For many foster parents, tax time may be slightly confusing. This is because while you are responsible for the care and well-being of your foster children, the same credits and deductions...
After retiring, medical expenses can mount. Without the benefits of health insurance, a health savings account or HSA can reimburse you for a variety of qualified medical expenses...
My rich uncle would say, Even if I purchased my daughter a $1M home, she would still not be able to afford it because of the real estate tax. Unfortunately, one of the most overlooked...
Getting ready for retirement is an important part of life. We do not live in a society where it is possible to just stop working when we get older and have everything taken care of....
Going to college can be expensive. There are a lot of things to pay for, such as your tuition, fees, some place to stay and eat, and supplies. With the rising cost of college going...
Back taxes are a thing that no one wants to deal with. Whether you are a business owner or an individual who has failed to pay off your taxes from previous years, it is...
For a number of individual taxpayers who find they owe the IRS, the tax bill might be more than they can afford to pay by the annual tax deadline. Even if you cannot afford your tax...
It can be difficult enough to pay a tax debt, but once penalties are added, the cost can be even higher. However, the IRS provides an option to avoid the additional debt of penalties....
Posted by Brian Walsh EA on 03/19/2016
Contributing to a health savings account or HSA before you retire can provide various benefits after you turn 65. These plans typically cover just qualified medical expenses, which...