The Daily Deduction Page 7

Pre-tax deductions from your pay and various contributions can be a definite benefit to lower your tax liability, and we have some bright ideas on how to get it done before the end of the year. Your t…

Each year, there are new tax law changes that affect your federal tax bracket. These changes to the tax code could impact the rates that apply to your situation. Here's a quick breakdown of the most i…

The IRS will collect penalties through your tax return if you do not take action. To find out more, make sure you’re covered for 2015. There are just ten days left in the open enrollment period. If yo…

In this season of giving thanks, we want to show our appreciation for you and the taxes that fund the programs, departments, and the liberties that we have each and every day. So here it is for your h…

During this tax season, the consequences of not having health insurance will start to kick in.  Those that may be expecting a refund, but were uninsured for a portion of the year may see less of that …

For military servicemembers and veterans, taxes shouldn't be another hardship to endure. If you are a military service member, you may qualify for several tax breaks and deductions.  Tax Benefits Whil…

Although talks of recession recovery have cast a positive light on the economy, the cost of consumer goods, services, and living expenses still continues to edge out take-home pay.  We seem to live in…

You can’t avoid it. Pumpkin Spice EVERYTHING has been in your local coffee shops, all over your grocer’s deli, in your candle warmers, all over your Facebook feed, and even in your makeup! Fall is in …

First and foremost, it’s not always a bad thing to be in a higher tax bracket. It means you made more money. It’s better to make more money that you can put away in interest bearing accounts, even if …