Archive for the ‘Taxes’ Category

Which Interest Payments are Deductible?

Thursday, February 5th, 2009

When it comes time to do your taxes, it is always beneficial to take as many tax deductions as you possibly can.  If you can legally make the deduction, it won’t be considered cheating on your taxes.  You just want to be sure that you are paying the least possible amount on your taxes.  Sometimes [...]

The Amazing Benefit of Tax Deductions

Friday, January 23rd, 2009

Some people think that taking advantage of every single last tax deduction that is available to you is considered cheating on your taxes.  It obviously isn’t considered cheating on your taxes if you are simply following the rules of the IRS.  As long as you are doing everything by the book, there is no limit [...]

Setting up your Health Savings Account (HSA)

Monday, October 20th, 2008

If you have a high deductible health plan (HDHP), you may be eligible to create a Health Savings Account. Also known as an HSA, this is basically a special savings account that is used to pay for medical related expenses. The primary benefit of this account is that you can make contributions (or deposits) into [...]