Tax Tips for New Families
This summer, my wife and I will be expecting our first child. It’s better to get everything organized before your life changes forever, right? Read on for more tax tips for a new baby. Full story
This summer, my wife and I will be expecting our first child. It’s better to get everything organized before your life changes forever, right? Read on for more tax tips for a new baby. Full story
Is summer is passing you by this year, turning your stay-cation into blah-cation? With Labor Day right around the corner, it’s not too late to put some adventure into your summer by taking a last minute trip or vacation. Full story
Did you get a large refund this past April? More than $1000? Time to sit down, sip your beverage, and learn a bit about how to adjust your withholdings. Full story
Sweden tops the list of the most heavily taxed countries in the world, while the… Full story
In today’s economy, the value of the dollar is weaker than ever and the thought of a digital currency is becoming more of a reality with the recent introduction of bitcoins. Full story
Think you understand Marginal Rates (aka “Tax Brackets”)? As this chart shows, it’s the amount of federal tax you pay on the next dollar of income, changing as that income goes up. But, this doesn’t quite tell the whole story. Full story
America is in a debt crisis, and we are catching up to our own GDP. The contentious question of how to pay off this debt is examined below. Would it be feasible to tax the American people enough to erase our debt? Let’s take a look. Full story
With 2010 now behind us, let’s take a look at what changes the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 has in store for us with regard to our 2011 tax returns. I’ll focus specifically on what is new or different for 2011. Full story
In many cases, the IRS will discover any additional income you didn’t report on your tax return or haven’t yet reported. This additional income comes in the shape of a 1099 form. Don’t fret, because it’s never too late to file it. Let’s breakdown what a 1099 form is exactly and look at some simple steps you can take to if you haven’t filed it. Full story
Every year, around 10 million taxpayers file their tax returns late or not at all. Is it due to an unmotivated spirit or forgetfulness? Since filing your taxes is required, the IRS gives taxpayers the opportunity to file their taxes for past years through the use of back taxes. Full story