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Taxes

August 14, 2013in Debt 4 Comments 0 Likes

When to Consider Paying Off Your Mortgage

Brooklyn brownstone - get out of debt With interest rates likely to increase, you may be in no hurry to pay off your mortgage.  After all, you may not be able to get such a low interest rate again.

But let’s assume you are making good progress …

by Sara Stanich
February 26, 2013in Taxes 3 Comments 0 Likes

What is the AMT and Who Pays It?

I really strive to explain complex topics in a straightforward way.  But the AMT is a toughie.

Our “main” tax code is complicated enough.  But there is actually a second set of tax rules: the Alternative Minimum Tax rules.

 Alternative Minimum Tax, AMT

What

…

by Sara Stanich
February 5, 2013in Cash Flow 2 Comments 0 Likes

Financial Planning Checklist for New Parents

This article appeared first at local parenting blog A Child Grows in Brooklyn.

financial planning checklist for new parentsNew parents are busy.  When it comes to financial planning, they just want to make sure they are doing the right things for them and not …

by Sara Stanich
January 31, 2013in Taxes 1 Comments 0 Likes

Should You Get Help to File Your Taxes?

tax filing help - file taxes, taxes and your family, should i get help to file taxesTax time is officially here.  But how should you get it done?  Should you do it yourself or hire outside help?

I have mixed feelings on this issue.

On the one hand, I believe that it is empowering to …

by Sara Stanich
January 22, 2013in Taxes 13 Comments 0 Likes

The Reason to Itemize Your Taxes (Or Not)

This is the second post in my “Taxes for Your Family” series.

Back when you were a young and fancy-free, your taxes were simple as pie. You probably rented a place to live (or these days, lived with …

by Sara Stanich
January 19, 2013in Taxes 11 Comments 0 Likes

What You Need to Know About Taxes for Your Family

large__6916702992, taxes for your familyThis is the first post in my “Taxes for Your Family” series.

Even in a year without the fiscal cliff, taxes are a complicated topic that most of us understand in only a fuzzy way.

Forms arrive in …

by Sara Stanich
December 5, 2012in Taxes 5 Comments 0 Likes

Tax Planning for Beginners

Tax Planning for BeginnersTax Planning.  It sounds complicated right?

Well, it can be, but there are four basic things you should probably be doing.

1.  Maximize Retirement Contributions

Are you maxing out your 401(k)?  I don’t just mean contributing enough to get …

by Sara Stanich
October 25, 2012in Insurance 8 Comments 0 Likes

Is a High Deductible Health Plan Right for You?

Health Savings Account, HSA, FSA, Flexible Savings Account, HDHP, High Deductible Health PlansIt’s open enrollment season!  Benefits enrollment periods typically run from late October to Mid-November for employees at many companies.  Your company may have many benefits to choose from, but the one I get the most questions about is High Deductible …

by Sara Stanich
October 3, 2012in Divorce 2 Comments 0 Likes

Divorce & Your Money: Tax Issues

diamond ring - divorce and your money, divorce and taxesThis is the seventh post in my “Divorce & Your Money” series.

Taxes are never fun, but there are new things to consider when it comes to divorce.

Filing Status

If your divorce is final by the end …

by Sara Stanich
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