Every Dollar Matters

About your Taxes

when it comes to taxes I like to keep it simple. The budget spreadsheet contains the tax tables for the previous year and allows you to estimate how much you will owe in taxes. For lower income families getting an extra $10-20 per paycheck can make a big difference.

Tax law changes all the time. It has changed over the years in favor of the wealthy and in favor of C and S corporations. Those are subjects for a different place.

For the average worker in the US the best way to save on taxes is to contribute to a pre-tax 401k. If you can afford to buy a home this too will give the average middle class family a good tax break.

This site also maintains older tax documents for historical reference and research.