Understanding your W-2 tax form

I came across some great resources today and thought readers might find this useful.
Understanding your W-2 by William Perez.
There are a ton of links and explanations, including some frequently asked questions. So if the W-2 has ever confused you or you would feel better knowing a bit more about it, be sure to check […]

Keeping track of holiday charitable donations

‘Tis the season for charitable donations. But be sure to keep track of amounts everytime you donate to a worthwhile cause this holiday season, because many contributions are deductable. You will often get a receipt for larger donations, but do keep track of larger ones too, so that you can claim the tax […]

Writing off home office business expenses

Are you remembering to write off your home office expenses when it comes to filing your taxes? If your home office is used regularly and exclusively as the main place of your business, you can deduct many types of home office expenses. But there is a catch… you can ONLY use the space […]

Keeping track of your receipts for tax time

Five months has passed since tax time… how are you doing on the whole keeping track of receipts thing? If it’s not going so well, take the time to revisit because every each Americans lose a significant portion of their tax refund simply because they have lost receipts. And yes, even dumping receipts […]