A Quick Guide to Income Tax Deductions

With incomes on the rise, the average American now pays $15,322 in federal income taxes. That’s a huge chunk of change that could otherwise be spent on healthcare, housing, or debt reduction. Thankfully, the U.S. tax code allows taxpayers to take advantage of deductions to reduce their taxable income, and ultimately, their tax bill. Here’s…

Give Thanks the Smart Way: How to Check a Charity is Legit

Give Thanks the Smart Way: How to Check a Charity is Legit

During the holiday season, charitable giving increases. Whether it’s the warm and gooey feeling of helping others or the season of tax write-off prep, either way it’s nice to know that when you’re giving money to an organization they’re going to use it the right way. What’s the right way? Personally, when I give money…