tax

Mistakes To Avoid With A Child's Allowance

Around two-thirds of parents give their children an allowance averaging about $30 a week. Most parents believe that an allowance should, at least in part, be earned with the average chore work of 5.3 hours a week earning a tidy $6.11 an hour. More than half of parents give an allowance to teach...
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Here's What To Do If You Receive An Inheritance

What would you do if you received a large amount of inheritance money? Pay off debt? Buy a house? Go no vacation? Financial experts say if you want to be financially prudent about it, the answer is to do nothing with the money, at least for a year. Many people spend their inheritances faster than...
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Yellow school bus on the blacktop on a beautiful sunny day

Florida Back To School Sales Tax Holiday

The 2019 Back-to-School Sales Tax Holiday begins Friday, August 2, 2019, and runs through Tuesday, August 6, 2019. Many school items will be exempt from tax including: Certain school supplies selling for $15 or less per item clothing, footwear, and certain accessories selling for $60 or less per...
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Why You May Have A Smaller Tax Refund This Year And How To Fix It For 2019

Tax filings have begun with some people getting a surprise that their once tax refund is smaller than before and in some cases, taxes are owed. But how can this happen when tax laws were changed to keep more money in your pocket? Most likely is your withholding level (the amount of tax you chose to...
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How To Avoid The Hidden Tax Filing Fee

Filing your taxes has never been easier and receiving your refund has never been quicker. When you file your taxes online or with an agent, you’re usually given the option to deduct the cost of filing from your federal tax refund. While this is a convenient feature, experts say you really should...
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What You May Expect When Filing Taxes This Year

Employers must have your W-2 forms to you for the 2018 tax year by tomorrow and with last year’s tax changes, there is a lot of anticipation as to how your refund will be affected. While you might expect a larger refund than normal. But that won’t necessarily be the case. While refunds will be...
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Your Tax Refund May Be Delayed Due To The Government Shutdown

The partial government shutdown has many Federal employees sitting on the sidelines or working output a paycheck until funding is approved. Along with Federal parks and museums, the FBI, DEA and Border Security, the Internal Revenue Service is affected. Less than half (43.5%) of the agency’s...
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Florida Back To School Sales Tax Holiday

Many school items will be exempt from sales tax. CLICK HERE for more information and items exempt.
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Millions More Of Americans Are In For A Bad Surprise Come Tax Time

There are good surprises like finding a dollar bill in the street, meeting a good friend you haven't seen in a while and even a birthday party. But there are bad surprises, such as realizing you owe money to the government when you normally would’ve received money back as a tax refund. Changes in...
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Convincing IRS Scam That Could Cost Your Entire Tax Refund

Savvy scammers are working overtime this spring with a pretty sophisticated scam involving your tax refund. Here is how it works. To your surprise, a large deposit of cash into your bank account from the Internal Revenue Service (IRS), even though you haven't filed your taxes yet. Shortly after the...
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