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What is a Health Savings Account (HSA)?
A Health Savings Account (HSA) is a convenient way to store funds specifically for medical expenses. If you qualify for an HSA, you will get to enjoy a few tax…
7 Things to Know Before Taking a Work From Home Tax Deduction
Working from home is great, but it often comes with surprise expenses. Here are 11 tax deductions you canât afford to overlook. This was originally published on The Penny Hoarder,…
Why You Should Not Buy a Credit Privacy Number (CPN)
If you’re looking to repair your credit, you may have come across websites that advertise a credit privacy number, credit protection number or CPN. These numbers are nine digits like…
2019 Tax Tips for Understanding 2020 Income Tax Filing
Note: Due to the COVID-19 coronavirus pandemic, the IRS has extended the federal tax filing and payment deadline to July 15, 2020. The recent relief package passed by Congress may…
How to Avoid Paying Taxes on Inherited Property
Inheriting a home or other property can increase the value of your estate but it can also result in tax consequences. If the property you inherit has appreciated in value…
“Get My Payment” Stimulus Check Status Tool Updated By The IRS
The IRS "Get My Payment" tool allows people to check the status of their stimulus check payment, or enter direct deposit information. After updates, now it's working. The post “Get…
The Highest Paying Trade Jobs On the Market
Pursuing a four-year degree or higher isnât for everyone. If you fall into that group, it doesnât mean you canât get a high-paying job. There are a surprising number of…
529 Plans: A Complete Guide to Funding Future Education
529 plans are tax-advantaged accounts meant to fund your kids' educations. This article covers all 529 plan details, from basic to complex.
Traditional And Roth IRA Contribution Limits Announced
The contribution limits for the Roth IRA and Traditional IRA were just announced. Here's what IRS limits are for the upcoming year. The post Traditional And Roth IRA Contribution Limits…