Monthly Archives: November 2012

Tax Tips for Single Mother

Tax Tips for Single Mother

Becoming a single a mother is very difficult since you have to work as well as take care of house and children every day. Your spending may not get along with your income and problem come when you have to pay taxes. Actually, there are some valuable information to save your money on taxes.

  • If you are an employer, you will get W-4 form. You should fill the form with amount of taxes that you withhold for federal taxes. More numbers that you write, less taxes you should pay. You will receive two exemptions if you have a child. However, the disadvantage that you can get is reduction of taxes return at the end of year.
  • Continue reading