Tax Law Changes: Energy Tax Credit

by | Tax Issues

Did you decide to Go Green in 2011? If you made energy savings improvements to your primary residence during the 2011 tax year, you may be eligible to take advantage of tax credits. These credits are designed to help homeowners recover some or all, of the purchase...

Higher Education and Tax Savings

by | Tax Issues

Did you know that paying for higher education costs could lower your federal income taxes? For 2011, several changes have been made to the IRS tax code, making it not only easier to attend college, but for parents to take advantage of much needed tax savings. 529...

7 Apps to Help You with Your Taxes

by | Software Reviews, Tax Issues

Filing taxes can be a complicated matter, whether it’s trying to understand the terms or figuring out the forms.  You may not know what to include in your deductions or how to count a donation.  You may be concerned about the changes in the tax laws since last year,...

Children Tax Credit

by | General Finance

Do you have children? Did you know that you may be eligible to take advantage of certain tax credits just for having children? Tax credits reduce the amount of federal income tax a filer owed dollar for dollar. These savings offer much needed financial relief for...
Investment Fraud – Infographic

Investment Fraud – Infographic

by | Consumer Info, Investing, Scams

This is the second post in our fraud awareness series, earlier this week we talked about how to spot an investment scam. Today we present you with a visual to highlight a few important facts about investment fraud and how to recognize reflags. According to Canadian...

Taxes and Retirement

by | Tax Issues

The funds saved for retirement will be treated uniquely upon withdrawal. If you are nearing, or are in retirement, it is critical that you understand how your retirement nest egg will be treated from a tax perspective. Retirement Income- 1099R Income received will be...