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child tax tips

3 Child Tax Tips Everyone Should Know

Whether you’re a parent, grandparent, or just know someone who’s getting ready to welcome a new baby, there are a few general tax tips that everyone should be aware of. The more you know, the more you can save! Improving ...

tax advice for the new year

Tax Advice to Kick Off the New Year

Planning a New Year’s Resolution around your finances can be a great way to stay on track for all types of goals. You might be planning ahead for retirement and eager to reach certain milestones. Or maybe you’ve got a ...

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 ...

Municipal Bonds for Tax-Free Interest Income

Consider Municipal Bonds for Tax-Free Interest Income

Depending on your individual financial goals and risk tolerance, municipal bonds can be a great choice for generating tax-free interest income. You just need to know some of the pros and cons to help determine whether it’s worth pursuing. What ...

two accountants look at tax deductions

Will Your Tax Deductions Be Audit-Proof?

The IRS has been making it known that they’ll be increasing their review of upcoming tax returns. You don’t want to be caught on the wrong side. Doing a little due diligence can help ensure that you’ll be in the ...

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 ...