We all know the saying: “There are two certainties in life: death and taxes.” Since taxes are one of our largest ongoing expenses, we’re all interested in keeping them as low as possible. Fortunately, the government has created tax breaks in order to incentive citizens to do things it considers valuable to society. For example,…
There are a couple of ways to get out of debt and back on track. It may seem overwhelming, but you can do this! It’s time to budget To start with, make a budget. Total up all your monthly take home pay. Next, subtract all of your expenses. You will want to subtract your housing,…
I’m going to suggest something a little radical for the new year and the new decade, 2020. Instead of focusing on a new year’s resolutions, consider listing the things you are going to stop doing. Ideally, these should be self-sabotaging habits and behaviors that prevent you from achieving your goals. Here are a few ideas…
The standard deduction is the amount of income you get to deduct from your total taxable income. Because the...
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