Tag Archives: dependent

How to Plan An Affordable Funeral

When my brother died last year my sister and I had a regular funeral for him and got stuck with a $12,000 bill. Can you recommend some funeral cost cutting tips or cheaper alternatives? I don’t want to leave my kids with a big funeral bill after I’m gone. With the average cost of a full-service funeral running over $10,000 today, many people are seeking alternative options to make their final farewell more affordable. Depending on how you want to go, here are some money saving options to consider. Continue reading

Do You Need to File a Tax Return in 2015?

What are the IRS income tax filing requirements for retirees this tax season? I didn’t have to file last year, but I picked up a little income from a part-time job in 2014 and I’m wondering whether I need to file this year. Whether or not you are required to file a federal income tax return this year will depend on how much you earned (gross income), the source of that income, your filing status and your age. Your gross income includes all the income you receive that is not exempt from tax, excluding your Social Security benefits, unless you are married and filing separately. Continue reading