Category - Taxes

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Now That The Dust Has Settled…Smart Tax Moves In 2018
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Tax Time Thieves
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How to Prepare Your Taxes & File Your Tax Return – (Possibly for Free!)
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2018 IRS Tax Refund Schedule (2017 Tax Year) – When Will I Receive My Tax Refund?
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Is A Donor Advised Fund Right for You?

Now That The Dust Has Settled…Smart Tax Moves In 2018

By Eve Kaplan, Certified Financial Planner®

Now that the dust has settled, here are some smart tax moves to lower your taxes and/or avoid higher taxes/penalties in 2018. These steps may be especially helpful if you live in high property and high income tax states (e.g. New Jersey, New York, California) since state and local tax deductions are capped.  Unfortunately all these changes mean you’ll need more time and energy to stay on top of your taxes.

Here are 4 strategies to lower taxes and/or avoid higher taxes/penalties:

  1. Bunch Up Charitable Donations With A Charitable Trust. Charitable trusts can be
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Tax Time Thieves

It’s the time of year when we scramble to gather our W-2s to file taxes before the April 17 individual income tax deadline.

Unfortunately, identity thieves also are scrambling to gather your personal information to file fraudulent tax returns. How can you prevent an identity thief from stealing your refund? Below are a few helpful tips on protecting your identity this tax season:

Store your personal information and financial documents in a safe place. Avoid carrying your Social Security card with you and keep financial documents in a secure location.

Be aware of impersonators. Don’t give personal information over the …

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How to Prepare Your Taxes & File Your Tax Return – (Possibly for Free!)

Thank you H&R Block for sponsoring this post. While this was a sponsored opportunity from H&R Block, all content and opinions expressed here are my own.

Filing your taxes isn’t always fun. But it doesn’t have to be a complicated process or take a long time. If your situation is fairly basic, you can file your taxes in less than half an hour. Of course, the more complicated your situation, the more time it may take.

Regardless of how complicated your situation is, you can make the process faster and easier by using a checklist to gather your paperwork and

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2018 IRS Tax Refund Schedule (2017 Tax Year) – When Will I Receive My Tax Refund?

When it comes to filing a tax return, there are a few questions that people care about more than any other – how much am I paying on taxes, how much will I get back in my tax refund, and when will I receive it? Everything else, the say, is just details.

There is no quick and easy answer to the first two questions. However, we can give you a rough idea of when you will receive your tax refund, but only if you file your federal taxes electronically using a software program or with the IRS E-File. Expect longer

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Is A Donor Advised Fund Right for You?

Executive Summary: Setting up a Donor Advised Fund (DAF) for 2017 (before December 31, 2017) and front loading charitable deductions can save you thousands of dollars in taxes immediately, while directing distribution to charities in/for future years. Even if you decide not to establish a DAF, you should consider whether accelerating next year’s charitable contributions to 2017 makes sense for you, especially if you are phased out of itemizing deductions starting next year.

As you’ve heard by now, President Donald Trump has signed the Tax and Jobs Act of 2017, which mostly makes sweeping changes to tax rates and eliminates …

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