There’s snow on the ground, the calendar is winding down, folks are gearing up for the new year, so of course, we’re getting… EXTENDERS? Yes, it’s true. With the clock ticking, Washington appears to have reached a deal on tax extenders. Extenders are a term used to refer to expired or expiring tax provisions and…
Headed to the gym this summer? You may soon be able to claim a tax benefit for the trip. The House Ways and Means Committee has advanced a bill which would grant taxpayers a break on gym memberships and fitness classes.
It’s Taxes from A to Z. O is for organ donation.
Tax season opens today. If you received a tax refund check, how would you spend it? Here’s my answer.
(UPDATE: The giveaway is now closed. We have our winner! See the comments for more info.) Earlier, I outlined the benefits of the popular Flexible Spending Account (FSA). An FSA allows you to take advantage of pre-tax dollars contributed by you and/or your employer to pay medical costs. If you have a high-deductible health insurance…
Last night, I was browsing through my email and a message caught my eye. A reader passed along a link to this piece written by Diem Brown, with a note that said, more or less, “Can you believe she didn’t know about the medical deduction?” By way of background, Brown, age 30, is a recurring…