Financial Planning

How to File Missouri State Taxes for Free

How to File Missouri State Taxes for Free

If you live in Missouri, you can get your taxes prepared and filed for free. The Missouri Department of Revenue contracted with some tax-preparation software providers to give ...

As a First Time Home Buyer, What Can I Deduct From Taxes?

As a First Time Home Buyer, What Can I Deduct From Taxes?

Homeowners get to enjoy a variety of tax breaks on housing costs, including mortgage interest payments, points, mortgage insurance premiums and real estate taxes. There aren't any ...

Can You Claim Mortgage Interest on Taxes?

Can You Claim Mortgage Interest on Taxes?

Interest paid on home mortgages can be a sizable deduction for many taxpayers. Only the interest paid on qualifying loans for qualified homes are tax-deductible. To claim the ...

Can You Buy & Sell Gold Tax Free?

Can You Buy & Sell Gold Tax Free?

People have been mining, saving, buying and selling gold for millennia, and as a physical store of value the shiny yellow metal still holds a strong appeal. The cost of storing ...

What to Charge Per Form for Tax Preparation?

What to Charge Per Form for Tax Preparation?

With the complexity of the tax code increasing with every passing year, tax preparation has become a booming business. Many people need help to file their taxes and make sure they ...

How Much Money Do You Get on a Tax Return When You Donate Your Car?

How Much Money Do You Get on a Tax Return When You Donate Your Car?

The Internal Revenue Service allows a tax deduction for individuals who donate qualified vehicles to qualified charitable organizations. A qualified vehicle is a motor vehicle ...

Bankruptcy & Property Taxes

Bankruptcy & Property Taxes

Bankruptcy eases the filer’s debt burden, but in most cases it doesn’t offer much in the way of tax relief. This holds true whether you file for Chapter 7 or Chapter ...

What Papers Do I Need for a Tax Return?

What Papers Do I Need for a Tax Return?

Income tax laws change every year and there are so many potential income tax deductions and credits that it makes sense to keep all of the documents you might need in an expanding ...

Can You Deduct Stolen Property on Your Income Taxes?

Can You Deduct Stolen Property on Your Income Taxes?

The Internal Revenue Code contains a deduction for losses due to your property being stolen during the year. Though the thresholds for claiming a loss are high, if you've been the ...

What Items Do I Need to Bring When Going to See My Tax Preparer?

What Items Do I Need to Bring When Going to See My Tax Preparer?

Your tax preparer can help you file correctly and take all the deductions and credits you are entitled to, but only if you provide the correct documentation. To get the best ...

How to Locate Lost US Treasury Bonds

How to Locate Lost US Treasury Bonds

It was common years ago for family members to give savings bonds as gifts to children to help build a college fund or prepare financially for adulthood. Additionally, children in ...

How to File Late Tax Returns in Canada

How to File Late Tax Returns in Canada

The deadline for filing a tax return in Canada is April 30. If you do not have a balance owing on your tax return, there are no penalties for filing late; however, filing late may ...

After I Do My Taxes How Fast Can I Get Them Back?

After I Do My Taxes How Fast Can I Get Them Back?

If you had too much federal income tax withheld from your paychecks during the year, the Internal Revenue Service owes you a refund. For some people, this refund represents a ...

Basic Stock Market Facts for Beginners

Basic Stock Market Facts for Beginners

The stock market can be daunting for the beginning investor. There are thousands of stocks and a huge amount of information distributed by the financial media and Internet. There ...

Michigan Cities with Local Income Taxes

Michigan Cities with Local Income Taxes

Several Michigan cities impose a local income tax on residents and non-residents. People who live within these cities are charged a resident local income tax that is withheld from ...

Taxes When Selling & Buying a House

Taxes When Selling & Buying a House

When you buy or sell a house, you must pay property tax on the real estate for the time that you actually owned the home. As a result, property taxes on a residence are split ...

When Will I Receive My Federal Income Tax Check?

When Will I Receive My Federal Income Tax Check?

You have several options for filing and receiving refunds on current year federal returns. If you're due a federal tax refund, the length of time you'll have to wait to receive ...