Tax Hacks 2018 – Avoid These Tax-Related Scams

[youtube https://www.youtube.com/watch?v=utbA-8dk9Zw] Identity theft is nothing new. Stealing someone’s mail, fraudulently opening a credit card account, and impersonating someone else using their Social Security number are all common run-of-the-mill tactics. Also common is tax-related identity theft. This is usually discovered when someone attempts to file their tax return only to have their return rejected due to [...]

Special Rules Help Many with Disabilities Qualify for Earned Income Tax Credit

The following article was published by the IRS. The Internal Revenue Service wants taxpayers with disabilities and parents of children with disabilities to be aware of the Earned Income Tax Credit (EITC) and correctly claim it if they qualify. The IRS says that many with disabilities miss out on this valuable credit because they do not [...]

How to Recover From a Financial Mistake

[youtube https://www.youtube.com/watch?v=ukRWSpqIuGk]We all know that managing our personal finances can be stressful at best. Add to that loans, credit cards, mortgages, and everyday purchases, and the stress only increases. Financial stress can be a burden to anyone, regardless of age. But the more seasoned one is in dealing with their finances, the more they can manage [...]

Updated 2018 Withholding Tables Now Available; Taxpayers Could See Paycheck Changes by February

The following article was published by the IRS. The Internal Revenue Service recently released Notice 1036, which updates the income-tax withholding tables for 2018 reflecting changes made by the tax reform legislation enacted last month. This is the first in a series of steps that IRS will take to help improve the accuracy of withholding following [...]

How Not to Blow Your Tax Refund

[youtube https://www.youtube.com/watch?v=5DuOZvUfDGk]According to the IRS, the average tax return is approximately $2,800. While this seems like a welcome, sizable gift, it isn’t a gift at all. It’s your money – you are just getting a refund on your overpayment to Uncle Sam. So avoid the urge to blow your hard-earned money and follow these tips to [...]

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