income tax

10 Tax Deductions You May Be Overlooking

Too late for a refund? Return assistance programs may help

By Lisa Bertagnoli An extra blanket at the foot of the bed or a second application of sunscreen — that’s how credit card companies want consumers to think of return assistance programs. Not the first line of defense, but extra protection should a cardholder want to get a refund on a purchase after the retailer’s […]

6 Overlooked Tax Breaks for Individuals

Confused about which credits and deductions you can claim on your 2013 tax return? You’re not alone. Here are six tax breaks that you won’t want to overlook. 1. State Sales and Income Taxes Thanks to the fiscal cliff deal last January, the sales tax deduction, which originally expired at the end of 2011, was […]

Putting Off Working On Your Tax Return May Cost You, Financial Planner Warns

By Jeff Gorton, CPA, CFP Nearly 150 million Americans will file federal income tax returns this year and, unfortunately, many will be shelling out much more of their hard-earned money than necessary, says veteran financial expert Jeff Gorton. “With the ridiculous complexity of our tax code, I can understand how the average person might want […]

Learn on to Better Manage Your Money during National Financial Wellness Month

What better time to tackle your holiday debt than to start taking a more proactive role during National Financial Wellness Month. It is not a coincidence that this month-long holiday follows the Christmas spending season as January is usually the time when Americans realize that they have financially overextended themselves. All month long consumers take […]