10 Sources of Tax-Free Income
10 Sources of Tax-Free Income Published: 04/25/2026 Wouldn’t it be nice to have a source of nontaxable income? You may be more fortunate than you realize. Listed here are a number of income items that the IRS does not tax. 1. Tax-free interest. Municipal bond interest is tax-free at the federal level. This includes bonds issued by […]
Commonly Overlooked Deductions
Commonly Overlooked Deductions Published: 04/21/2026 The tax code is about 75,000 pages long, so it’s not surprising there are many overlooked money-saving deductions hidden within it. Check out this list of commonly overlooked deductions. You might wind up with a bigger refund than you expected. State sales tax alternative. You can choose to deduct state and […]
Should I Tap into my Retirement Funds?
Should I Tap into my Retirement Funds? Published: 04/17/2026 Often if you are in dire need for money the most tempting area to look at is your IRA, 401(k), or other qualified retirement accounts. These funds, set aside for your retirement, may seem to be the answer to your financial woes. Should I take an […]
It’s Tax Time! Don’t Forget 1st Quarter Estimated Payments.
It’s Tax Time! Don’t Forget 1st Quarter Estimated Payments. Published: 04/14/2026 Both your individual tax return AND first quarter estimated tax payment are due. Here is what you need to know. First quarter due date: Wednesday, April 15, 2026 The estimated tax payment rule You are required to withhold or prepay throughout the 2026 tax year […]
Refund Delay?
Tax Day Is Here! Published: 04/11/2026 Executive Order 14247 requires federal disbursements, including income tax refunds, to migrate from paper to digital form. As can be imagined, this is causing some bottlenecks in receiving refunds. Through mid-March, 1.4 million refunds are stuck due primarily to this change. If this happens to you, you will receive […]
Tax Day Is Here!
Tax Day Is Here! Published: 04/09/2026 With the individual tax-filing deadline on Wednesday, April 15th, now is the time to complete all filing arrangements and payments. What follows is information typically provided in our filling instructions to you when the tax return is completed. However, upon review, it makes sense to provide this information to […]
Spring Cleaning That Pays You Back All Year
Spring Cleaning That Pays You Back All Year Published: 04/07/2026 Spring cleaning isn’t really about dust or closets. It’s about deciding what earns space in your life. Your money deserves the same treatment. Instead of rushing through financial tasks you may only do once per year, such as reviewing your credit report or insurance policies, […]
7 Interesting Financial Facts
7 Interesting Financial Facts Published: 04/04/2026 Money touches nearly every part of our lives, yet many people are surprised by how common certain financial behaviors actually are. Here are 7 interesting financial facts that highlight real trends in personal finance, along with practical tips to help you make smarter decisions. Fact #1: 46% of Americans […]
Annual Tax Quiz -American History Edition
Annual Tax Quiz -American History Edition Published: 04/01/2026 This year marks 250 years of American independence, which also means two-and-a-half centuries of spirited debate over taxes. From the nation’s earliest days, revenue has been raised in inventive, controversial, and occasionally head-scratching ways, often followed closely by creative attempts to avoid it. To mark this anniversary, […]
Tax-Free Rental of Your Property
Tax-Free Rental of Your Property Published: 03/28/2026 Most income you receive is taxable income that is reported to the federal and state tax authorities. However, renting out your home or vacation property on a short-term basis can be done tax-free if you follow the rules. The rule: If you receive rental income for less than 15 […]