Articles

Maximize Your Tax Refund

Are you expecting a tax refund this year? If so, you'll want to make sure you get the most out of it! Everyone wants to get the biggest tax refund possible. The tax laws can change over time, but millions of Americans expect to receive a sizable refund check soon after they file their tax returns for the year.

Will Getting Married Change My Tax Situation

Are you planning to get married or are getting married soon? If so, congratulations! As you and your significant other plan for the big day and your life together, there is a lot to take into consideration. And as fun as planning your wedding may be, don’t forget about your taxes as well – just because you have...

The Difference Between a Tax Credit and a Tax Deduction

“Just write it off.”

Tax Tips for Uber, Lyft, and Other Ride Sharing Drivers

When you're a driver for a ride-sharing company such as Uber or Lyft, the most important thing to understand about your taxes is that you are probably not an employee of Uber or Lyft. Drivers for these companies are usually independent contractors, a fact that has tax implications, both at filing time and...

What Parts of My House Payment are Tax Deductible

While there are plenty of expenses that come along with owning a house, there are some tax benefits too. If you’re looking to get the most out of your home, here are five tax breaks for homeowners you want to stay on top and keep a record of.

Can You Deduct 401K Savings From Your Taxes

The contributions you make to your 401(k) plan can reduce your tax liability at the end of the year as well as your tax withholding each pay period. However, you don’t actually take a tax deduction on your income tax return for your 401(k) plan contributions. This is because you receive the benefit of a tax...

I've Started My Own Business Now What

Congratulations! As you start to find your bearings and navigating your way as a new business owner, it’s important to remember certain tax implications. Rivermark breaks down a few tips to get you off on the right tax foot and keep your business running smoothly throughout the year!

Tax Benefits for Having Dependents

Kids can be overwhelming when they are cooped up in the house during summer break, but they are also blessed tax-savers when you file your taxes. There are some tax benefits you can take advantage of to maximize your tax refund if you have kids and other dependents.

Can I Claim My Girlfriend or Boyfriend as a Dependent?

Are you living with your girlfriend or boyfriend? Have you ever wondered whether or not you could claim them on your tax return as a dependent? Like many things in life, it depends. Even if it feels like an awkward thing to wonder, it’s worth the ask.