If you’re trying to sort out your taxes it can be quite easy to lose your head in it all. There’s so much information to try and process it can feel a little like it’s all going in one ear and straight out the other. Learning and understanding the different forms and what information they…
Can I Pay My Taxes In Installments?
When you get your final tax bill for the year, you may find that you still owe money. If you can’t afford to pay this bill in one go then you can put in an application to pay in installments. These applications are generally approved by the IRS if you owe less than $50,000 for…
Are Accelerated Death Benefits Taxable?
At some point in your life, it becomes a good idea to take out a life insurance policy. Everybody should have a life insurance policy to ensure that their loved ones will be supported after they pass away. It is the only way to ensure that your family will be okay once you are gone….
Are Appliances Tax Deductible?
There are many reasons why you might be wondering if your new appliance is tax-deductible. It might be that you’ve replaced an old and inefficient appliance with a renewable energy update, and you wonder if you qualify for tax credits. Or you might be a landlord or business owner, curious if necessary purchases are considered…
Are Wedding Gifts Taxable?
Weddings! They’re a day many of us dream about from a young age and one of the great benefits of the big day, other than declaring your love to your soul mate in front of all your friends and family, are the gifts. If you think you’ve ever spent a long time unwrapping gifts before…
Can You Claim Pets On Taxes?
Most pet owners consider their animal companions to be family members and an integral part of their lives, but claiming taxes for them is certainly not as doable as it is for a child or other person in your household. That being said, there are specific situations wherein it is possible to claim taxes on…
Can A 17 Year Old File Taxes?
There is a common misconception that children under the age of 18 don’t have to pay tax in any form. Sadly for them, this is not the case. If you are a 17 year old and earning money, you should file a tax return, even if you are earning less than the income tax threshold….
Are Travel Expenses Tax Deductible?
Traveling for business is a common aspect of many work environments, and while it can be enjoyable, it often becomes costly. Even a short trip requires transport, accommodation, and navigating an area you might be unfamiliar with. But if the travel is a work necessity, you might be able to benefit from some tax deductions….
Best Investing Podcasts
Podcasts have absolutely skyrocketed in popularity in the last decade. In fact, according to PodcastHosting.org, there are now well over 1.5 billion podcasts available around the world. There seems to be a podcast for pretty much everything these days, and that extends to investing, too. Choosing to listen to investing podcasts is a great way…
How To Tell If You Owe Taxes
Taxes: let’s face it, they’re a headache. Sometimes, life gets in the way, and it can be easy to lose track of what you owe. Not sure if you owe back taxes to the IRS? Keep reading to find out how to determine what you owe and how to pay it. How Will I Know…