Did you file an extension back in April so you could have more time to file your taxes? Well guess what – your due date is coming up next week. October 15th is the tax extension deadline, so be sure to file your taxes so you don’t get in any trouble with the IRS. While [...]
If you pay estimated taxes, please do not forget to pay your 3rd quarter installment which is due at the IRS tomorrow, September 15th. I have been paying estimated taxes for almost 4 years now as a self-employed taxpayer, and while it can be a pain in the butt to set aside that taxes due [...]
You think your taxes are bad? I don’t necessarily think I pay too much in taxes (although I would like to see waste cut back on, for sure, so the taxes I do pay actually go further than they do), but when you look at the tax rates for the rest of the world, [...]
It’s just about that time of year again, when most states in America offer up a few days to shop without paying sales tax. While some states are not having the days this year (Massachusetts & California being two states without “no sales tax” days), many states will have sales tax holiday shopping days [...]
Thanks to my trusty T. Rowe Price monthly newsletter for putting all the information I was wondering about in one place! The 2009 American Recovery & Reinvestment Act, designed and implemented to try to help get America moving forward again, has a bunch of different aspects to it that help out individual taxpayers that [...]
Now that we are about 1/2 way through 2009, it’s time to adjust the withholding numbers on your paycheck, says Kiplinger.com Most of us pay the majority of our taxes due in the 1/2 half of the year, which means that if you leave your withholding at the same level for the second 1/2 [...]
I am not talking about income tax – that’s an entirely different subject and one I don’t want to get into here. I am OK with paying taxes; I understand that is how society works and stays in business. But what I want to talk about in this post are the fees, taxes, [...]
And I am paying mine online with a credit card by using officialpayments.com again, in order to get a few more rail miles in my Amtrak Guest Rewards account. Since my estimated Federal payment is almost $3,000, that’s an additional 3,000 miles towards a free bedroom upgrade on Amtrak. In just one year [...]
So, my taxes are being filed this week – and I owe money again. Granted, I would rather owe money than get a refund, for sure, as that would mean I gave the government use of my money interest-free all year long! Being self-employed certainly has its benefits in terms of working when [...]
If you are among the people who had too much taxes withheld and you are getting a refund, congrats. I owe taxes because of my “all-1099″ status all year, and even with paying estimated taxes every quarter, I still owe money! When I was working for the man I always tried to break [...]
Yes, we know – cigarettes are bad for you and not too many people dispute that fact. They also supposedly increase everyone’s health care premiums and medical costs, making them public enemy #1 sometimes. One way that states are trying to both raise money for insurance coverage and reduce the amount of people smoking [...]
Nobody likes paying taxes, but it’s a fact of life – we all have to do it. Taxes pay for everything you could possibly think of (and some things you don’t want to think of)…but what would happen if you didn’t pay your taxes? There are many stories out there about people choosing to [...]
Guess it’s time for me to start looking for a house again, huh?
“The Senate voted Wednesday night to give a tax break of up to $15,000 to homebuyers in hopes of revitalizing the housing industry, a victory for Republicans eager to leave their mark on a mammoth economic stimulus bill at the heart of President [...]
In doing some research for preparing all my tax documents for my brother the accountant, I came across an article at Kiplingers that outlined some of the most overlooked tax deductions. While some of them I already knew about, some I did not – so I figured I would mention them here if you [...]
I am very lucky to both A. have a brother who is an accountant, and B. have a copy of the tax book I gave you guys a discount on the other day…but what I don’t have is an affinity for doing my own taxes. Sure, I used to do them back in the day, [...]
