Economic Stimulus Rebate Checks – How to Track Your Stimulus Payment
May 8, 2008
The economic stimulus rebate checks are in the mail, have you gotten your rebate yet? If you’re not sure whether you’re getting any money, check out these economic stimulus check frequently asked questions. If you meet the qualifications and want to know when you’re getting your rebate check, the IRS has put up a site called “Where’s […]
Open a Separate Bank Account for Your Tax Payment or Refund
April 12, 2008
Do you hate the hassle of printing out and mailing in your tax return every year? According to the IRS, 80 million people avoided the hassle last year by choosing to e-File their taxes. For those not aware, e-File simply means you send in your tax information electronically using tax software on your computer. e-Filing TaxesOne […]
Free TaxCut Online Premium Software for the Most Creative Tax Deductions
March 29, 2008
If you haven’t done your taxes yet, the clock is ticking. According to the “Countdown to Tax Day” calendar there are 17 days left until your returns have to be filed. You may actually have benefitted from procrastinating this time. I’m giving away access to H&R Block TaxCut Online Premium + efile to two readers […]
Economic Stimulus Rebate Check Frequently Asked Questions
March 27, 2008
JKLasser, the company that puts out an annual tax guide, sent me the following information about the rebate checks that will be going out to some people. From the looks of things, we should get back $1500. It will be a nice little boost for our vacation fund but I’m sure it won’t help the […]
Watch Out for these Tax Scams, Frauds, Schemes, & Abuses
March 26, 2008
Every year the Internal Revenue Service provides a list of “tax schemes and scams” that they’re on the lookout for, the list for this year was just released two weeks ago. Here are a few of the items to watch out for. Phishing for Financial InformationMost of you probably already know that phishing is the […]
Tax Tips for Working With Your Accountant
March 9, 2008
Even if you hire someone to prepare your taxes, there is still work to be done to gather all the information your tax preparer needs. The tax return your accountant creates will only be as good as the information that you provide them. I think one of the biggest misconceptions about having someone else do […]
Outsourcing My Taxes – Is the Price of Expert Tax Advice Worth the Cost?
March 4, 2008
This is the first year in my adult life that someone other than me will do our taxes. The revelation hit me about a month ago as I started gathering together all our tax documents. My college roommate, a CPA and a tax attorney, was looking for new business for his law firm. Why not […]
Are You Making One of these Tax Mistakes?
February 13, 2008
Below are a list of tax mistakes from J.K. Lasser to look out for this tax season. Make sure none of them apply to you: Not filing because you cannot afford to pay – If you don’t file because you can’t pay the entire tax due, you will only increase the amount you will have […]
What is Earned Income Credit?
January 29, 2008
A couple of years ago, I did my taxes and mailed it to the IRS. Fortunately, I was going to get a refund. Any amount is better than having to send Uncle Sam an additional check. However, when the check came in the mail, I was shocked to discover the refund was even more than […]
Increase Your After Tax Investment Returns With these Tax Deductions
January 28, 2008
As the tax forms for last year’s investment income start to arrive in the mail we’re rudely reminded of the effect that taxes have on our investment earnings. Especially when we lose money and still have to pay taxes, my Oakmark International fund was down about $100 for the year but generated over $1000 in […]
