The following article was published by the IRS. The Internal Revenue Service is reminding eligible employees that now is the time to begin planning to take full advantage of their employer’s health flexible spending arrangement (FSA) during 2019. FSAs provide employees a way to use tax-free dollars to pay medical expenses not covered by other health [...]
[youtube https://www.youtube.com/watch?v=DSp01TFJVA8] It’s really amazing how so many people handle their finances with discipline for most of the year, only to let things completely fall apart when the holidays arrive. Part of the reason is that we spend a lot more time in stores during these months. During the holidays, shopping becomes almost recreational, where you [...]
The following article was published by the IRS. Certain U.S. citizens or resident aliens, specifically contractors or employees of contractors supporting the U.S. Armed Forces in designated combat zones, may now qualify for the foreign earned income exclusion. The Bipartisan Budget Act of 2018, enacted in February, changed the tax home requirement for eligible taxpayers, enabling [...]
[youtube https://www.youtube.com/watch?v=o0tGWdJz0jE]Looking for a job is a job in and of itself. But as we age, it is often assumed that finding a job gets even harder. This may be true if you are trying to complete with a younger demographic looking for a job with the same criteria. But what if retirees, or those close [...]
The following article was published by the IRS. Taxpayers who support older dependents should head over to the Withholding Calculator on IRS.gov and do a “paycheck checkup” ASAP. They can use the calculator to make sure they are having their employers are withhold the right amount of tax from their paychecks this year. The Tax Cuts [...]