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...
The Biggest Financial Regrets in America

The Biggest Financial Regrets in America

Everyone has made at least one financial decision they wish they could take back.  Whether it’s buying too much house, racking up too much debt or something else.  The good news is you can always bounce back.  Here are the biggest financial regrets in America and how to correct...

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3 Reasons to Opt Out of the Child Tax Credit Payments

3 Reasons to Opt Out of the Child Tax Credit Payments

The IRS will be issuing advance payments of the child tax credit through December.  Eligible families will receive $300 per child aged 5 and under or $250 per child aged 6-17.  While some taxpayers are welcoming the payments with open arms, others rather wait until spring to claim...

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Still Waiting On Your Tax Refund?

Still Waiting On Your Tax Refund?

Still waiting on your tax refund?  Unfortunately, you’re not alone.  According to the National Taxpayer Advocate Service the IRS had a backlog of 35 million unprocessed returns as of last month.   As a result, it’s taking a lot longer than the usual 21 days for taxpayers to receive...

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Getting Your Finances Back on Track After COVID-19

Getting Your Finances Back on Track After COVID-19

2020 was a rough year financially for many people.  Some lost their jobs, saw their hours cut, or were forced to drop out of the workforce temporarily due to childcare issues.  Now that people are getting vaccinated and businesses are reopening, we’re starting to see the light at...

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IRS Announces Dirty Dozen Tax Scams for 2021

IRS Announces Dirty Dozen Tax Scams for 2021

Americans urged to watch out for tax scams during the pandemic WASHINGTON – The Internal Revenue Service today began its “Dirty Dozen” list for 2021 with a warning for taxpayers, tax professionals and financial institutions to be on the lookout for these 12 nefarious schemes and...

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How the American Rescue Plan Will Affect Your 2021 Taxes

How the American Rescue Plan Will Affect Your 2021 Taxes

The American Rescue Plan was created to provide relief to millions of Americans.  It provided stimulus payments, lower health insurance premiums and several tax law changes which will impact your return when you file next year.  Here are some of the big changes heading...

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Understanding the Refund Process

Understanding the Refund Process

Once your tax return has been filed and accepted, it's only a matter of time before you start wondering how long it's going to take to get your money.  According to the IRS website, most refunds are issued within 21 days of acceptance.  However, some refunds are taking...

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6 of the Most In-Demand Jobs Right Now

6 of the Most In-Demand Jobs Right Now

The future is looking bright now that more people are getting vaccinated, and businesses are hiring.  If you’re searching for a new job, LinkedIn recently revealed the most in-demand jobs based on the number of postings on their website.  Here are some positions that made...

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