Getting married can change your life in a myriad of ways, and one of those changes will be in how you do your taxes. Much like your marriage itself, your new tax picture can provide many benefits and perks. Things won’t always be sunshine and roses, though. If you’re not careful, getting married and filing … Read more
Home mortgage interest is tax-deductible, but people often have misconceptions about who benefits from this deduction and how helpful it truly is. It’s important to remember that the tax rules recently changed due to the Tax Cuts and Jobs Act, as well. These changes altered the standard deduction, which in turn impacted the mortgage interest … Read more
So you went the DIY route and your tax refund is lower than you expected. Your first step is likely to verify that the information you entered into your tax software is correct. If it is, you may have fallen victim to one of several common scenarios that lead to tax refund surprises. Reasons Why … Read more
Death and taxes may be the only two sure things in life, but you can at least get some wiggle room on your taxes. You can achieve breathing room on your taxes through tax deductions, which let you use certain expenses to lower your income and therefore your tax liability. The concept itself is quite … Read more
