Tax season can be a stressful time of year. It’s when you figure out if you owe the government money, or if they owe you. If you were pleasantly surprised this year with a tax refund, we’ve pulled together a few of our favorite wise money moves for you. Why let another tax refund go[Read More]
Taxes
Tax Deductions vs Tax Credits
Tax refunds will be smaller in 2023 than they were in 2022. Since you’ll be getting less money back, take advantage of any tax credits or deductions to reduce your tax liability and keep more money in your pocket. But the question of which is better for your situation—a tax deduction or a tax credit—is complicated. Knowing[Read More]
Top 10 States with Solar Tax Incentives
According to a year-end report by the Solar Energy Industries Association, Americans installed enough solar panels to power 24 million homes in the U.S. This is thanks in part to solar panel incentives such as the solar panel rebate and the solar tax credit. These add up to some substantial solar panel savings. The solar investment tax[Read More]
Homeowner Tax Credits for Windows and Skylights
As a homeowner, there are many ways you can make your property more energy-efficient. Did you know that the government will pay you to make some of those changes? Through legislation like the Inflation Reduction Act, you can achieve significant tax credits when you make energy-conscious adjustments to your home. This includes updating your old,[Read More]
Big Tax Refunds in 2019 Made Easy to Understand
The 2019 tax season is upon you, and if you’ve been listening you’ve probably heard a number of people complain about the changes. This is because while tax adjustments occur every year, and 2019 brings with it more than usual. For some, it’s confusing as they are required to change how they file. However, a[Read More]