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You are here: Home / Archives for Banking & Credit / Taxes

Taxes

Consider Free Tax Filing Options

January 24, 2018 LOZO Team

Paying taxes is frustrating enough, but paying to pay your taxes makes it feel even worse! If you're getting a head start on filing your 2010 taxes, you'll want to consider some free filing options. Generally speaking these services offer free federal tax preparation and e-filing … [Read more...] about Consider Free Tax Filing Options

Banking & Credit, Taxes tip

Tax refunds are actually bad investments

January 24, 2018 LOZO Team

It's fun to get a tax refund each year, but really you are just getting your money back from the government who has been keeping it (and keeping the interest you should have gained) all year long. Check your withholdings to try to keep more money now, and less of a refund later. … [Read more...] about Tax refunds are actually bad investments

Taxes tip

Plan investment transactions carefully to minimize taxes

January 24, 2018 LOZO Team

Pending a possible change to the tax laws, as of now (August 11, 2010) the capital gains tax rates (the tax you pay in gains in your investments) are subject to increase starting in 2011. For some investors that means it might be beneficial to sell stocks with gains this … [Read more...] about Plan investment transactions carefully to minimize taxes

Investments, Taxes tip

Don’t forget to claim tax benefits on home energy improvements

January 24, 2018 LOZO Team

Improving your home's energy efficiency saves money each month on your utility bill, and can also mean a free bonus from the IRS. Check out the list at Energystar.gov for the latest credits which can offset your purchase costs. Check with your local utility company as well to … [Read more...] about Don’t forget to claim tax benefits on home energy improvements

Taxes tip

Take advantage of Flexible Spending Accounts (FSAs)

January 24, 2018 LOZO Team

If your employer offers health insurance, check if you can take advantage of an FSA. These accounts let you take a tax deduction on money you put aside for health care. Since you are going to spend the money anyway, this is a great way to cut back on the cost. Plus you can use … [Read more...] about Take advantage of Flexible Spending Accounts (FSAs)

Taxes tip

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