5 Things You Can Learn from Your Tax Return
March 6, 2013
After you file your tax return with the IRS, and before you stick your copy in a box kept in the attic, take the time to look through the results, and learn what you can do to improve your financial situation. Your tax return says a lot about your finances. If you know what to [...]
Why You Should Be Careful Using Online Tax Advice
March 1, 2013
Now is the time of year when nearly every website and blog on the world wide web is offering income tax advice. With the April 15th filing date approaching fast, it’s easy enough to see why. Everyone is looking for tax advice right now, and the preference is always to get it for free. The [...]
Tax Time: What’s Your Filing Status?
February 18, 2013
One of the most basic items you need to tackle at tax time is your filing status. Your filing status dictates your tax bracket, as well as whether or not you are eligible for certain tax deductions and credits that are based on income. Your tax filing status depends on your marriage situation, as well [...]
7 Reasons You Need an Accountant for Your Small Business
February 6, 2013
With the various inexpensive tax software packages available today, many people have fired their accountants and are going the do-it-yourself route when it comes to preparing their income taxes. This can be an excellent idea when it comes to individual income taxes. But if you have a small business you could be setting yourself up [...]
My 3 Biggest Money Mistakes & How You Can Avoid Them
May 25, 2012
[Today I’ve asked Miranda if she could reflect on the big money mistakes she’s made in life and share ways to help you avoid making them as well, thanks Miranda!] Like most of us, I’ve made my share of money mistakes. I’ve been fortunate that I’ve been able to recover from most of them without [...]
TurboTax vs H&R Block at Home Feedback
April 18, 2012
Now that the tax deadline has passed and you’ve all (hopefully) paid your taxes, I wanted to share some feedback from a reader who won one of the tax prep software giveaways. One giveaway was for access to TurboTax online and the other was for H&R Block at Home (formerly named TaxCut). Joe was one [...]
Why You Hate Doing Your Taxes
March 30, 2012
As part of my TurboTax giveaway I asked you to comment on what part of doing your taxes was the most confusing or frustrating. I was expecting to hear a lot of similar frustrations but you actually had a wide range of things that bugged you about doing your tax return. It does make sense, [...]
TurboTax “Under the Hood” Giveaway
March 3, 2012
TurboTax hides a lot of details “under the hood” about tax forms that many of us don’t care to know about. If you’ve used TurboTax to file your taxes for a number of years you might remember that the desktop version of the software had two different modes you could choose between Step-by-Step or Forms mode (you can’t [...]
File Taxes Online with TurboTax
February 27, 2012
TurboTax is one of the most popular tax preparation programs these days. One of the best features of the tax software is it’s easy-to-use interface and the way it walks you through filling out your tax forms. If you haven’t used TurboTax before, it starts by asking questions about your situation and helping you begin [...]
Tax Organization Tips & Giveaway Winner
February 18, 2012
Thanks to everyone who participated in the tax organizer kit giveaway in preparation for upcoming tax season! If you missed it, all you had to do was share a tax tip to enter into the giveaway. Tax Tips As the chart below shows, one tip was by far the most popular. People said it in [...]