Category: taxes

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What Should I Do With My Tax Refund?

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 even on […]

16

State Excise Taxes On Cigarettes – What’s Your Take?

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 is […]

15

What Would Happen If I Don’t Pay My Taxes?

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 not […]

8

$15,000 Tax Credit For Homebuyers.

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 […]

0

Don’t Miss These Overlooked Tax Deductions.

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 guys […]

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