There is a sharing economy out there that is quite helpful in saving money. I’ve detailed before my own family’s circle of savings in which things like OTC medicines, shampoo, and chicken breasts have crossed state lines in order to save each of us money. When my grandmother flew down to visit us and we […]
I am not a Costco member. Nor do I hold a membership at any of the other warehouse clubs. We used to shop at them when I was a kid, and I loved the products that they had. In my early 20s I went ahead and signed up for a membership, but since it was […]
If you and any of your dependents have had a significant amount of medical expenses over this past tax year, you may be eligible to claim a medical tax deduction. Medical Expense Threshold The Medical Expense deduction is not meant to cover typical taxpayer expenditures from visiting a doctor a few times a year, filling […]
People may think that the mileage tax deduction is only for employer expenses, such as traveling for your own business or using your personal car to travel for an employer. Both of these scenarios make you potentially eligible to claim the mileage tax deduction on your taxes. However, there are several other scenarios where you […]
Now that you can begin to file your taxes, focus immediately shifts to how long it takes to get your tax refund. How Long Can the IRS Hold Your Tax Refund? The short answer to this question is: indefinitely. If, that is, you owe certain kinds of debts. Let’s say you are the type of […]
I didn’t really see the need to figure out the difference between these three health accounts until my husband lost his job. Suddenly, I was quite interested in what was going to happen to the $1200+ or so that was in our Health Reimbursement Accounts. When I learned that we would not have access to […]
Do you have a happy Valentine’s Day memory? Chances are your memory does not stem from the amount of money that someone spent on what they gave you or did for you, but rather the thought, care, and emotion that they put into your gift. Let’s recreate the elements that made that time memorable for […]
There has been a huge change to our household this year that goes far beyond a change in taxes: I quit my day job in January and started working for myself. Though this decision was drastic, I did not make it on my own, nor did I make it with complete disregard to our financial […]
In 2013 there was a huge change to the way that domestic partners are allowed to file their taxes. Prior to this date, the federal government did not recognize domestic partners as being married for either legal or tax purposes. However, some states did recognize domestic partners as being married for legal and tax purposes, […]
My husband and I were in a rut last year. Not a marriage rut, though I am sure over the course of a lifetime together we will have a few of those in our future. But rather a television-routine rut: go to work, come home, turn on the television for background noise while cooking dinner, […]
