Author: Nina Sidibe

Maximize Your Social Security—Planning Tips for Every Taxpayer

Eligibility for Social Security benefits is primarily based on your work history and your age. Typically, these retirement benefits are available to individuals who have contributed to the Social Security system through payroll taxes during their working years, and ...

Do You Know How to Deduct Business Meals?

As a business owner, there may be times throughout the year when you want to show appreciation for your clients. Scheduling a business lunch or dinner together can be a great way to treat them and celebrate your working ...

What to Know About Paying Taxes on Prizes

Everyone loves prizes! But when it comes to prize taxability, you might end up sharing some of your winnings with the IRS. Understanding the implications of banking a big win can help you prepare when tax season comes.

What Does “Unearned Income” Mean for Your Taxes?

In the eyes of the IRS, your annual income has two different categories: earned income and unearned income. This is important because your money will be taxed at different rates depending on where it’s coming from. Sound confusing? Let’s ...

Are You Making the Most of Your HSA?

Having to juggle medical bills along with everything else in your family’s spending can be pretty challenging. So when those medical expenses start piling up, you need to know how to protect your budget. Exploring your options with a ...

Tax Strategies for Couples Tying the Knot

Whether you’re on the verge of saying "I do" or have just recently celebrated your journey into marriage, there are some crucial tax insights that every newlywed needs to know. If you want to navigate the tax landscape with ...

Don’t Miss Out: Tax Savings Alternatives

Optimizing your tax situation requires proactive planning and a keen understanding of the ever-evolving tax landscape. There’s also the question of the rising and falling interest rates. If you aren’t roughly aware of the events that can trigger shifts ...

Pros and Cons: When Should You File an Amended Tax Return?

Once the tax season is well behind you, there’s usually a sense of relief! But that isn’t always the case. Encountering a tax return error can raise a lot of questions, starting with whether an amended return will even ...

Is There Tax Deductibility for Bad Debt?

Everyone should be paid what they’re rightly owed. Unfortunately, bad debt still happens. If you’re in this type of situation, the tax ramifications can go one of two ways. They’ll either work in your favor to lower your tax ...