Tag Archives: tax return

Day After – Money Monday: Do this after filing your 2017 tax return

“Relieved that you won’t have to think about taxes for another year now that you’ve finally submitted your 2017 return or will soon? It’s best not to put taxes on the back burner yet. Instead, take advantage of being in tax mode to make a few moves that can help with next year’s return and improve your finances overall.”

Image from 401kcalculator.org

Read Forbes’ article to find out “Smart Tax Moves After You File Your 2017 Tax Return”.

Money Monday: File your tax return

If your return is fairly simple and you’re up for the challenge, preparing your taxes solo could save you a bit of money. In fact, an estimated 33% of Americans file their own taxes each year, so if you’re ready to join their ranks, here are a few tips for getting through the process.

1. Prepare your return early

2. Figure out whether you’ll be itemizing this year

3. File electronically

Read more about filing your taxes yourself here on CNN’s article: “3 tax-filing tips to make preparing your tax return easier.”

5 Reasons to Amend Your Tax Return

money houseMissed tax deduction? Overlooked tax credit? Get what’s coming to you by amending your return.

Your home is a great source of tax savings if you know what qualifies and don’t forget to claim deductions and credits. If you missed any of these five, you can go back in time — roughly two to three years — by amending your tax return. Continue reading

Don’t Miss these Tax Deductions

upside-downFrom mortgage interest to property tax deductions, here are the tax tips you need to get a jump on your returns.

Owning a home can pay off at tax time.

Take advantage of these homeownership-related tax deductions and strategies to lower your tax bill: Continue reading

9 Easy Mistakes Homeowners Make on Their Taxes

moneyDon’t rouse the IRS or pay more taxes than necessary — know the score on each home tax deduction and credit.

As you calculate your tax returns, be careful not to commit any of these nine home-related tax mistakes, which tax pros say are especially common and can cost you money or draw the IRS to your doorstep. Continue reading