MyBankTracker Blog - Page 19

How to Get the Saver’s Credit (Tax Credit) When You Save for Retirement

Putting away money for retirement in your 20s should be a top priority and you can benefit even more by taking advantage of the tax saver's credit.

How Bonuses Are Taxed by the IRS

How Bonuses Are Taxed by the IRS

Learn how your bonuses are taxed by the IRS, including tax withholdings...

How Do Taxes Change After Marriage?

Kevin Mercadante

How Do Taxes Change After Marriage?

Find out how your taxes change after marriage, including deductions, exemptions, retirement...

Invested in Cryptocurrency? What You Need to Know for the Tax Season

Learn what taxes apply if you‘ve invested or mined Bitcoin and other cryptocurrencies when you file a tax return, including how to handle gains and losses.

Why You Should Avoid Tax Refund Advance Loans

Find out why you should avoid tax refund advance loans, which may put money in your hands faster, but there are various fees and very high interest rates.

Thomas (TJ) Porter

How to File an Amended Tax Return

How to File an Amended Tax Return

Find out what situations require you to file an amended tax return...

How to Prepare for Next Year’s Tax Filing Season Now

How to Prepare for Next Year’s Tax Filing Season Now

With the tax filing season over, learn how you can start preparing...

What Non-U.S. Citizens Should Know About Filing U.S. Tax Returns and Paying Income Tax

Find out what non-U.S. citizens should know about filing U.S. tax returns and paying U.S. income tax based on non-resident alien status.

Can You File Taxes as Head of Household? Learn the Rules

Use this guide to find out whether you can file your taxes with the head-of-household status based on your home costs and qualifying dependents or children.

Tax Abatement: How Does It Help You Save on Property Taxes?

Valencia Patrice Higuera

Tax Abatement: How Does It Help You Save on Property Taxes?

Learn about how a tax abatement affects your purchase of a new...

Kiddie Tax: How to Minimize a Child’s Income Tax

Kiddie Tax: How to Minimize a Child’s Income Tax

Learn about the kiddie tax and how a young child can minimize...

Major Life Milestones That Could Change Your Tax Situation

Find out which major life milestones can result in big changes to your tax filing season -- they could have an impact on the complexity of your taxes.

What Are Each State’s Income Tax Rates?

Find out about the income tax rates for each U.S. state, including those that don't impose any state income taxes.

Are Business Credit Card Interest Charges and Fees Tax-Deductible?

Kevin Mercadante

Are Business Credit Card Interest Charges and Fees Tax-Deductible?

Find out if the interest charges and fees on business credit cards...

Wash Sale Rule: How to Avoid an Inconvenient Tax Violation

Wash Sale Rule: How to Avoid an Inconvenient Tax Violation

Learn what trades are considered in violation of the wash-sale rule, which...

How to Get Credit for Your Missing Stimulus Payments on Your Tax Return

Find out how to collect any missed stimulus payments when you file your tax return, including ways that you can make the most of that IRS credit.

How to Get a 401(k) Hardship Withdrawal for Specific Financial Needs

Find out whether you qualify for taking out a 401(k) hardship withdrawal, which will let you access retirement funds for dire financial needs.

Kevin Mercadante

Should a Employee Stock Ownership Plan (ESOP) Be Part of Your Retirement Savings?

Thomas (TJ) Porter

Should a Employee Stock Ownership Plan (ESOP) Be Part of Your Retirement Savings?

Learn how employee stock ownership plans (ESOPs) work and find out whether...

Mortgage Loan Estimate vs. Closing Disclosure: What’s the Difference?

Valencia Patrice Higuera

Mortgage Loan Estimate vs. Closing Disclosure: What’s the Difference?

As you begin the process of buying a new home, learn about...

Title Insurance: Why You Might Need It When Buying a Home

Learn how title insurance works to protect your home from legal claims and other aspects of the property's history that you didn't know about.

Valencia Patrice Higuera

Pay Off Your Student Loans or Open an IRA: What Should You Do?

Find out whether it makes more financial sense to pay off your student loan debt or to open an IRA to start saving for retirement. Compare the benefits and drawbacks of each step to see how it can impact you...

How to Refinance Your Car Loan and Reduce Your Payments

How to Refinance Your Car Loan and Reduce Your Payments

Learn how you can refinance your car loan so that you can...

How to Compare and Choose the Best Small Business Loans

Kevin Mercadante

How to Compare and Choose the Best Small Business Loans

Find out where to find the best small business loans and learn...

What is the Historical Average Stock Market Return?

Learn about the historical average stock market returns to estimate the growth of your investment and retirement portfolios.

Investing in Municipal Bonds: Pros and Cons to Consider

Learn about the pros and cons of investing in municipal bonds, which offer some tax advantages compared to other types of investments.

Kathryn Tretina

When to Sell Your Stocks: Whether for Profit or at a Loss

When to Sell Your Stocks: Whether for Profit or at a Loss

Find out when it might make sense to sell your stocks, whether...

Are Financial Prejudices Standing in the Way of Your Success?

Michelle Jackson

Are Financial Prejudices Standing in the Way of Your Success?

Learn how to conquer your habits and reach your financial goals. Don‘t...

Unemployment Benefits: How to Apply and Collect

Learn how unemployment benefits work, including who is eligible, how much you receive, and what you need to apply and collect unemployment insurance payments.

Employer Paying for Your Student Loans vs. Contributing to 401(k): Pros & Cons

Find out how to choose between student loan assistance and 401(k) access through your employer when you can only choose from one of these compensation packages, Compare the benefits of each perk to see which one makes more sense for...