The Other Benefit of Giving
On Tuesday, I highlighted three things to consider when giving to charity. Obviously giving to charities provides a benefit in and of itself. But, you may receive an additional financial…
Category: Tax
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Three Things You Should Do Before You Forget About Your Taxes for the Year
Another tax season in the books. If you’re like me, you take a huge sigh of relief when tax season is over. Both deadlines create an enormous amount of stress… -
Last-Minute Tips for Thursday’s Tax Deadline
The deadline is here! Thursday is the last day to file your 2014 tax return. We have our final push in the office this week, with clients feverishly trying to… -
How to Resolve Your Income Tax Debt
On Tuesday, I covered the importance of filing your income tax return on time to avoid the failure-to-file penalty. This could mean filing a return on which you owe but… -
The Deadline is Coming…Are You Ready?
It’s that time of the year again. The second tax deadline is coming. You have a month to get your return done. And while that may seem like a long… -
The Unexpected Consequences of Debt Forgiveness
On Tuesday, I highlighted three ways that you could get rid of your student loans without paying them. While it may feel great to have that burden behind you, you… -
What You Need to Know About Taking Social Security
I’ve been on a marriage kick lately in anticipation of the Obergefell decision coming out very soon. And when I reviewed my prior posts on the financial advantages of getting… -
How a Child Can Reduce Your Taxes
As I discussed on Tuesday, raising a child is going to be expensive. You will need accessories like a stroller and a car seat. You may have to find a… -
Five Situations When it Pays to Get Married
The oral arguments this week in Obergefell v. Hodges caused me to reflect on the importance of marriage equality. As the lawyers for the plaintiffs argued, the right to marry… -
How to File an Extension with the IRS
Two days left! You only have today and tomorrow to file your income tax return before the IRS’ first filing deadline. Luckily, you can get more time, if you know… -
Personal Tax Deductions You Shouldn’t Miss
On Tuesday, I offered three types of deductions that make life a little easier for the self-employed. I also want to offer some tax-saving tips for you wage earners who… -
Three Tax Deductions that Make Life Easier for Schedule C Filers
I encounter a lot of Schedule C filers in my practice. These are the people that in some way work for themselves. The self employed have a lot to deal… -
Understanding the Alternative Minimum Tax
In my series on what you need to know about your income tax return, I mentioned a part of your Form 1040 that needed its own post – the alternative…