Drivers Of Hybrid and Electric Vehicles In Some States Facing Unexpected Tax

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Beginning in 2013, Virginians who drive hybrid vehicles will face a new – and controversial - $64 tax bill. Last month Virginia governor Bob McDonnell signed a gas tax bill that has attracted attention from states around the nation. The new tax … [Read more...]

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Pros and Cons Of Getting a Tax Refund

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Ah, tax time. That special time of year when calculators are out, shoeboxes full of receipts are being sorted, and we’re all wracking our brains to try to come up with just one more deduction. And for many of us law-abiding citizens, once the … [Read more...]

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Appealing Your Property Taxes Can Save You Thousands

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Property taxes can be appealed? Yep. And apparently a lot more of us should be looking into it, because it’s estimated that 40 percent of Americans are overpaying. How is this possible? Well, the short version is that the property taxes asked … [Read more...]

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Unusual But Legitimate Tax Deductions

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We all want to keep as much of our money as we can, rather than send it on to Uncle Sam in the form of taxes. Tax deductions can help you reduce your income, and that means lower taxes. A tax deduction isn’t as valuable as a tax credit (which is … [Read more...]

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Watch Out for the “Dirty Dozen” Tax Scams for 2013

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Every year, the IRS releases its list of the “Dirty Dozen” tax scams. These scams represent the trends in ways that taxes are abused to the benefit of malefactors. It’s important to note that these tax scams include ways that honest consumers … [Read more...]

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The Low-Down on Tax Liens

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In case you’ve been zoning out or just way too busy to pay attention, we’re smack-dab right in the middle of tax reason and the deadline to file is less than a month away (Monday, April 15, 2013). During the past few weeks, our inbox at … [Read more...]

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3 Most Commonly Overlooked Tax Deductions for Recent Grads

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If you're a recent college grad, this may be the first year you're filing taxes. It’s a major rite of passage in your young-professional life, and it’s your chance to recoup some of the money that’s come out of your paycheck the past year. So … [Read more...]

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5 Things to Do to Get Ready for Tax Season

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Though it may be the last thing you want to think about right after the holidays, tax season is right around the corner. And now is the time to take some simple steps that will make your life so much easier when it's time to actually file your taxes. … [Read more...]

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Fiscal Cliff: What Could Happen and What Really Will?

FiscalCliff

So much has been said about the upcoming ‘Fiscal Cliff’ the nation faces—much of it highly politically charged. Most would probably agree that after a bitterly contested campaign season, it’s time to throttle back the rhetoric a little and … [Read more...]

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Mortgage Forgiveness Debt Relief Act Set to Expire in 2013 (VIDEO)

Mortgage Interest Deduction

With the housing market trying hard to pick itself up off the canvas—and seeing positive signs, by the way—a looming deadline is making that market and the homeowners in it nervous. It’s the Mortgage Forgiveness Debt Relief Act of 2007, … [Read more...]

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Unpaid Taxes: Coming Soon to Your Credit Reports?

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Your credit reports and scores can determine whether you get a home mortgage, qualify for an apartment or a car loan, even land certain jobs. They’re hugely important, and the information contained within them can change lives. So the stakes are … [Read more...]

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