Posts in tag
Tax Planning
When married couples should file separately
elenaleonova | E+ | Getty Images A quirk in eligibility rules for a new unemployment tax break may lead some married couples to wonder whether they should file separate returns, even if they typically file jointly. The short answer: Filing separately may make sense in some cases, especially when each spouse can get the maximum …
Flexible Spending Accounts: A Once-A-Year Tax Break
FSAs are basically bank accounts reserved to pay for your out-of-pocket health care costs. Of course, anyone can put aside money to cover health expenses, but what makes an FSA special is that you don’t have to pay taxes on the money you put into it. Get every deduction you deserve. With TurboTax Deluxe, we’ll …