Taxes

How Tax Reform Changed Deducting Unreimbursed Job Expenses

If you typically deduct unreimbursed job expenses as an employee, get prepared for a change this tax season. All unreimbursed job expenses for traditional employees are no longer tax deductible. Here’s a breakdown of how that tax reform chan…

What are Capital Gains Taxes?

You’ve heard the term capital gains tax (CGT). But what is that exactly?
Is that something you pay?
If so, when?
Whenever you sell something – a house, car, company stock, or even gold or silver coins – you typically either make or lo…

Tax Relief Extended to Victims of Hurricane Florence

The IRS is offering victims of Hurricane Florence tax relief. If you are located in an area designated by the Federal Emergency Management Agency as qualifying for individual assistance, you now have until Jan. 31, 2019 to file certain individual and b…

Form 1099-MISC vs. Form 1099-K: What’s the Difference?

At the beginning of every tax season, you receive informational tax forms in the mail from your places of employment, financial institutions and all other organizations you did business with throughout the year that the Internal Revenue Service wants t…

Quick Ways to Cut Your Spending That You Overlooked

Need to save some cash? Want to cut your spending?
While it’s natural to first consider cutting back your large monthly expenses, sometimes, it’s the small ones that add up. Here are a few small and easy ways to cut your spending each mont…

What Families Need to Know About Tax Reform

Tax reform impacts the tax outcome for many Americans – including families. Fortunately, however, many of the changes can potentially boost the tax savings for busy moms and dads.
Learn how the new laws could impact your tax situation if you&rsqu…