The American Tax system is complicated. But sometimes the aspects that complicate your tax return can work in your favor. I’m referring to the multitude of tax credits and deductions that are ... Read More about Common Tax Credits and Tax Deductions – How to Qualify for and Claim Your Eligible Tax Deductions
Have you filed your tax return yet? Federal tax returns are due each year on April 15th. However, you can file for an automatic tax extension if you haven't finished your return by the deadline. ... Read More about Federal Tax Extension Deadline – File Taxes by October 15th, or Pay the Price!
I still haven't filed my taxes. I know, I'm running out of time. I don't really have an excuse other than trying to do too many things at once. I should have time to finish my taxes this weekend, but ... Read More about How to File a Tax Extension
Tax Day is right around the corner, and if you have already filed your taxes, that means you can relax - tax season is over until next year! But if you didn't file your taxes or didn't file a tax ... Read More about What Happens if You Miss the Tax Deadline? Taxes, Penalties & Fees, Oh My!
Do you owe estimated taxes? The US tax system is a pay as you go system, which means you are supposed to pay taxes as you earn income. This isn't a problem for many people because their employers ... Read More about Estimated Taxes – Quarterly Estimated Tax Guide, Deadlines, Who Pays, and How Much
In America, we love our tax deductions. We may despise the tax code, and find it anything but user-friendly – but don’t touch our cherished deductions. Much of that is born out of the history of the ... Read More about Income Tax Deductions Ain’t What they Used to Be
The end of the year is rushing to a close, which means now is the time to finish your plans for saving money on your taxes. While there are some things you can do after December 31st to lower your tax ... Read More about Year End Tax Tips
As more people enjoy the benefits of working from home on either a full- or part-time basis, it’s important to understand what money-saving tax deductions are available. Keep reading and we’ll cover ... Read More about Money-Saving Home Office Tax Deductions
As host of the Money Girl podcast, I get lots of email questions from listeners. Since the beginning of the year, I’ve received a steady stream of questions about claiming the Home Mortgage Interest ... Read More about Home Mortgage Interest Deduction Guide – Who Can Claim Home Mortgage Interest Deduction?
No one wants to pay more income tax than they have to. The best way to make sure you don’t overpay the IRS is to stay on top of all the tax deductions and credits that you’re eligible for. If your ... Read More about 7 Simple Tips to Legally Pay Less Tax