The following article was published by the IRS. The Internal Revenue Service has launched the new Tax Withholding Estimator, an expanded, mobile-friendly online tool designed to make it easier for everyone to have the right amount of tax withheld during the year. The Tax Withholding Estimator replaces the Withholding Calculator, which offered workers a convenient online method for [...]
The decision whether to buy or rent a home is never a black and white one. There are always pros and cons to each choice. What you really need to do is find out which option suits you better for the situation you find yourself in. Making this decision often comes down to three factors: [...]
The following article was published by the IRS. Summer is a season when people have fun, yet get things done. From buying a new house to cleaning their old one, taxpayers who itemize their deductions may be doing things this summer that will affect the tax returns they file next year. The higher standard deduction means fewer taxpayers [...]
Credit is a tool that needs practice to perfect, especially with teenagers. But it's important to expose them to credit young so they know how to use it effectively when they get older. If you find yourself in this situation, here's how to go about it step by step: Start with the "learner's permit" version [...]
The following article was published by the IRS. Educators may be able to deduct unreimbursed expenses on their tax return. This deduction can put money right back in the pockets of eligible teachers and other educators. Here are some things to know about this deduction: Educators can deduct up to $250 of trade or business expenses that were [...]
