It’s no secret that this year has been tough for everyone. Many people have seen significant changes in their finances through all of this. Whenever you go through major financial changes like suddenly becoming unemployed or getting furloughed, it can leave you with significant changes to your taxes as well. If you aren’t well versed…
If you’re like most people, as you get settled into your career, you start asking yourself the question as to how much you should be stocking away for retirement. As much as this question is asked, you would think that there would be a quick answer to it. However, since everyone has such different financial…
When you get ready to file your taxes, part of filing is choosing your status. This is something that can change and is an important piece of information. It is important that you are choosing the right status when filing your taxes, but if you don’t understand what they are and what the different status’…
There have been several calls for charitable contributions during the last year due to people struggling to stay afloat throughout the crazy year of 2020. Many people have been sharing what they have and thinking that it is all tax deductible at tax season. However, not all charitable contributions are tax deductible. Mecham Dicus &…
As an Uber, Lyft or other rideshare driver, you are well aware that you can deduct many day to day costs from your taxes. This includes mileage, gas and other expenses that add up when you are running your own business. However, there other deductions that you might be missing and should be taking full…
While some people look forward to tax season all year long for the return that they have to look forward to, it isn’t the same for everyone. Some people dread this time of year because they have to be responsible for paying money to the IRS. This year especially, people are feeling a pinch financially…
It’s no secret that this pandemic has thrown a wrench in practically every aspect of our lives. For some Americans, it has been beyond difficult to stay afloat. Apparently, the IRS is having a difficult time keeping up with all of it as well. If you haven’t filed your 2020 taxes yet, have no fear,…
If you have a family, not only is your life enriched by your children, but you can get some help during tax season. If you have dependents that you can claim on your taxes, it can end up saving you thousands of dollars each year. When it comes to dependents, that doesn’t just mean those…
It’s that time of year again, tax season. While it is always a good idea to get your taxes turned in as soon as possible, this year you may especially want to get them turned in soon. By getting your taxes turned in during the month of March, it could put you in a better…
As you embark on the adventure that comes with buying a home, it can be an exciting time. Many people feel they have finally arrived the day they first become homeowners. This can be a big life altering decision that is exciting and overwhelming at the same time. There are several benefits that come from…
