As you know, filing taxes can be incredibly expensive. But what if we told you that it doesn’t have to be? There are, as it turns out, several awesome tools that allow you to file your taxes from the comfort of your home for free. That’s right! No payment is required. If you’re interested in […]
What’s the Best Use of My Tax Return?
Tax time is here, and many people will see substantial returns. Our first instinct is to spend the money on something we’ve wanted and to splurge on something we’d never usually buy ourselves, but that can lead to feelings of regret. The extra money is always welcomed, and there are always several ways to put […]
How a CPA Saved Me $4310 in Taxes
I have been doing my own taxes for many years, dating back to the days when I had to drive to the Federal Building 25 miles away to pick up all of my forms, read the books of instructions, then run all of the math on an 8 ½” x 11” pad before transferring the […]
5 Plans for Your Tax Refund
According to USA Today, the average tax refund last year was over $3,000. If you are anywhere near average, you will soon have thousands of dollars in your pocket – money which will disappear if you do not have a plan for it. Not everyone should have the same plan, but all should create a […]
Should you Itemize or take the Standard Deduction?
With income tax filing time upon us, you need to be asking yourself whether you should itemize or take a standard deduction. If talking taxes makes your head hurt, I beseech you to stick with me for two reasons: 1) this is simple stuff and 2) understanding these two types of deductions could save you […]