Easy Ways to Save Money
Paying for childcare is often an expensive necessity for working moms and dads. Come tax season, however, the dollars spent on child care can help parents score a tax credit of $3000 per child. The only catch is that the parents must have been working or looking for work when the care took place.
With so many great online tax software packages available, there’s no excuse for filing a paper return anymore. Filing online is faster, more secure, and will get you a faster return (check average). This doesn’t mean you have to sit at home or in your drab office, though.
A flexible spending account, or FSA, allows workers to put aside money on a pre-tax basis to pay for eligible health care expenditures. When first introduced, these plans had no limit on the amount of money a worker could contribute. That is changing, however, and anyone contemplating an FSA needs to be aware of the [...]
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