If you have a child in college, or you are pursuing a post-secondary degree for yourself, you may have received a 1098-T statement from your university. I received one in the mail as it's my son's first year in college. I didn't realize exactly … [Read more...] about Reduce Your Tax Bill Up To $2500 With The American Opportunity Tax Credit
In December Congress passed, and the President signed into law a tax reform bill. There's been, and continues to be, much discussion about exactly who benefits the most from the changes. That's something that will likely not be fully … [Read more...] about Will The SALT Tax Deduction Change Affect You?
There's a lot of talk regarding changes to taxes lately, and it's extremely difficult to determine exactly how they will affect you specifically. One of the things being discussed is repealing the property tax deduction. How would … [Read more...] about How Would You Be Affected By A Repeal Of The Property Tax Deduction?
Have you noticed a bump in your paycheck lately? If you have a high income, as the end of the year approaches you may notice an increase in your paycheck even though your gross income has not changed. This isn't a mistake, the money is yours. You … [Read more...] about What Is The Social Security Tax Maximum?
Over the weekend I finally took the plunge and did my taxes. Even though I completed my tax return, I haven't submitted it to the IRS just yet. I always like to let it sit for a few days, then go over it again to make sure I haven't made any mistakes … [Read more...] about 5 Commonly Missed Tax Deductions
A few days ago I purchased this year's copy of H&R Block tax preparation software as it's time to roll out my W-2s, invoices, and other tax documents and do my once a year correspondence with the IRS. As a blogger, I'm technically a small … [Read more...] about One Simple Trick To Save Money On Tax Preparation Software