Money Today That Matters Tomorrow
The Child Tax Credit (CTC) has seen some key updates enacted as part of the “One Big Beautiful Bill Act.” As of the 2025 tax year (filed in 2026) and going forward, the credit is structured to be claimed when filing your tax return, transitioning away from the advance, fully …
As part of bush-era tax cuts extension legislation (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010), a number of new tax breaks were made available. One was a temporary one year cut in employee payroll taxes, which funds Social Security and Medicare, of 2% during 2011. The …
[Update – No New Taxes with Tax Extensions Approved] President Obama has now signed into law a bill that covers a temporary extension of all the bush-era tax cuts. The new bill also contains extensions to some of the 2008 stimulus tax breaks, and even has some new tax cuts. With …
Tax season is almost here and it’s important to think about your tax minimization and management strategies so that you save when filing. I will be publishing more tax related posts over the next few weeks (subscribe), but in the meantime here is a cool Tax Infographic with some interesting …
In addition to keeping the current tax rates for all Americans, President Obama announced a compromise plan with the Republican leadership that would extend aid for the long-term unemployed for another 13 months. Other taxes that will be implemented or remain unchanged as part of the compromise include: The payroll …
With another holiday season upon us, it’s not too soon to start planning your gift buying budget. Since last year, the economy has changed, many well-known retailers are no longer in business, and it’s likely that those who still have jobs may not find a holiday bonus in their company …
As the year draws to a close it’s always a good idea to review your tax situation and in light of that we have put together a collection of fifteen tax deductions worth considering to lower your overall tax bill. But act soon, because if you wait until next year …
Not everyone is eligible for the long list of discounts that insurance companies offer. But there are some discounts that almost every driver can get. Here are six car insurance discounts you should already have or be trying to get. Multi-Vehicle Discount If you have multiple cars or share a …
It’s hard to believe than another holiday season is upon us. With all good intentions, most of us will make a promise to ourselves that we will shop early and shop smart. But unfortunately, in most cases, life’s routines and little emergencies usually force us to shop at the last …
After lots of money printing and pandemic relief stimulus payments (free money) by the Government over the last few years, things are starting to look more bleak with high inflation, global conflict and rising energy prices. All these portend to signs of a recession in the not too distant future, …
Medicare, the federal health-insurance program for seniors 65 and older and their caregivers, is going to see some changes in the coming year thanks to mandated annual adjustments via the Centers for Medicare & Medicaid Services (CMS) based on the record 2023 Cost of Living Adjustment (COLA). The following is …
Each year more people are becoming victims of identity theft. When this happens, it could take years for the person to regain their rightful identity and their good credit standing. And the bad news is that identity thieves are getting much more sophisticated about identity theft and will stop at …
Things are different now. Decades ago when you took a job, you stayed with that company for a long time, often for life. Today, studies show that the average American holds over eight jobs between the ages of 18 and 45. Because of that, many are asking the question during job …
The AARP recently released it’s auto insurance premium review which provides a good benchmark for checking whether the auto insurance you are paying is consistent with national and state averages. If it is not, then you should be looking to for a better rate with your current provider or find …