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5 Tax Mistakes You Shouldn’t Learn the Hard Way

Making mistakes is a part of life. But they shouldn’t be part of your tax return! Even the smallest oversight can turn into a big problem down the road. Understanding the tax rules and proper communication with your tax ...

Adult Students and Tax Breaks Study Tips

Higher education can come with some hefty enrollment fees. But learning about your available tax breaks ahead of time will help you keep more money in your pocket as you advance your knowledge. Whether you’re heading back to school ...

Don’t Forget Your Summer Child and Dependent Care Credit

Not many people associate positive things with the word “tax.” Fortunately, the word “credit” is another matter. You need to consider every tax credit possible in order to get the most savings on your return. While you probably will ...

Selling Property to Your Family? Check These Problem Spots

When you have real estate to sell, going to your family members first might seems like a win-win for everyone. They could get a great deal, and you’d be able to stop worrying about property you don’t want anymore. ...

Credit Card for Paying Taxes? Consider This First

Your tax preparation is complete, and now you’re getting ready to figure out your payment plan. If you’re thinking of using your credit card to pay taxes, though, be sure you understand the pros and cons. These details can ...

Assisted Living Tax Deduction Options

When you have a loved one who needs assisted living care, it’s only normal to be considered about the ongoing costs. These services are crucial for maintaining a high quality of life, but they can also be incredibly expensive. ...

Planning for Your Child’s Future—for Retirement!

Investing in our children is a great way to help bring about a better and brighter future for everyone, and we work toward these goals in a variety of ways—from extracurricular activities to emotional support. Of course, teaching our ...

Still Waiting on Your Economic Impact Payment?

In an effort to help Americans withstand the new challenges brought on by the coronavirus pandemic, the CARES Act called on the Internal Revenue Service (IRS) to issue Economic Impact Payments. These payments began going out in April ...

Make the Most of your 2020 Extended Tax Deadlines

While tax planning is crucial every year, 2020 presents some interesting opportunities. For example, the CARES Act is still in the process of sending out stimulus payments. If you have yet to receive yours—and you still haven’t finalized your ...