Posts from December, 2013

  • 3 Criteria For Wisely Buying Holiday Gifts A third of major retailers’ revenue comes from the last 2 months of the year. So obviously the Holiday season gets people to spend way more than usual. Let’s face it, there’s lots of pressure to buy gifts for lots of people. It seems once the buying starts, there’s more and ... Continue Reading
  • Sell Your Home for a Profit? No Need To Report It As Income If you sold your home this year for a profit, it may not be taxable income! In most cases, if your home has been your primary residence 2 out of the 5 years you’ve owned it, you may not have to report it as income. Usually, you don’t have to report up to $500,000 dollars for ... Continue Reading
  • Deduct Your Health Savings Account Deduct the money you put towards a Health Savings Account! Contributions you make to a Health Savings Plan are deductible and the withdrawals you make from it are tax free when you use the money towards medical expenses. If you are over 65, and you make a withdrawal to pay ... Continue Reading
  • Holiday Costs That Bite Sure you’ve got an idea of what you’re gonna spend on Holiday gifts but what about all the costs that sneak up on you? Have you ever found yourself saying, “I only spent x amount of dollars on gifts; where did all of my money go?” If so, there lots of places throughout the ... Continue Reading