When planning home improvements, it’s essential to understand which projects may offer potential tax advantages. While most home improvement costs are considered personal and aren’t typically tax-deductible, there are notable exceptions. This guide will answer...
Child care is an essential need for American families, not a luxury. However, the rising costs of quality child care are surpassing other major expenses like housing and higher education, creating a financial strain for many. In 2022, the average annual cost of child...
Legally speaking, the later of these two dates is the latest day by which you can file a credit claim or get a federal income tax refund for a certain tax year: Either two years after the date of tax payment or three years after the date on which your federal income...
This summer, taxes are most likely the last thing on your mind, but bear with us! In fact, the summer is a great time to do a mid-year financial review and evaluate your tax status. Here are some summer tax decisions you can make to save yourself some money come tax...
There’s generally a mix of excitement and fear around tax season. However, what if we told you that saying “I do” can actually have financial benefits? Joining forces with your spouse to file jointly can result in substantial tax savings. We’re...
Bereavement of a loved one is a difficult and emotional period. Unfortunately, even while mourning, there’s the pragmatic issue of managing their money, which includes paying taxes. This list will walk you through the procedures and things to think about when...
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