Learn the benefits of saving receipts and financial records to improve your tax records.
☑ Improved Financial Organization
☑ Boosted Tax Deduction
☑ Increased Savings
✎ Learn The Facts: While it is important to save receipts for 3-7 years to have an accurate financial record, when dealing with larger purchases such as buying a home or car, records should be held on to for as long as you own the property.
Up Next in Finance Fundamentals
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5 Min Important Tax Deadlines
Gain awareness of key dates and deadlines when making your tax payments.
☑ Key Deadline Awareness
☑ Tax System Awareness
☑ Avoided Tax Penalty✎ Learn The Facts: Filing your taxes early, before the April 15th deadline, can help to prevent identity theft. If someone tries to file a return in you...
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5 Min Understanding The Self-Employme...
Gain knowledge on how to file taxes when you are self-employed.
☑ Improved Financial Stability
☑ Improved Tax Planning
☑ Accurate Tax Calculations✎ Learn The Facts: There are a variety of deductions that can apply to some self employed individuals depending on your work location and needs. The...
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5 Min Tax Filing Status
Learn about a variety of tax filing statuses and which ones can help meet your unique needs.
☑ Filing Status Options
☑ Tax System Understanding
☑ Improved Tax Outcome✎ Learn The Facts: The IRS considers your marital status as of the last day of the tax year. This means if you get married on De...
