Taxes

I Overstated My Tax Deductions. Now What? 

It’s easy to make mistakes when filing taxes, especially when it comes to deductions. You might accidentally overstate your tax...

2% Flat Cash Back, No Annual Fee ($150 Sign-Up Bonus, $100 TSA PreCheck Credit) — My Money Blog

(Update November 2024: This card has added a Global Entry/TSA PreCheck credit worth up to $100 every four years. Might...

Can I Claim My Parent as a Dependent? 

Caring for an elderly parent can be a financial toll, especially when you also have children to care for. Claiming...

Costco New Membership $65 w/ $45 Costco Gift Card — My Money Blog

October 31, 2024 By Jonathan Ping 6 Comments My Money Blog has partnered with CardRatings and may receive a commission...

My OIC was Rejected. Now What? 

If your Offer in Compromise (OIC) is rejected by the IRS, it can feel discouraging, but you still have options....

1.20% Fixed Rate, 1.91% Inflation Rate (3.11% Total for First 6 Months) — My Money Blog

Update: Savings I Bonds bought from November 1, 2024 through April 30, 2025 will have a fixed rate of 1.20%,...

Defining tech products for tax and regulatory compliance – part 2, technology overlap

Previously, we gave an overview of how IT and telecom companies have special challenges regarding sales tax and regulatory compliance...

IRA and 401k Accounts Can Earn You 30% More After 40 Years — My Money Blog

We’re all told that we should use IRA and 401k accounts to save for retirement due to their great tax...

How Does Self-Employment Tax Work? 

If you’re self-employed, you likely know that managing your taxes can feel more complicated than simply having an employer deduct...

1% Match on Recurring Deposits to Brokerage or IRA — My Money Blog

SoFi Plus is now offering an unlimited 1% match on all recurring SoFi Invest deposits. This includes their self-directed “active”...

Are Political Donations Tax Deductible? 

Political donations are a vital part of democratic systems, empowering individuals to support their preferred candidates, parties, and causes. As...

75,000 Bonus Miles (Limited-Time Offer) — My Money Blog

Updated. The CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® is a solid business travel card from Citi and American Airlines....