Cryptocurrency and Taxes: A Starter Guide

As the 10th anniversary of Bitcoin passes by, murky waters continue to cloud the crypto seascape. Skeptics, supporters and talking heads alike have tabled the same questions that arose when cryptocurrency cannonballed into the public discourse in 2009: How exactly does it work? How can we ensure its security? Which cryptocurrency might emerge as the … Read moreCryptocurrency and Taxes: A Starter Guide

5 Ways to Cut Your Tax Bill in Retirement

Retirement is the time to enjoy the fruits of many years of laboring away at a job. However, if you aren’t careful, Uncle Sam can reach in and pluck away your hard-earned savings bit by bit, year after year. When the tax man cometh during your working years, it’s annoying. But it is even worse … Read more5 Ways to Cut Your Tax Bill in Retirement

4 Ways to File Your Taxes for Free

4 Ways to File Your Taxes for Free Morning, hustlers! Anyone already file their taxes and feeling good about it? Yeah, me neither 😉 But I have started putting all the paperwork in one neat pile, if that count for anything?! Haha… The good news though is that there are a handful of *free* places … Read more4 Ways to File Your Taxes for Free

Tax Hacks 2019: Avoid These Tax Scams

Taxes strike fear in the hearts of millions. That anxiety makes some people lose their heads and do things like hand out personal information to strangers claiming to be from the Internal Revenue Service. We’ve uncovered some of the most common tricks scammers use. Keep your eyes peeled so you can avoid these attempts to … Read moreTax Hacks 2019: Avoid These Tax Scams

Most Eligible Households Miss Out on This Retirement Tax Credit

Tax season officially started on Monday. And as in years past, millions of taxpayers likely will miss the opportunity to slash their tax bill by up to $2,000 to $4,000 simply because they overlook a little-known federal tax break. According to the IRS, the Saver’s Credit is worth 10 percent, 20 percent or even 50 … Read moreMost Eligible Households Miss Out on This Retirement Tax Credit

Tax Hacks 2019: 6 Missteps That Will Get You Audited

Nobody wants an IRS tax agent knocking at the door and asking for a shoebox full of receipts. Unfortunately, there’s no surefire way to avoid an audit of your tax returns. However, you can sharply reduce the odds of an IRS inquiry by avoiding some common mistakes when filing your taxes. Here are seven that … Read moreTax Hacks 2019: 6 Missteps That Will Get You Audited

Above the Line Deductions You Can Take Without Itemizing Your Taxes

The Tax Cuts and Jobs Act passed at the end of 2017 will have a big impact on this year’s tax filing season — including some big changes to so-called “above the line” deductions that can lower your tax bill. Most common tax deductions, such as those for charitable donations or mortgage interest, are only … Read moreAbove the Line Deductions You Can Take Without Itemizing Your Taxes