Archives for February 2017

Do You Have to Worry About Capital Gains Tax?

When you start digging into the tax code – not something we’d recommend unless you are suffering from severe insomnia – you’ll quickly notice that there are a seemingly endless number of taxes. Fortunately, many of these taxes are highly specialized and don’t affect most people. However, some of these taxes occasionally pop up in […]

Here’s How You Can Grow Your Tax Refund into a Behemoth

Aren’t tax refunds the best? It’s like a little tax refund fairy just dropped a wad of money on your pillow in the middle of the night, letting you finally buy those adorable kid boots you’ve always wanted or take that girl’s weekend to Tahoe your friends have been talking about forever. You know that […]

Can I Claim Head of Household Status After a Divorce?

Divorce is expensive, so anything you can save on your taxes can help you rebuild your new post-divorce life. If your divorce was completed by December 31st of the prior year, then you may be able to take advantage of big tax savings if you meet the IRS’s qualifications as a “head of household.” By […]

What If One Spouse Wants to Sell the House After the Divorce and the Other Doesn’t?

Q: My husband left three years ago and is continuing to pay the mortgage. I want to sell [the house] so I can move, but he doesn’t. He doesn’t have enough money to buy me out or the credit to refinance it on his own. What do I do? ~ Brenda Brenda, we are sorry […]

How to Get the House in Your Name After a Divorce

If you want to keep your house after your divorce, you are taking on a big financial challenge! If you are like most Americans, your mortgage represents your largest monthly expense, and now instead of splitting it between two incomes, you’ll have to find a way to shoulder it all on your own. Still, many […]

Three Tax Scams to Avoid this Tax Season

Not every person listens to their better angels, and unfortunately, there are a lot of people in the world who are dedicated to separating you from your money. Tax season, in particular, is like scam-artist Christmas. The combination of confusing tax forms, fear of the IRS, and juicy tax refunds is just too much for […]

25 Ways to Save Taxes Through Life’s Transitions

Taxes are, unfortunately, a part of every financial decision. Like it or not, Uncle Sam’s greedy fingers reach into your pocket with every paycheck and each dollar of investment earnings.