Are you someone who has recently gone through a divorce or are currently going through one? Is your alimony taxable or deductible? Are you confused about the new alimony tax law that was implemented for the tax year 2018? Alimony, also known as spousal support or spousal maintenance, is the money that one spouse pays to the other after their divorce or separation.
How To Do Your Own Taxes – Check Your Options Tax season can be overwhelming, especially if you are doing it for the first time. But don’t worry, you can master how to do your own taxes with ease by following our step-by-step guide. In this post, we will start by identifying if and why you need to file your taxes, followed by choosing the […]
Why Don’t You File Your Taxes Online & Eliminate A Lot Of Stress In today’s fast-paced digital age, convenience and efficiency are paramount in every aspect of our lives. And when it comes to tax season, there’s no exception. Say goodbye to the days of complicated paperwork and long queues at the tax office, because filing taxes online has revolutionized the way we handle our […]
Charitable contributions are a great way to make an impact in the world and give back to the community. However, many people are not aware of the tax benefits that come with charitable donations. In this blog, we will explore everything you need to know about maximizing your charitable contributions. We’ll start by covering the basics of charitable donations, including cash donations and securities. We […]
How To File Taxes Online With Direct Deposit and Get a Speedy Refund Doing your taxes can be intimidating to some extent for many, but thanks to advancements in technology, it has become easier and more convenient than ever before. One method that has gained popularity in recent years is to file taxes online with direct deposit to one of your financial accounts.
Do You Know How To File Your Taxes After Marriage? Getting married is an exciting time in anyone’s life, full of love, joy, and new beginnings. But along with the wedding planning and honeymoon, there’s another important task that newly married couples need to tackle: file taxes. While taxes may not be the most romantic topic, understanding how to file your taxes after marriage is […]
How can you file your taxes electronically? You can file your taxes electronically using online tax filing software, such as EZ Online Taxes. Simply create an account, enter your tax information, and the software will guide you through the process of completing and submitting your form 1040 electronically to the IRS. It’s fast, convenient, and secure.
Do Minors Have to File Taxes? Better Make Sure If you are a parent of a minor, you may be wondering whether your child needs to file taxes. The answer is not straightforward and can be confusing. In this blog post, we will cover everything you need to know about taxes for minors. We will define what constitutes a minor’s income and answer the question, […]
DIY Taxes: Why You Should File Your Own Tax Return Ready to save some serious cash this tax season? Of course, you are! Filing your own taxes is easier than ever and will put more money back in your pocket. Forget paying hundreds of dollars to an accountant or tax prep service. Instead, try the best DIY tax filing service and save. You’ve got this, […]
Come one, come all, freelancers! The new year is upon us, and that means it’s time to start planning how you’re going to crush it in 2023. You have so much talent and so many skills to offer, but to really make this your most successful year yet, it’s important to focus your efforts on the high demand freelance skills areas that are in the […]
Knowing how to plan for retirement is very important. Equally important, is starting to save as early as possible and being consistent. By setting aside a portion of your income and exploring various retirement savings options, you can ensure a comfortable future. Remember, the key is to start now and stay committed to your savings goals. Happy retirement planning!
Are you a homeowner or real estate investor who wants to maximize your tax deductions? Then understanding the Schedule A Real Estate Tax Deduction is crucial. But with the recent changes in tax law, specifically the SALT Cap, it can be a bit tricky. In this blog post, we will take you on a journey of understanding how you can navigate these changes and still […]
Get ready to put more money back in your pocket with ways to lower your taxes for 2023! The IRS just announced some exciting new tax credits that you may qualify for to reduce your tax burden this year. Whether you’re a homeowner, have kids, or invested in energy-efficient home improvements, these 2023 new tax credits are for you.
How Do You Make a Budget – Budgeting Made Easy Are you wondering how do you make a budget? Creating a budget can be a difficult task, especially when you have no idea where to start. But with the right tools and the right strategy, it doesn’t have to be overwhelming.
You’ve worked hard your whole life, saved diligently for retirement, and now own your home free and clear. Why not tap into your home’s equity with a HELOC in retirement to fund your golden years? A home equity line of credit for retirees lets you borrow money using the equity in your home as collateral. A home equity loan is another option.