Category: Do Your Own Taxes

Divorce and Taxes: 11 Questions You Need Answered

If you’re in the middle of a divorce or have just come through the other side, income taxes can be very confusing and sometimes contentious … especially when there are children in the mix. And if you haven’t had to deal with a tax return in the past (other than signing your name), it can...

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Beware the Nanny Tax!

What’s my risk? Consider this very common scenario: You have a nanny that you and your kids love, and she works for you until the kids start all-day kindergarten. Now out of a job, the nanny files for unemployment, and lists you as her former employer.That sets off alarm bells at the state unemployment office,...

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Your Refund May Be Late

If you were planning to use your tax refund to pay off holiday credit card bills, you may need to come up with a different plan. Thanks to a new tax law, your refund may be delayed … even if you file on day one. While we can start filing our tax returns on January...

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7 Things to do Before 2017: Your Year-End Financial Checklist

With everything spinning around in your head, it’s easy to overlook these crucial year-end financial tasks. Skipping them can cost you and your family money – sometimes a lot of money. So sit down, take a look, and cross these off your financial to-do list today, before it’s too late. Spend every cent in your...

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Beware the Latest IRS Impersonation Scams

“This is the IRS. Records show that you owe a $1,556 tax debt, that must be paid immediately or you could go to court or jail. For your convenience, you can send the funds on an iTunes gift card to this address…” If you’ve gotten a call like that, you’ve been the target of an...

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An Open Letter to Our Representatives: Please don't raise taxes for single moms!

An Open Letter to Senator Mike Crapo (Chairman) and Senator Robert P. Casey, Jr. (Ranking Member) of the Senate Subcommittee on Taxation and IRS Oversight, and Congressman Kevin Brady, Chairman of the House Ways and Means Committee Please don’t raise taxes for single moms! As a single mom, I worry about money from the moment...

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