Tax season is over and now is a perfect time to think about decluttering your finances. This will positively impact your mood, concentration, and overall well-being. While this may sound…
Aspirations
5 Things To Do with Your Refund
You have a refund this year! Wooo Hooo. Extra money to work with. You may be feeling excited and wanting to spend this money on something, but what? Below are…
Haven’t Filed Your Return? Here’s What You Can Do
You haven’t filed your return and you may be feeling anxious. Well don’t panic. The IRS allows you to file an extension which gives you an additional 6 months to…
Green Tax Credits
If you have made the switch to green living, you are in luck because you may be entitled to green tax credits. These credits are nonrefundable which means you will…
It’s IRA Season
This is the time of tax season where people may elect to open or contribute to an individual retirement account (IRA), traditional or Roth, to forgo paying extra taxes to…
Saver’s Credit
You may be entitled to a saver’s tax credit if you make eligible contributions to an IRA or a work retirement plan. You have until April 15th of the current…
Education Credits
There are two types of credits to help with the cost of higher education by reducing the amount of tax owed. You can even receive a refund if the credit…
Family Tax Credits
Credits Vs Deduction Credits affect the amount you owe directly by reducing it or increasing your refund. Some credits will provide a refund even if you do not owe taxes. Deductions…
Expenses for Business Use of Your Home
With working environments changing so much since the pandemic, it’s a good idea to have a refresher on legitimate expenses you can deduct for using your home for a business…
Preparing for Tax Season
It’s tax season. Are you aware of your tax triggers or do you wave your hands dismissively and say it’s just tax season? Discovering what’s behind those triggers will help…