In 4 Foreclosure Scams to Watch Out For we discussed some of the most prevalent foreclosure scams out there. But how are you supposed to avoid these scams, especially since at the time when you are being approached you are most likely feeling vulnerable and extremely eager to get out of your present situation? Below [...]
When you file your taxes, you are going to notice that there is a figure known as you adjusted gross income or AGI. Knowing what the adjusted gross income definition is, and how it impacts your taxes, is important toward filing an accurate return and getting all the money back that you are potentially entitled [...]
What is the Adoption Credit? If you adopted a child recently, you may be able to claim a refundable tax credit for qualified expenses related to the adoption. The tax adoption credit may be worth up to $13,360 for 2011. What Expenses Qualify? Qualified expenses include: Reasonable and necessary adoption fees Court costs Attorney fees Traveling [...]
Each quarter I put together a list of the 5% cash back on rotating categories. However, I find that there’s something missing from just looking at the current quarter. For example, what if you know you want to make a big purchase (a big home improvement purchase, airline tickets, a large electronics purchase…), but you [...]
Are you getting ready to file your taxes? If so, you might find yourself needing a slight refresher on how tax brackets work. The US tax system is based on a progressive rate structure – the more income you make, the higher tax rate you pay. But contrary to popular belief, you do NOT pay [...]
