Tips

Don’t wait until the last minute to itemize your deductions!

Starting to itemize now will greatly help you avoid stress when it gets to be tax season again. Here are some things to keep in mind to be prepared.

Posted July 28, 2014
Tips

Determining what’s a business travel expense and what’s not can be a very gray area. Find out how to clear up the confusion.

Posted July 21, 2014
Tips

Roth IRAs can be mystifying with all the conflicting information out there.

Investments in Roth IRAs are quite simple to understand despite what financial ads that run during major sporting events would lead you to believe.

Posted July 14, 2014
Tips

Saving for retirement shouldn’t be complex. Here’s how to keep it simple.

The number 1 thing to keep in mind when saving for retirement is consistency. Overthinking elaborate investment schemes is not as effective as it is to keep things simple and invest on a regular basis.

Posted July 7, 2014
Tips

Will your itemized deductions for 2013 be right around the standard reduction amount? If so, you can bundle expenses for every other year and claim the standard deduction in the in between years. Over two years, this will significantly cut how much income you’re taxed on.

Posted June 26, 2014
Tips

Did you know anyone paid for babysitting has to report that income to the IRS if they made over $600? Or let’s say you and a neighbor want to trade cars, you’ll still have to pay taxes on what the fair market value of the car you bartered. But not all income is taxable.

Posted June 19, 2014
Tips

Living abroad for work can be a tricky tax situation. In many cases both countries want to tax your income that you’re making while working and living overseas. While many countries have different requirements, here’s what you need to know about the IRS’s requirements.

Posted June 12, 2014
Tips

Looking for work costs money. Things like resume paper and printing, a new suit, and paying for premium online job search services can add up. This can be a little tough on job seekers who are likely unemployed. Sometimes these job seekers even have to take a class or two to be more marketable.

Posted June 5, 2014