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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

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Step 11 of 12 Towards Financial Freedom: Track Your Progress

Update every bit of progress you make on the debt spreadsheet you created earlier this year. Keep your spreadsheet in a visible place so you can quickly and frequently track your progress. Watching those numbers shrink will give you the motivation you need to work harder and make it all happen quicker. Just imagine; one

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What’s the Difference Between a Tax Credit and a Tax Deduction?

“Just write it off.” “Go ahead and deduct it.” “I think there’s a tax credit for that.” Although you might have heard or even uttered one of the sentences above, have you ever wondered what it actually means? While both tax deductions and tax credits can save you a significant amount of money on your

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Step 10 of 12 Towards Financial Freedom: Make It Automatic

Now that you’re maximizing your payments toward the debt you’ve prioritized, make sure it happens by automating your payments. Set up an automatic transfer in your designated amount from your checking account or your savings account to that debt each month, and it will be well on its way to disappearing! Need help? Meet with

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How to Dispute an Error on Your Credit Report

As a financially responsible individual, you should be checking your credit on a regular basis. If all goes well, your credit card statements and report hold no surprises. Sometimes, though, you may find a mistake. When this happens, you’ll need to officially dispute the error to fix your score. Credit Report MistakesMost credit report errors

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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 him or her 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. A boyfriend or girlfriend can be

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More Reasons to Love Being a Member of DoverPhila

Your credit union membership is about the trust and care of community, built around where you live, work, learn, and play. That’s why we’ve made it so that your DoverPhila Federal Credit Union membership saves you money through exclusive member only offers through our trusted partners. Through Love My Credit Union Rewards, credit union members

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