Other posts tagged: tax

Financial Goals for Each Decade of Your Life

A person’s financial goals grow and change with the individual. Your goals in your 20s aren’t usually the same as when you’re 50. We wanted to give you an overview of what some of your financial goals should be, decade by decade. Your 20s Set Up Good Habits Now is the time to put your

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Why Your Hobby May Be Taxed

Hobbies, such as woodworking, stamp collecting and scrapbooking, are often done for pleasure but can result in a profit. But if you're lucky enough to make money from your hobby, it may have tax implications. You must report income to the IRS from almost all sources, including hobbies.

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Tax Tips for Recently Married Tax Payers

If you’ve recently updated your status from single to married, you’re not alone; late spring and summertime is a popular period for weddings. Marriage also brings about some changes with your taxes. Here are several tips for newlyweds from the IRS. Notify the Social Security Administration It’s important that your name and Social Security number match on

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