If you have adopted a child recently, then you should know about the tax savings that you can take advantage of to help curb some of the cost to adopting. But the Adoption Tax Credit offers families a unique opportunity to save for retirement. Continue reading
Image from 401k (2013).
Are you ecstatic when you get your tax refund each year? Do you feel like you’ve hit the jackpot when Uncle Sam sends you a huge check? Well, getting a giant refund at tax time may not be such a good thing after all. It means that you’ve been withholding too much tax from your pay throughout the year, giving the government an interest free loan and possibly leaving yourself short on cash every month. Continue reading