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Money Crashers · 8h ago

10 Best Long-Distance Hiking Trails in the U.S. to Escape Civilization

I’m always looking for ways to lead a healthier, happier life, whether it’s making sensible changes to my eating habits or finding time to fit a workout into my day. But I’m also a big belie...
Money Crashers · 1Y ago

29 Best New Bank Account Promotions & Offers – Dec 2017

It’s possible to make $100s just by opening up a bank account. But sorting through the best offers can be tricky. At Money Crashers, we comb through hundreds of deals every month to find you...
Money Crashers · 1W ago

6 Indoor Plants That Can Clean & Purify the Air in Your Home

According to the Environmental Protection Agency (EPA) (EPA), we spend 90% of our time indoors. Unfortunately, the air we’re breathing at home and work is more polluted than it used to be. C...
Money Crashers · 1W ago

Standard Deduction vs. Itemized Tax Deduction – What’s Better?

Every taxpayer with a filing requirement is allowed a Standard Deduction, which depends on their filing status. The Standard Deduction is the first step in reducing adjusted gross income (Fo...
Money Crashers · 1W ago

The Child and Dependent Care Tax Credit – Federal Tax Deductions for Child Care Expenses

If you pay for daycare, a credit may be available to offset some of your tax bill. This credit applies as long the qualifying child was under the age of 13 when the care was provided. The cr...
Money Crashers · 1W ago

6 Education-Related Tax Credits & Deductions for College Tuition & Expenses

Unless you have wealthy parents or are blessed with a full-ride scholarship, your own or your children’s college education is going to be a financial challenge. In-state public colleges cost...
Money Crashers · 1W ago

Investment Expense Tax Deduction – Which Fees Can You Deduct?

If you have investments and you itemize deductions on Schedule A, you may be able to deduct certain expenses. This can save you thousands come tax time. Importantly, only certain investments...
Money Crashers · 1W ago

Retirement Savings Contribution Credit – Get a Tax Credit Just for Saving

The U.S. Tax Code encourages certain behaviors. You can save on taxes by getting married and having children. It does this by offering certain incentives in the form of tax breaks, deduction...
Money Crashers · 1W ago

List of 16 Commonly Overlooked Personal Tax Deductions & Credits for Individuals

Tax time is stressful, but it helps to be aware of possible deductions ahead of time so that you can keep appropriate documentation to maximize deductions and credits and pay the lowest tax ...
Money Crashers · 1W ago

Married Filing Taxes Jointly vs. Married Filing Separately – Which Is Better?

Generally speaking, your marital status is determined as of December 31 of the tax year. If you were married on or before that date, the IRS considers you married for the entire year. If you...