Whichever learning style suits you, learning more about taxes will help you save money in the long run.
Paying estimated taxes based on previous year’s tax is the easiest. Estimate your income and taxes only when you have a large drop in income.
Stop paying $200 to file your taxes just to receive Earned Income Tax Credit and Child Tax Credit. Here’s how to do it for free with TurboTax.
If you receive EITC or the ACA subsidy, you should contribute to the Traditional 401k, not to the Roth 401k.
When you are a resident of California or New Jersey, having an HSA and especially investing in the HSA require extra tax reporting. Here’s how to do it.
A solo 401k is still a 401k. Know all the rules and keep it as simple as possible.
Do you taxes by the book. It’s the law and it’s the right thing to do. Say no to aggressive tax tactics even though you may get away.
Prepaying property tax is deductible in 2017 only if the tax is already assessed.
Making mortgage payment due on Jan. 1 in December will lower your taxes if you will switch from itemizing to the standard deduction.
Losing the state income tax and property tax deductions isn’t a big deal even for someone with a high income in a Blue State.
HSA contribution limit gets more complicated when a married couple are on different health plans or when they change insurance plans during the year.
A graphical illustration for what happens when you recharacterize an IRA contribution or conversion.