This following is a sponsored post by Chase. Smartphones have changed almost every aspect of our day-to-day lives, and banking is no exception. Hectic schedules keep us running between work, school, social obligations and everything in between. Who has time to fit in a trip to the bank in between all of this? Chase has taken note and is revolutionizing the ease of...
According to the Environmental Protection Agency (EPA) (EPA), we spend 90% of our time indoors. Unfortunately, the air we’re breathing at home and work is more polluted than it used to be. Commonly used products, such as new carpeting, pressed wood furniture or cabinets, gas stoves and fireplaces, new electronics, and new paint all emit harmful toxins… 6 Indoor Plants That Can Clean & Purify...
Does waiting in line make you a better person or should you be allowed to pay your way to the front? (Photo: Caiaimage/Martin Barraud) Season 7, Episode 13 This week on Freakonomics Radio: Standing in line represents a particularly sloppy — and frustrating — way for supply and demand to meet. Why haven’t we found a better way to get what we want?...
For beginners, these resources will help you learn the basics of stock market investing. Our investing tools can help you become a better investor. One of my goals at the Dough Roller is to inform and encourage those who have never invested, are new to investing or have invested without giving it much thought. Recently I wrote about helping a close relative to...
Stuck in a rut: If new ideas spread so easily, why is productivity growth slowing? (Photo: Wikimedia Commons) Our latest Freakonomics Radio episode is called “Are We Running Out of Ideas?” (You can subscribe to the podcast at Apple Podcasts or elsewhere, get the RSS feed, or listen via the media player above.) Economists have a hard time explaining why productivity growth has...
Every taxpayer with a filing requirement is allowed a Standard Deduction, which depends on their filing status. The Standard Deduction is the first step in reducing adjusted gross income (Form 1040, line 38) to taxable income (Form 1040, line 43). The other is the Exemption amounts (Form 1040, line 42). But the IRS wants you… Standard Deduction vs. Itemized Tax Deduction – What’s...
Unless you have wealthy parents or are blessed with a full-ride scholarship, your own or your children’s college education is going to be a financial challenge. In-state public colleges cost an average of $24,610 per year, and private universities boast a massive average annual tuition price of $49,320, according to the College Board. College seniors… 6 Education-Related Tax Credits & Deductions for College...
If you have investments and you itemize deductions on Schedule A, you may be able to deduct certain expenses. This can save you thousands come tax time. Importantly, only certain investments qualify. There are plenty of exceptions and the exact value can vary by item and situation. This article will cover: Which investments you can… Investment Expense Tax Deduction – Which Fees Can...
The U.S. Tax Code encourages certain behaviors. You can save on taxes by getting married and having children. It does this by offering certain incentives in the form of tax breaks, deductions, and credits targeted at these areas. Saving for retirement in recognized ways can also generate a tax credit, albeit a nonrefundable one. Nonrefundable credits reduce your tax… Retirement Savings Contribution Credit – Get a Tax...
Finance Xpress
Married Filing Taxes Jointly vs. Married Filing Separately – Which Is Better?
6:20 PM
Generally speaking, your marital status is determined as of December 31 of the tax year. If you were married on or before that date, the IRS considers you married for the entire year. If you are married, you have a decision to make when tax time rolls around: should you file jointly or separately? Choosing a filing… Married Filing Taxes Jointly vs. Married Filing Separately...
