Posts Tagged ‘tax deduction’

Your tax bracket does not necessarily equal what you will pay. There’s a reason that people turn to professionals when it comes to their taxes: this stuff is confusing! For instance, you may think that because you are in the 25% tax bracket, that means you pay about 25 percent of your income in taxes…

Look for all possible deductions for your 2015 taxes. With the end of the year drawing closer, its the time to get your 2015 taxes in order. Did you know that there are a few different ways your children and dependents can be a source of tax deduction come April? Who is dependent on you? Every…

Head into tax season stress-free with these tax-reducing tricks. Every year after tax season, people are on a mission to save more on their taxes than they did the year before, and this takes dedication and know-how. Learning the ins and outs of your state’s local tax laws in combination with these tax deduction tricks can help…

Filing taxes can be draining on your wallet. Use these 4 tax write-offs to help save money come April. When filing taxes in April, most Americans just go with the standard IRS deductions. These standards are based on age, income and filing status, and the standards change from year to year. For 2014, the standard deduction…

Knowing the tax law can give you more disposable income. Okay, so just knowing the tax law won’t necessarily get you money. However, if you take the time to figure out your eligibility for different tax breaks and apply them to your life specifically, you can increase your disposable income and have more money in…