Posts Tagged ‘2015 taxes’

With 2016 right around the corner, now is the time to help yourself save on taxes. There are many tax breaks associated with home-ownership, and the best way to maximize these is to move funds before the end of the year. Making a mortgage payment in early January can lower your IRS bill because it includes…

In the second half of the tax estimate tips and tricks, find out how different kinds of deductibles and rates of taxation can affect your return in April. 7. Claim dividend income Form 1099-DIV will determine whether or not your dividends from mutual funds qualify for the 15 percent tax rate or not. To figure…

As 2015 draws to a close, organize yourself to be better prepared for April. A little bit of tax planning can equal a lot of savings, so be sure to get your tax estimate started as quickly as possible using these tips. 1. Use a tax calculator Start estimating your taxes now to assess how…

You worked so hard for your retirement savings, now boost them further! If you have maxed out your 401(k), there are still ways to make contributions to your retirement funds post-tax. The IRS is now allowing those who are eligible to move after-tax contributions from their 401(k) or 403(b) plan to a Roth IRA upon…