February, 2015

Should I Do My Own Taxes? | The First National Bank Blog

February 24th, 2015
Should I Do My Own Taxes? | The First National Bank Blog image

    Whether you should prepare your own tax return this year depends on a number of factors ranging from your comfort level doing the math to major life changes such as marriage or retirement. The case for doing your own taxes: You know more about your financial situation than anyone else. Legitimate deductions you forgot to mention to your tax preparer might suddenly spring to mind when you’re in the thick of doing your own return. Tax preparation software makes it easy to organize, calculate and file your return. Your tax situation isn’t that complex. If you’re single with [ read more ]

Get Ready for Tax Season | The First National Bank Blog

February 17th, 2015
Get Ready for Tax Season | The First National Bank Blog image

Tax season officially kicked off late last month and the countdown to April 15, 2015 is on. The Internal Revenue Service (IRS) expects to receive 150 million individual income tax returns this year. While few people enjoy this process, it is far better to file your taxes than have the IRS call on you—and do so with penalties. Listed below are tips to make filing your taxes as painless as possible. Get Organized The first step to filing your taxes is to gather the necessary forms, and you should receive these in the mail by early February. This will include [ read more ]

Marriage & Finances | The First National Bank Blog

February 10th, 2015
Marriage & Finances | The First National Bank Blog image

You’re getting married, which means you have a lot do before saying I Do. While it may not sound very romantic, one of the most important things a couple can do prior to taking their vows is discussing how they’re going to manage their finances. Starting the Conversation Ask your fiancé if you have any financial habits or burdens that might be of concern. These could range from major student debt to a minor fondness for eating out. Let your future partner say everything that’s on his or her mind without interrupting or being defensive. Then ask if you can [ read more ]