Tax credits
Learn about credits you qualify for to reduce your tax liability.
Deductions
Lower your taxable income using the right deductions.
Brackets
Tax brackets can be confusing, but are essential to understand.
Filing your return
Consider these things before deciding whether to hire an accountant.
Everyone wants to have a lower bill, especially when it comes to taxes. A healthy tax refund check can feel like winning the lottery, but many taxpayers are missing out on even bigger refunds because they fail to claim tax credits and deductions that they may qualify for.
The majority of Americans do not understand how tax brackets work or what the difference between a tax credit and tax deduction is. If you want to pay less in tax, it's essential that you understand these concepts.
Retiring with enough saved to live comfortably after you've left the workforce depends heavily on understanding how taxes apply to the Roth IRA, traditional IRA, and a 401k. It's not safe to assume you'll pay less taxes in retirement – in fact, with careful planning you can even avoid paying any income tax when you retire.
How A Health Savings Account (HSA) Works
These accounts can function as a powerful savings tool with benefits that can extend for many years.
Understand The Coronavirus (COVID-19) Tax Extension
The government is providing an extension that can help during this difficult time.
How To Save Money Through Tax Deductions
It's important to understand how tax deductions work, when you can take them, and how much you save.
Here Are 5 Simple Strategies You Can Use to Pay Less Tax This Year
One of the most significant financial reliefs one could have is a lower tax bill.
What Tax Credits Can I Qualify For?
Reduce your tax liability by taking advantage of tax credits you qualify for.
Tax Credits vs. Tax Deductions: How They Work
With tax credits and tax deductions, it’s sometimes confusing what the difference is and which will provide the lower liability.
Are Unemployment Benefits Subject to Income Tax?
Any time you receive money from the government or your job, always approach with caution and save for taxes.
Should I Prepare my Own Taxes or Hire an Accountant?
Should I Prepare my Own Taxes or Hire an Accountant?
February 5, 2020
You Might Have To Pay Income Tax On Your Social Security Income
You Might Have To Pay Income Tax On Your Social Security Income
January 6, 2020
What Most People Don't Understand About Tax Brackets
What Most People Don't Understand About Tax Brackets
December 5, 2019
What to Do With Your Tax Refund: 5 Smart Ideas
What to Do With Your Tax Refund: 5 Smart Ideas
March 24, 2020
How To Save Money on Taxes with Charitable Donations
How To Save Money on Taxes with Charitable Donations
February 13, 2020
