[This deduction has been suspended from 2018 to 2025 for nonmilitary taxpayers] If you recently experienced a career change that necessitated relocating to a new city, you could… Read More
With the cost of college tuition increasing an average of 8% each year, it pays to start saving as early on as possible. Section 529 plans, also known as… Read More
Many people regard blogging as a hobby—something that they do in their spare time, for their own personal enjoyment. But if blogging is your profession—an activity that you… Read More
If you’re looking for ways to decrease your tax liability, a good place to start is at work. There are several simple things you can do to cut your… Read More
When going over your finances in any given year, it is not only important to assess your income, but it is also vital to see which types of… Read More
Tax season is swiftly approaching and as you gather together all of your tax forms and receipts, you may be wondering how to claim a dependent on your… Read More
There are many ways through which the elderly can reduce their income taxes. Approximately 13% of the U.S. population is over the age of 65, and a large… Read More
If you’ve been doing your research on tax credits and deductions, some of the sources that you've come across might mention that you’ll want to watch out for… Read More
The 2012 IRS mileage rates (2013 IRS mileage rates) vary depending on whether you are claiming mileage for business travel, moving expenses, charitable work or medical-related traveling. Each… Read More
The price of medical care in the U.S. can run into the thousands of dollars each year for routine care once you factor in the cost of insurance… Read More