RSSAll Entries in the "Taxes" Category

I’ve Been Audited by the IRS – Understanding the Different Types of Audits

I’ve Been Audited by the IRS – Understanding the Different Types of Audits

Tweet Not All Audits Are Created Equal It was last Friday that I was walking back from the mailbox and flipping through the mail that I saw one of the most dreaded envelopes you could imagine. It had the IRS logo and information in the return address spot. I knew that any letter from the […]

How to File Your Taxes for Free – Free Tax Software and E-File

How to File Your Taxes for Free – Free Tax Software and E-File

Tweet Free E-File for Federal Taxes As if paying taxes isn’t bad enough, having to pay just to complete and file your taxes is a real pain. Wouldn’t it be nice if you could file your taxes for free? The good news is in many cases, you can. That’s right, you could qualify to complete […]

As Your Tax Documents Arrive in the Mail, Begin to Get Organized and Don’t Procrastinate

As Your Tax Documents Arrive in the Mail, Begin to Get Organized and Don’t Procrastinate

Tweet January is flying by, and by now you’re probably starting to get some of your tax documents in the mail. Depending on your situation, it may be as simple as receiving a copy of your W-2, or you may be waiting for a dozen different forms. Whatever your tax situation, it’s important to keep […]

Get Free Advice and Answers to Your Tax Questions – Limited Time Only

Get Free Advice and Answers to Your Tax Questions – Limited Time Only

Tweet Free Tax Answers Until January 31st We’ve closed the books on 2008, so that means it’s time to start thinking about taxes. Are you someone who likes to get going on filing right away, or do you wait until April? Either way, if you have questions regarding your tax situation, you probably realize that […]

Time is Running Out for Making 2008 Tax Deductions

Time is Running Out for Making 2008 Tax Deductions

Tweet Make the Most of Your 2008 Tax Deductions It might only be December and you realize that you still have roughly four months before the tax filing deadline, but that doesn’t mean you should ignore thinking about your taxes right now. Instead of thinking about the April 15th tax deadline, you should be thinking […]

Political Donations Aren’t Tax Deductible?

Political Donations Aren’t Tax Deductible?

Tweet This is a guest post by J. Money covering for me while I’m on vacation. J. Money writes for budgetsaresexy.com – A laid back finance blog of a guy just trying to spice things up a bit. He also finds budgets….well…sexy!  You can sign up to his feed here if you like what you see. […]

Generation X and Taxes: Who Pays More, the Rich or the Poor?

Generation X and Taxes: Who Pays More, the Rich or the Poor?

Tweet This is a guest post by Michael Rubin. Michael Rubin, CPA, CFP, is the author of Beyond Paycheck to Paycheck (a book I recently reviewed) and the blog of the same name features a unique easy-reading conversational style, one you’ll find in this post. You can see Michael live in New York, Philadelphia, Los […]

Make Sure You’re Taking Advantage of the Additional Tax Credit on IRA and 401k Contributions if Eligible

Make Sure You’re Taking Advantage of the Additional Tax Credit on IRA and 401k Contributions if Eligible

Tweet Did you know that you may be eligible to receive an additional tax credit on contributions made to a traditional IRA or other pre-tax retirement account? Depending on your income, you may qualify for up to a 50% tax credit that is in addition to the before tax benefits already applied to the contribution. […]

Your Tax Dollars at Work: $42 Million Just to Mail Out Tax Rebate Reminder Letters

Your Tax Dollars at Work: $42 Million Just to Mail Out Tax Rebate Reminder Letters

Tweet It doesn’t matter where you fall on the political spectrum, but you probably understand that government spending can be incredibly wasteful. There isn’t a better example than this mailing about to go out from the IRS just to inform people that they might be getting a rebate check later this year. That’s right, the […]

Dealing With the Alternative Minimum Tax (AMT)

Dealing With the Alternative Minimum Tax (AMT)

Tweet When it comes to taxes, there is a three-letter abbreviation that is even more vile than IRS, and that is AMT. AMT stands for the Alternative Minimum Tax, and while it doesn’t sound too harmful, you really don’t want to pay it. The AMT was enacted by Congress in 1969 as a way to […]