Many people think that they know everything that they have to pay taxes on. However, today we are here to show you five surprising things that are taxable that you were more than likely unaware of. Buried Treasure – Let us say you find some gold coins or you purchase something from a thrift store
How to Decrease Your Tax Bill by the End of the Year
While it is true that the end of the year is going to be here in less than two weeks there is still time for you to make some changes to decrease your tax bill. Today, we are covering how to decrease your tax bill by the end of the year. Give Securities to Charity You may have enjoyed doing the
Tax Breaks for Recent College Grads
If you have recently graduated from college, you are probably concerned about your taxes. The good news is there are some tax breaks available for recent college graduates and today we will be covering them in this article. Moving Expenses If you were fortunate to land a new job out of college yet
What to Do If Your Tax Refund is Stolen
It is common for taxpayers to spend time preparing their returns, and then when it is time for them to file them they are informed that someone has already filed under their names. Alternatively, taxpayers file their taxes and the check never shows up to their home. This can cause even more stress
Why Should You E-File?
Majority of taxpayers prefer to file their taxes electronically. However, there are still about 20% of taxpayers who prefer to stick to the old way and paper file their returns. E filing was introduced for a reason. Today, this article is going to discuss why taxpayers should be e filing and not
Are Credit Card Rewards Considered Taxable Income?
If you have a rewards credit card, you are probably thinking that you are receiving free money. However, this is not always the case. The IRS considered credit card rewards to be either an award or a rebate, which is how they determine whether they will be considered as taxable income. Credit Card
How Bankruptcy Affects You During Tax Season
If you have filed bankruptcy, you know that it is a tough decision, and it can be complex. However, what many people do not think about before filing bankruptcy is how it is going to affect them during tax season. Therefore, today we are covering the subject. Bankruptcy and Taxes Usually, when
3 Awesome Ways to Spend Your Tax Refund
When tax season comes around, taxpayers look forward to receiving their tax refunds so they can blow through the money as quickly as possible. However, this year when you receive your tax refunds consider doing something awesome. Today, we are discussing three awesome ways to spend your tax