Personal Finance and Lifestyle Guide
Everyone makes mistakes. It’s all a part of being human. Do we love making mistakes? No; no one really enjoys making mistakes. However, we all do it and we can all learn from them. That’s what makes mistakes so valuable. There is no great success without first failing, making mistakes and learning from them. Everything […] More
The deadline to file your tax returns is approaching faster than many would hope, so it is best to gather your documents and determine if you are receiving money back from the government or are paying Uncle Sam. One of the key elements to filing your return is figuring out what you can write off […] More
Tax day is only a few weeks away, and we know that many of you are scrambling to get your paperwork together and get your taxes completed before the deadline arrives. Statistics show that as many as 25% of taxpayers wait until the last possible moment to file their income taxes, mostly due to the […] More
Yes, you can use your credit card to pay taxes but here we’re going to tell you how and why. While this may not seem like a good idea, it can be as long as you are financially responsible. Remember that most people can earn a considerable amount of points from using their credit card […] More
Tax laws change continuously, which means that people are constantly worried that they are making mistakes in filing their income tax returns. Chances are good that you might make a small mistake here or there, but they’re also good you won’t. With so many tax law changes, it’s difficult to ensure that you are able […] More
Just when you think that you’re late to the game, you’re really not as late as you might think. If you have not yet even begun the process of working on your taxes, don’t fret. Many have not. The good news is that you have time to file for an extension of time in case […] More
As if buying a home, selling a home or being a homeowner is not stressful enough, filing taxes with any of this on your list of financial things you did in 2015 makes tax season a bit more stressful. Many taxpayers forget that there are a few special circumstances in place not only for homeowners […] More
Tax day is almost here, and we know you are scrambling looking for any potential last minute deductions, credits and anything else that might allow you to save a bit of money on your taxes. I know I was before I paid mine; and that means that the rest of the world is doing the […] More
With tax time just around the corner, we find that many people are asking the same question. Should you contribute more to withholding for a bigger tax refund, or should you have a bigger paycheck throughout the year? Many people are divided on this one, and others have very staunch opinions on the subject matter. […] More
The Affordable Care Act (ACA, or Obamacare if you prefer) has probably had a significant impact on your health insurance. Did you realize that Obamacare has had an effect on your taxes as well? Here are a few of the tax ramifications of the ACA. Individual Mandate – If you are aware of only one […] More
Are you over 50? If you are, you might qualify for a number of tax breaks when you file your 2015 income tax return. Typically, being 65 or older is when you really begin to reap the benefits of age as it applies to tax breaks, but it is not uncommon for those 50 and […] More
One of the most commonly asked questions regarding your income taxes is whether or not it’s all right to file an extension of time. Form 4868 is the Application for Automatic Extension of Time to File U.S. Individual Income Tax Return forms, and it is perfectly legal. This is a form for those who might […] More