We know that if you want to grow your money for the long term, investing in the stock market makes the most sense. While there is risk involved, taking on little to no risk with bank savings accounts will not allow our money to grow at the rate we need in order to reach certain […]

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When is the Tax Deadline? It’s Not Always April 15

Posted by Madison on February 15, 2017

Update: The 2019 tax deadline is April 15, 2019. The 2019 tax deadline for your 2016 tax return is on April 15, 2019. When is the Tax Deadline Not on April 15? Weekend Days. The tax deadline is extended when the traditional April 15 deadline falls on a Saturday or Sunday. In this case, it […]

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How Long Does it Take to Get Your Tax Refund Back?

Posted by Madison on February 14, 2017

When filing tax returns, the second question everyone asks is “How long does it take to get my tax refund back?” Of course, the first question everyone asks is “How much is my refund?” Tax Refund Direct Deposit versus Mail If you want to get your refund faster, opt for the direct deposit route. Not […]

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IRS Will Delay Tax Refunds if You Claim These Tax Credits

Posted by Madison on February 9, 2017

There is a new delay this year for tax refunds. The delay will apply to 2016 tax returns filed in 2017. This year, the delay is due to a new law, the PATH Act of 2015. The law requires that tax refunds including the earned income tax credit or the additional child tax credits will […]

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2016 Tax Calculator to Project Your Tax Refund

Posted by Madison on January 25, 2017

The 2016 tax calculator is here! Do you want to get an estimate of how much your tax refund will be before you file? We just updated the 2016 tax calculator with the current tax brackets, credits, deductions, and everything else you’ll need to estimate your tax refund before the tax deadline. How to Use […]

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2017 Tax Rates & Historical Tax Brackets

Posted by Madison on August 1, 2016

What do the 2017 tax rates and 2017 tax brackets look like? 2017 tax rates are used to file your 2017 tax return due in 2018. The 2017 income tax brackets will continue to keep the 10%, 15%, 25%, 28%, 33%, 35% and 39.6% tax brackets in place from last year. These are permanent tax […]

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How to File for a Tax Extension

Posted by Amanda on April 18, 2016

Today is the tax deadline. Have you filed your tax return yet? If you are mailing your tax return, it must be postmarked today. If you are efiling with a program like TurboTax, you must submit your electronic return today. But what if you cannot meet the tax deadline? There are certain circumstances when a […]

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5 Ways to Reduce Your Taxes as an Investor

Posted by Don on April 11, 2016

I recently had my tax appointment with my accountant and realized just how much of a tax savings I had because of the smart things I did with my investments. The great thing here is that the things I did to help keep my tax bill low weren’t difficult to do. Ways to Reduce Taxes […]

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Do You Have to Pay Income Tax on Social Security?

Posted by Madison on March 17, 2016

Do you have to pay income tax on social security? How will it impact the taxes on your other income from interest and dividends? Whether or not your social security benefits are taxable depends on your total income and filing status. In addition, it changes from year to year, so while your social security benefits […]

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Should You Reverse Your Roth IRA Conversion?

Posted by Jill on March 10, 2016

When you file your tax forms, you report contributions to an IRA or Roth IRA. You also report completed conversions (and corresponding tax liability) from one type of account to another. Finally, you can use your tax forms to reverse your Roth IRA conversion by recharacterizing your Roth IRA back to a Traditional IRA. Income […]

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