Money Saving Articles

Last-Minute Tax Tips

April is here, and Tax Day is a few weeks away. Since the 15th falls on Saturday this year, we get an extra two days to file or to procrastinate if that is your habit. It’s getting late to do much to reduce your tax burden, but here are a few last-minute tips that might help.   Collect Your Paperwork I can’t stress this enough.

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Getting Ready for Tax Day

Tax Day is looming, and I’m sure many of you are concerned about it. This year the 15th falls on a Saturday, so we have until the 17th to file. Now is the time to start getting organized for filing.   Gather Your Paperwork I have a decorative box on my desk that all my tax-related paperwork goes into during the year. At the end

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5 Productive Ways to Spend Your Tax Refund

With April 15th less than a month away meaning tax season is coming to an end. We know how tempting it will be to put that tax money towards a new set of golf clubs or that purse you’ve always wanted. I mean that’s cooler than putting money in a savings account right? Contrary to popular belief we actually agree, but (there is always a

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Reduce Your Medical Tax Burden the Easy Way

As technology improves medical care, the cost of that care rises. From 2010 through 2013 the cost of medical care for a typical American family of four rose 22 percent. In 2013, the average cost of health care for a typical American family of four totaled $22,030. To put these expenses into perspective, consider the following: American families spend roughly the same amount each year

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5 Smart Ways to Use Your Tax Refund

April 15 is less than a month away and if you’re expecting a sizeable tax refund, it’s tempting to use that money on something fun instead of being responsible. Here are 5 smart ways to use your tax refund that won’t make you kick yourself later.

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7 Changes To Healthcare In 2013

The new year brings new beginnings and resolutions and this year happens to bring some changes to our healthcare system. Find out what has changed and how these updates will affect you and your family. It took Congress only 2,700 pages to write the Patient Protection and Affordable Care Act, also known as ObamaCare. But bureaucrats have generated 13,000 pages in new regulations for its

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Tax Tips for Parents and Students Attending College

Getting ready to go off to college for the year usually brings to mind thoughts of packing the right books, clothes and electronics. It’s an exciting time, but unfortunately, there should be one more thing on your mind: The IRS. You’ll want to be aware in advance of any tax credits and deductions that can help ease the burden of tuition for students or their

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Why I Cashed Out a Mutual Fund and Paid Off My Federal Student Loan

It is very important to perform a little homework before you set out to invest if you don’t want to make the last minute decision of cashing out your mutual fund and wiping out your federal student loan. While there are advantages attached to both and many people can’t find a way out without opting for either one or both of the options, there are

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6 Ways to Use Your Tax Refund

There’s a little over a month left for this tax season and many of have already gotten or are expecting a tax refund. Usually I use my tax withholding as a forced savings account and use the refund to buy myself something nice, like a computer (last year) or a small vacation (2010). Instead of splurging, here are six ways to use your tax refund

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Tax Tips for 2012

It’s that time of year again – tax season. Some people use their tax return as a forced savings account, while others try to avoid giving the government an interest-free loan. Either way, everyone wants to pay as little taxes as they can. Here are some tax tips for 2012.

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