March 20, 2018
Tax Tip Tuesday Financial Blog Post

These Tax Credits Can Mean a Refund for Individual Taxpayers

Some taxpayers are not required to file a tax return, however, they may want to do so because it is possible they qualify for a tax refund due to tax credits. However, taxpayers need to submit a 2017 tax return in order to claim these credits.
March 13, 2018
Tax Tip Tuesday Financial Blog Post

A Basic Right for a Taxpayer

Taxpayers can appeal an IRS decision in an independent forum. This is one of ten basic rights citizens have when dealing with the IRS. It is known as the Taxpayer Bill of Rights. The IRS Office of Appeals handles each taxpayer’s case separately from the IRS office, which initially reviewed the case. Normally, Appeals won’t talk about a situation with the IRS to the extent that those communications seem to compromise the independence of Appeals. 
February 21, 2018
In-Person Tax Help

How to Get In-Person Tax Help from the IRS

When working on your taxes, questions will come up that you don’t feel you are getting clear answers for. The IRS does offer help, and yes, in-person tax help. The IRS Taxpayer Assistance Center (TAC) lets you find and call to schedule an in-person appointment. The people you will be talking to are provided by the IRS when your tax issue cannot be resolved online or by phone.
January 11, 2018
max out retirement accounts

Should I Max Out My Retirement Account or Invest Elsewhere?

Time and time again, you will hear me say, “max out your retirement accounts!” However in this situation, I’m saying DON’T! I know you’re probably thinking, “What?!?!?!?!” I get it, but hear me out on this one!
January 1, 2018
Financial New Years Resolutions

18 Financial New Year’s Resolutions for 2018

We all do it at the beginning of every year; make resolutions with the intention of keeping them. And while you have kissed 2017 goodbye, it doesn’t mean you’re ready to tackle 2018, especially when it comes to your finances. So we here at Financially Simple decided to help you become happy, healthy and wealthy (to some degree) with 18 tips to help you clearly define and keep your financial New Years resolutions for 2018.
December 29, 2017
Reduce Taxes on Retirement Accounts

Income for Life Retirement Strategy #8: Reduce Taxes on Retirement Accounts

If you hope to maximize the benefits from all your hard-earned retirement savings, you need to protect as much as you can from Uncle Sam. Fortunately, there are plenty of legal ways to do just that. It will take laying some groundwork and understanding exactly what the government looks for in order to reduce taxes on retirement accounts.