Saving for Tomorrow, Living for Today
Welcome to Money Saving Parent! If you’re new here, you may want to subscribe to receive daily email updates. You can also join us on Facebook! Thanks for visiting!Do you have a cause or concern that you place in high regard? Do you want to search for like- minded people with similar interests in promoting (Continue Reading…);
Tax time is getting closer and for those who either dislike filing taxes or would prefer a little guidance, a tax service can prove itself a godsend this time of year. The selections are many, but one that offers guaranteed results for a low-cost is TaxACT, a tax software ready to help taxpayers reduce taxable (Continue Reading…);
The U.S. Department of Agriculture just recently announced a new set of proposals governing the snacks and other foods sold in public schools. The new requirements would place greater restrictions on the sale of junk foods (high calorie foods with little nutritional value) and require that vending machines offer food and drink with at least (Continue Reading…);
Tax preparation is certainly no pleasure. It takes time to gather up w-2 and 1099 forms, sort through brokerage records, find deductible interest statements, and then assemble everything together for IRS submission. The process gets more complicated and frustrating with business ownership, rental properties, and other factors. Using a tax software service can make a (Continue Reading…);
Filing taxes can take time and patience and this is particularly true when tax filing is more complicated due to deductions, home businesses, and other factors. It can take a long time to sift through so many different online tax sources to find answers to questions, but one company ready to make your tax filing (Continue Reading…);
By now, everyone is more than familiar with the so- called “Fiscal Cliff” that may become reality on December 31, 2012. The year- end deadline marks the beginning of automatic tax increases and government spending cuts ready to take effect unless President Obama and the Congress can work out their differences and salvage a last- (Continue Reading…);
Much talk has been made about the so- called “Fiscal Cliff” and its repercussions for millions of Americans. The term continues to be used by politicians and commentators who warn of the impending financial gloom that resides just around the corner unless politicians take quick action. What is the Fiscal Cliff?: The term (Continue Reading…);
If the U.S. Mint has its way, the dollar bill could become a sought- after item for numismatists and other collectors. In an effort to save some taxpayer money, the U.S. Mint is proposing the elimination of dollar bills. Other, higher denomination bills would remain, but the George Washington dollar bill would be replaced (Continue Reading…);
The short answer: It’s a distinct possibility. As many Money Saving Parent readers are aware, the Social Security tax rate was lowered two percentage points in 2011, from 6.2% to 4.2% of gross income. The idea was that the economy needed a jump- start and targeting Social Security, every working American enjoyed an increase in (Continue Reading…);
They say the number seven is a magic number and in the world of finance, there is some truth to this common saying. At least, that is, when the number two follows the seven, as in the “rule of 72.” This rule is often used to quickly determine how fast an investment will double in (Continue Reading…);
Loretta Robinson of Greenville, SC received some of the most devastating news a parent could receive last year. Her oldest son was killed in a drunk driving accident, one which he didn’t cause but one which an undocumented woman without a valid South Carolina driver’s license, driving drunk caused. ‘I never would have imagined getting (Continue Reading…);
It looks like President Obama’s health plan will remain intact, at least for now. The U.S. Supreme Court earlier today upheld the individual insurance mandate provision of the President’s health care reform legislation. The vote was close, 5 to 4, but it was upheld nonetheless and is scheduled to implement completely in 2014. Most (Continue Reading…);
Equal pay for equal work has been a rallying cry of the women’s movement and various civil rights organizations for some time, but a recent bill to extend and update the right to equal pay has been defeated in the U.S. Senate with only 52 votes in favor, 8 shy of the 60 votes needed (Continue Reading…);
There has been a a lot of talk about student loan forgiveness and trust me as parents of a child with a student loan as well as paying off student loans for graduate school in order to get farther in our career it’s a topic that Mr. Money Saving Parent and I think about a (Continue Reading…);
