A Winning Tax Planning Strategy Doesn’t Have a Big Tax Refund
Every year, as the calendar pages flip toward April, a certain buzz fills the air. It’s not just the promise of spring but the anticipation of tax refunds. There’s a common belief, almost a financial folklore, that getting a big tax refund is akin to hitting a mini jackpot. But here’s a hot take from […]
Simple Ways to Prepare for Tax Filing
Shockingly, we haven’t yet written a post on how to prepare for filing your taxes! We know taxes aren’t the most exciting topic, but they are a crucial part of your financial health. Now is a great time to get organized ahead of tax time. Whether you do your taxes yourself or pay a professional […]
A Secret Wealth Builder: Health Savings Accounts
When people think about building a nice nest egg, creating a Health Savings Account is not the first thing that comes to mind. I find that a Health Savings Account, or HSA, is often an afterthought for a lot of people — if you’ve even heard about it. But an HSA is a really valuable […]
A Guide to Understanding Your Paycheck and Withholding Tax
Everyone gets excited about payday. But while depositing money into your account always feels great, trying to understand your paycheck feels… well, confusing—especially when it comes to those little things called withholding tax and claiming allowances. Today, we’re going to demystify these intimidating tax terms and show you how to have more control over the […]
The Joy (and Benefits) of Tax Deductible Donations
The end of the year is coming up, and that usually means giving money to a meaningful cause, donating old clothing, or volunteering for our favorite charity. Along with the joy giving back brings us, there’s also a powerful financial motivator: the ability to lower your income tax bill with tax deductible donations! But before […]