CARES Act), you have time to consider how to...

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Income and Investments

8 Ways to Fund Your Retirement in 2020

February 14, 2020 (Last Modified: March 24, 2020) / TurboTaxBlogTeam
8 Ways to Fund Your Retirement in 2020Is this the year you’re going to make the most of your retirement savings?  At T. Rowe Price, we recommend you try to save at least 15% of your income (including any 401(k) company match) each year for retirement. That’s...

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Tax Planning

Tips for Having a Budget-Friendly Valentine’s Day

February 13, 2020 / Ginita Wall, CPA, CFP®
Tips for Having a Budget-Friendly Valentine’s DayIt’s Valentine’s Day and you’re on a budget – bummer! Good news, you don’t have to spend a ton of money to have a great Valentine’s Day that you’ll remember. You just need a little thought and creativity to make...

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Tax Deductions and Credits

12 Ways to Save on Taxes Through Life’s Transitions

February 8, 2020 / Ginita Wall, CPA, CFP®
12 Ways to Save on Taxes Through Life’s Transitions

Though it hasn’t gotten to the point the Beatles envisioned when they said that if you take a walk they’ll tax your feet, like it or not, taxes are a part of almost everything we do in life. There are, however, ways to save on your taxes through your life’s transitions. Here are 12 tax tips to help you through major life events.

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Tax Planning

Are You Ready for Some Football? Save Money While Hosting Friends for the Super Bowl

January 29, 2020 (Last Modified: January 30, 2020) / TurboTaxBlogTeam
Are You Ready for Some Football? Save Money While Hosting Friends for the Super BowlAs all you football fans are already well aware, the Super Bowl is right around the corner! Since most people prefer to watch the big game with their friends or family, a party is almost always in the game plan....

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Income and Investments

Whats Is an Individual Investor? (Definition & Meaning)

January 16, 2020 (Last Modified: January 6, 2021) / Jim Wang
Whats Is an Individual Investor? (Definition & Meaning)Years ago, when I first started investing, I was worried about what it meant for my taxes. I just started a new job, set up my retirement plan, and my head was spinning from so many forms that I waited...

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