Tax Help For Single Mothers

taxes

Tax season can be hectic for a lot of people, but single mothers need tax help specific to their situations. At SingleMomFinancialHelp.com, we want to give single mothers the resources they need to understand property taxes and income taxes, as well as tips for relief and tools that can help single moms like you catch a break in at least one aspect of your financial life.



Tax Records the Old Fashioned Way

Thumbnail image for Tax Records the Old Fashioned Way May 24, 2011

We live in the digital age. We communicate online, purchase online, bank online, file our taxes online, and keep our financial records on our computers. Single moms often forget that there are simpler tools to use to make her tax deductible expense record keeping easy. One of the tools is the checkbook register. People kept [...]

Lowering Property Taxes: It Is Possible!

Thumbnail image for Lowering Property Taxes: It Is Possible! May 11, 2011

If you are like many homeowners, you may think that your property taxes are set in stone – that there is nothing you can do to lower them. If you do, then you couldn’t be further from the truth. There are, in fact, steps you can take in lowering property taxes that are quite effective [...]

Tax Refund From Adjusting Your W-4

Thumbnail image for Tax Refund From Adjusting Your W-4 May 10, 2011

Did you get a tax refund this year? It’s estimated that the average tax refund is about $3,000. For the single mom, a nice chunk of money is always welcome. Some use it to pay off bills while others use their refund to buy something they couldn’t otherwise afford. How do you feel about the [...]

Paying Income Taxes Late – Don’t Panic!

Thumbnail image for Paying Income Taxes Late – Don’t Panic! May 10, 2011

In a perfect world, no one would have to pay income tax when they do their tax return. They will have sufficient withholding to earn them no tax liability or even a small tax return. However, we do not live in a perfect word, and you may find yourself with a tax bill that you [...]

Tax Planning: Plan Now for Tax Relief Next Year

Thumbnail image for Tax Planning: Plan Now for Tax Relief Next Year May 8, 2011

When the year comes to the close and you start the task of filing your taxes, chances are you are disappointed in your lack of tax planning for the prior year. One way to avoid this disappointment next year is to begin planning now, and start collecting the documentation you will need. This will help [...]

Income Tax Return Checklist

Thumbnail image for Income Tax Return Checklist April 15, 2011

For the single mom, or anyone else with a lot of distraction, getting the stuff together for the income tax return can be a little overwhelming. Forget a receipt or two and you could miss hundreds of dollars of tax savings. This income tax return checklist will help you get everything you need. If you [...]

Property Taxes: When You Can’t Pay

Thumbnail image for Property Taxes: When You Can’t Pay April 6, 2011

Sometimes, no matter how hard you work, you simply cannot pay your property taxes. This is even more true when you are working within the confines of one income. When you have tried, but failed to get enough money to pay your bill, here are some steps you can take. First, look at your tax [...]

The Earned Income Tax Credit

Thumbnail image for The Earned Income Tax Credit April 5, 2011

When you file your taxes, the Earned Income Tax Credit is one that might apply because of your status as a single mom and your single-income filing setup. This is a credit given to people who work but have a low wage. It provides tax relief in the form of lowering the amount of tax [...]

DIY Income Tax Tools from the IRS

Thumbnail image for DIY Income Tax Tools from the IRS April 1, 2011

If you haven’t filed your income taxes yet, you may be able to save some time using online tools to help you fill out your returns. The IRS is making it easier for the single mom to file her own income taxes in most situations. This will save the average wage earner a lot of [...]

A Property Tax Homestead Exemption Provides Relief

March 28, 2011

A single mom trying to live within her income needs every break she can find. If you own your own home, you may find property tax relief in the form of a homestead exemption. If eligible, you will find that the amount of property tax on your primary home will be assessed on a lesser [...]