Tag: taxes

Free Resources to Help Hispanic Entrepreneurs Overcome Most Common Challenges

Ed note: All entrepreneurs and new business people encounter challenges and need to learn new skills to get their business of the ground. But Letty Rodriguez has discovered that Hispanic entrepreneurs encounter some unique obstacles. The good news is that she has some great suggestions to overcome them. Leer en español. In 2010, the US Census […]

Skeletons in Your Tax Closet

Ed note: As we celebrate this scariest holiday, we have one reminder. If you have these tax skeletons in your closet, April 15 might be far more terrifying than Halloween next year. Something taxing this way comes… just in time for Halloween. These are examples of mistakes commonly made with regard to taxes. Now, most people […]

Tax Questions, Answered: Child and Dependent Care Credit

Ed note: Kids – as much as you love them! – are expensive little creatures. Fortunately, the tax code has some nice credits you can take advantage of. However, you must be careful in your calculators. The Tax Institute breaks down one common scenario. Question I will pay $12,000 in day care expenses this year. […]

Health Care Q&A: Who has to have health insurance coverage?

We continue our series on the Affordable Care Act and how it affects you. See all of our Health Care posts for more information.   Who is required to have health insurance?           Probably you. Starting in 2014, most U.S. citizens and residents have to get health insurance to avoid a […]

What a World Series Win Could Mean For A Player’s Tax Bill

Ed note: Wee are still a little World Series crazy around here, as our Kansas City Royals head into another game against the San Francisco Giants. So forgive us for getting a little ahead of things and imagining what would happen to some of our favorite players at tax time if they pull out a […]

World Series: Get that Ball! Or Not.

One souvenir Major League baseball: $16.99 (OK, maybe more like $18.49 with tax in Kansas City.) Snagging a game ball from a foul hit or a toss into the stands: an incredible memory Managing to get a significant ball – say, a walk off home run to win the World Series: a potential windfall Baseball […]

A New Parent’s Guide to Sleep Deprivation [INFOGRAPHIC]

If you, um, just can’t quite, uh, find the right word or figure out – seemingly! – simple problems, and you recently brought home an adorable, EXHAUSTING baby from the hospital, this is the infographic for you. While it won’t help that little one sleep through the night, it might help you find a few new […]

Same-Sex Marriage and Your State Tax Return

Early in October, the Supreme Court denied review of same-sex marriage appeals from three different federal appeals courts: the Tenth Circuit, the Fourth Circuit and the Seventh Circuit. What does that mean? Since the Supreme Court has declined to decide the matters, the decisions of each of the lower courts will stand. That means the […]

Top 10 Tax Tips if You Have a New Baby

Ed note: If you recently had a baby, congratulations! Now I need you to focus for just a minute through that sleep-deprived haze. There are some VERY IMPORTANT tax issues that come along with your new bundle. The good news: most of them mean more credits and deductions for you! Leer en español. 1. Upgrading to […]

Why Should You Use a 401(k)?

Ed note: You can save for retirement. Or buy that new TV right now. Much of financial planning is about keeping your sights on the long game instead of immediate gratification. It’s not easy, but Ben Edwards is here with some great reasons that kind of thinking will pay off. Leer en español. You may […]