The Language of Money

Are we speaking the same language? That’s what I was thinking after a recent budgeting discussion I had with a military spouse. I was trying to provide some spending guidance, but our conversation was hitting a stumbling block. We were talking ...

Active-Duty Military: Retirement Income and Finances

In return for 15, 20 or more years of patriotic service and sacrifice, active-duty service members enjoy a retirement income plan that’s among the very best in any occupation. Retired pay, the military’s version of a pension plan, ...

Fiscal Cliff Hanger Debate and Taxes

As 2012 draws to a close, Americans watch and wait as a major showdown on taxes and spending unfolds in the nation’s capital. The stakes are high: If the federal government can’t hammer out an agreement by year’s end, expiring ...

13 Top Income Tax Deductions

Life is expensive and already complicated enough. Here are some tips to assist with income taxes. So, before tackling your tax return, brush up on these deductions that could cut your tax bill and keep more money in your family’s pocket.

Use Child Tax Credit for Tax Savings

Now, here’s a real tax savings to the individual taxpayer with dependents. The child tax credit is a direct federal income tax credit based on the number of dependent children in your family. This federal tax credit is available to provide ...