If you’re owed a refund, nothing beats filing your taxes and waiting for that refund. During the 10 days you’re waiting for your deposit, you’ll likely think of several things you can do with the extra money. What a nice problem to have, especially if you have a few thousand dollars coming back to you.… Continue Reading
Category Archives: Taxes
Smart Things to Do With Your Tax Refund
Each year, the average American family receives a tax refund of about $3,000. Remember that’s just an average. Some people will receive more than that and others less. No matter how you look at, if you do receive the average tax refund of $3,000 you have an opportunity to improve your finances. You can start… Continue Reading
2013 Federal Income Tax Brackets
When Congress passed the American Taxpayer Relief Act of 2012, which prevented the country from going over the fiscal cliff, there were some minor changes made to the 2013 federal income tax brackets. Related: What the Fiscal Cliff Tax Changes Mean to You In a nutshell, if your income is under $400,000 per year then… Continue Reading
What the Fiscal Cliff Tax Changes Mean to You
Will your taxes go up or down in 2013? So our dysfunctional government managed to somehow come together and pass the American Taxpayer Relief Act of 2012, which will prevent us from sailing over the fiscal cliff like Thelma and Louise. At least for now. There are still plenty of budget issues to address as… Continue Reading
When You Should Adjust Your W-4 Tax Withholding
When you start a new job, you are usually handed a giant stack of forms to fill out. Buried somewhere in that massive pile of paper is the IRS W-4 form. Your tax withholding is based on how many allowances you claim on the W-4, as well as whether or not you choose to have… Continue Reading
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