Do I Have to Claim Tips on My Tax Return?
As a server, bartender, or waitress, you might earn most of your income from tips. People can leave tips in many ways, including… READ MORE
Understanding the Mortgage Interest Deduction
This post has been updated for tax year 2018 (returns filed in 2019).
The Mortgage Interest Deduction allows homeowners… READ MORE
7 Ways Children Can Reduce Tax Liability
Part of having a child is accepting the financial commitment to support them. Think about diapers, childcare, … READ MORE
Tax Prep Checklist: Everything You Need to File Your Taxes
If you’d rather do something – anything – other than filing your taxes, remember that the sooner you file,… READ MORE
What’s Your Financial Resolution?
As the new year starts, it’s time to start planning goals. Here are some financial goals you can set for yourself… READ MORE
Do Renters Qualify for a Tax Deduction?
The truth is there is no federal tax deduction for monthly rent – but depending on where you live, you might be able… READ MORE
Tax Facts for Seasonal Workers
A seasonal job could last anywhere from three to eight months, depending on the company, the position, and how long a “season”… READ MORE
The Tax Implications of Your Holiday Bonus
There’s nothing that rewards hard work quite like receiving a generous holiday bonus from your employer. But before… READ MORE
Can You Claim the Earned Income Tax Credit?
The Earned Income Tax Credit (EITC) is a tax credit for low to moderate-income families. If you meet the specific income… READ MORE
Teachers: Can you Deduct Your Out-of-Pocket Classroom Expenses?
As students and teachers head back to the classroom, many educators will dip into their own pockets to pay for school supplies.… READ MORE