What are Tax Write Offs and How Can They Help You?

The information in this article is up to date for tax year 2024 (returns filed in 2025). Want to know what are tax write offs and how they work to save you money? Tax write-offs, also known as tax...

IRA vs. 401(k): What’s the Difference?

Retirement investing has significant tax benefits and financial implications now and in the future. That’s why it’s important to understand your options.  IRAs and 401(k)s are popular...

Do You Have to Pay Taxes on Sports Betting?

Are you betting on the Super Bowl this year? If so, you're not alone. Sports betting is now legal in 38 states plus Washington D.C., and with the rise of legal sports betting sweeping the nation,...

HSA vs. FSA: Which Offers the Best Tax Advantages?

FSAs and HSAs are tax-advantaged accounts that offer savings on health costs. Each works a little differently, with pros and cons, and has varying eligibility requirements.  Below, we’ll break...

How to Save Money When Online Grocery Shopping

A good alternative to wandering the aisles at your local supermarket is to buy your groceries online. While you do have to be mindful of delivery fees and slightly higher prices, online grocery...
How to Get a Copy of Your Tax Return

How to Get a Copy of Your Tax Return

Did you know it is important to keep copies of your tax returns? Why do you need a copy of your tax return? All taxpayers have three years to amend their tax returns, which means you will want to keep those records for at least that long. Retaining your tax returns can also simplify...

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6 Smart Ways to Spend Your Tax Refund

6 Smart Ways to Spend Your Tax Refund

If you are like most people, you are expecting a hefty tax refund from the IRS. With the average refund being thousands of dollars, there will soon be a lot of money sloshing around the economy. If you are one of those lucky taxpayers, you are probably already thinking of things to...

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Do You Want to Pay as Little Taxes as Possible?

Do You Want to Pay as Little Taxes as Possible?

It’s super ez! Virginia’s just ramped up it’s Standard Deduction. This year, Virginia residents are in luck. Filers can save a lot more money because the standard deduction amount for the State of Virginia has almost DOUBLED.  And, as you may already know, one of the ez-est ways to...

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Important Steps to Take Before You File Your Taxes

Important Steps to Take Before You File Your Taxes

It's almost time to start doing your taxes.  To ensure things go smoothly, there are some important steps you need to take before you file.   Gather your receipts and tax documents You can expect your W2s, most 1099s and 1098 forms to arrive by January 31st.  If you plan to itemize,...

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Top 4 Reasons to Join a 401(K) Plan

Top 4 Reasons to Join a 401(K) Plan

A 401(k) is one of the best ways to build your nest egg for retirement.  Employees who sign up can have a portion of each paycheck automatically withdrawn and invested.  Some employers even offer to match your contributions up to a certain amount.  If you aren’t...

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Here’s How To Avoid IRS Text Message Scams

Here’s How To Avoid IRS Text Message Scams

Here is a video tax tip from the IRS: Here's How To Avoid IRS Text Message Scams  English | Spanish | ASL Subscribe today: The IRS YouTube channels provide short, informative videos on various tax related topics in English, Spanish and ASL. www.youtube.com/@irsvideos...

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