Archive for the ‘taxes’ Category
Thursday, April 10th, 2008
By my calendar, there are only 5 days left until the tax deadline. If you are completing it yourself, you might still be able to make it. If you are turning your information over to professionals, it's probably too late. Not to worry. Your situation isn't beyond repair! You can ...
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Tuesday, March 25th, 2008
Each year, at least $300 million owed to the IRS goes uncollected. In order to reduce the gap between the taxes that are owed and the money the government actually sees, the IRS conducts audits (or examinations). Proportionally, the number of individual tax returns audited each year is not that ...
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Monday, March 10th, 2008
If you are getting a tax refund, you need to do everything possible to use it wisely. Believe it or not, how you receive the refund may be a key to where and when it will, ultimately, be spent. One of the best ways to keep more of your refund is ...
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Monday, March 3rd, 2008
If you find yourself asking this question, you are not alone. In strictly technical terms, U.S. income tax is "voluntary". That does not, however, mean that it's NOT mandatory! It allows taxpayers some flexibility in structuring their finances to limit tax liability. Make no mistake, though. Having options about how ...
Posted in money, taxes | 5 Comments »
Monday, February 18th, 2008
By all accounts, the U.S. Tax Code is long, extremely detailed and confusing. It's no wonder that millions of taxpayers employ professionals when "tax time" rolls around each year. Even when professionals are used, individual taxpayers are held liable for any and all information contained in their personal returns. Before ...
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Thursday, February 7th, 2008
It seems like 2 months is a long time but the tax deadline will be here before we are ready! By now, tax documentation from a variety of sources should be filling mailboxes across the country. Some taxpayers may already have all the information they need to get busy filling out ...
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Thursday, January 31st, 2008
As January comes to a close, there is still no definite word about if or when the proposed tax rebate checks might be on the way to mailboxes and bank accounts across the country. While we are waiting, it would make sense to focus our time and attention on something ...
Posted in budgeting, finances, money, taxes | No Comments »
Monday, January 28th, 2008
Based on news reports from Washington, D.C., there is reason to think that millions of Americans will receive tax "rebates" before the end of this year. The 2008 Economic Stimulus Plan will send $600 - $1200 to approximately 117 million American families. Regardless of the final details of the legislation, ...
Posted in finances, money, money management, taxes | No Comments »