No matter your opinion on the recent Supreme Court ruling on the Affordable Care Act, changes mandated by that act might affect your finances in the future. Unfortunately, between the talking heads and angry individuals on both sides of the health care debate, it can be rather difficult to figure out exactly how your finances […]
The end of a marriage is not only tragic, but it also leaves a number of logistical and financial problems in its wake. One of the issues that many separating couples may need to educate themselves about is how a divorce will change their tax burden. Here are four topics that might make the first […]
Many of us look forward to tax season every year, at least we do after the pain of filing a tax return is over. From previous experience, we know that we are very likely to get a substantial amount of money back from our tax returns, and it’s like Christmas in April – without the […]
It’s income tax week here in the U.S., and if you haven’t filed yet, you still have a few more days to squeeze in those last minute deductions. Filing income taxes is one of those tedious, necessary chores that all must face each year. In general, most people try put a positive spin on their […]
Tax season is upon us. If you haven’t yet received your tax forms, you will be getting them soon. Getting a refund is exciting, but many treat it as though they won some sort of prize. Some decide to go and spend their refund on a big vacation or on a new entertainment system, but […]
As you figure your taxes this year, you might be looking at the result and thinking that it would be nice if you could deduct just a little bit more from your income. Even though a tax deduction isn’t as valuable as a tax credit, it can still help you by lowering your tax liability and […]
