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In my last post, we discussed refinancing and how taxes can play into a decision about whether or not to refinance. I also found this interesting article, which goes into some depth about debt — both mortgages and unsecured debt — and paying interest, and how to decide what to pay off first, particularly [...]

Sorry I’ve been incommunicado for a few months. But now I’m back, and I’ll try to post a couple times a month, at least until we get closer to tax season.
First off, when you’re thinking about refinancing your mortgage, you might not immediately think about your taxes, but consider — you get to deduct [...]

There are two primary tax benefits parents use to offset childcare costs. The Child and Dependent Care Tax Credit (CDCTC) provides a tax credit of up to 35 percent on up to $3,000 of expenses per child ($6,000 total), for a maximum credit of $1,050 per child ($2100 total). Or, employees can arrange with their employers to exclude up to $5,000 from their salary to pay for child care.