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What You Need to Know Before Paying Your Taxes with Credit

Tax time can be pretty stressful, especially if you do not have the money to pay what you owe. The IRS accepts credit cards for tax payments, but does this mean you should be quick to pull out your credit card to pay your bill? Think twice, because it will cost you. When you don’t have the cash in savings to cover a tax bill, you need to figure out which type of payment will cost you the least amount […]

Why You May be Overpaying on Property Taxes — and What to Do

Local governments only assess home and values every two to three years, on average. It’s estimated that 60% of properties are taxed too high — and you probably fall into that group! When property values drop, it may be years before the county determines your assessment is too high. So, how do you tell if you’re overpaying? If you are, what can you do? Fortunately, it’s not as hard as it sounds.   How Do I Know If I’m Overpaying? […]

Are You Missing these Little-Known Tax Deductions?

You could be leaving hundreds on the table this year when you file your taxes. Many years ago, an official at the IRS told Kiplinger’s Personal Finance that he estimated taxpayers overpaid millions on their taxes each year, simply by overlooking some of the little-known deductions. While many of the lesser-known deductions apply only to very specific groups of people, these deductions could very well save you a few dollars come tax time.