Hollywood peddles a lot of stories, and one of the most popular is that there is an IRS agent waiting around every corner. Dorothy from Golden Girls, the stress-out parents on the cult classic This So Called Life, the squad at Brooklyn Nine-Nine, and countless other TV characters all faced grueling […]
With the 2017 tax season over, you probably already put you tax return behind you and put your tax refund to good use. But what about all that paperwork? How long to keep tax papers? Have you filed your 2016 documents away somewhere never to be gazed upon again? Perhaps the documents are still […]
We all know child care can get expensive. However, it’s sometimes necessary. If you are working and need help with child care, you can reduce some of the impact to your bottom line with the help of the child care tax credit.
Before you claim the child care tax credit, though, there are a few things you […]
The idea of a tax audit concerns many of us. And why wouldn’t it? The thought of the IRS coming after you, telling you that you owe more money and potentially garnishing your wages can be very daunting. Before you get too worked up about a tax audit, here are three things you should know:
A few years ago, the government announced that taxpayers could spend money to install energy efficient systems and receive tax breaks. Those tax credits have been set to expire for some time, but Congress has renewed them for another year. In some cases, the tax credits have been renewed for even longer.
If you want to save money with […]