How Does Inflation Impact Taxes?

How Does Inflation Impact Taxes?

We don’t want to over-inflate a balloon because it will pop.  It’s simply too much pressure. This law of physics expands to more than just balloons. Inflation applies to taxes too. Every year the IRS adjusts the tax brackets to ease the pressure of (over)inflation and...
7 Smart Ways to Spend Your Tax Refund

7 Smart Ways to Spend Your Tax Refund

Assuming you’re like most taxpayers, you’ll be getting a refund in the neighborhood of $2,000 soon. And tempting as it may be to spend it all at once, you’ll be better off taking time to think about where you want your money to go.  Spending your tax refund wisely can...