Paying Off Your Credit Card Balance vs. Paying Your Taxes
August 17, 2007
I had a reader ask an interesting question the other day. If I am short on cash, should I pay off my credit card balance or pay my taxes? Obviously if you don’t pay your taxes or credit card bill at all there are legal issues involved but this person is trying to decide which […]
Forgot to Pay Taxes on eBay Income?
August 9, 2007
Minimize Your eBay Taxes & Maximize Your eBay Profits with eBiz Tax Tips What should you do if you “forgot” to pay taxes on your eBay income? I asked this question of a tax friend recently and got a multi-part answer that will likely interest you. The Politically Correct AnswerThe first part of the answer […]
Personal Finance Decision Guide – 1st Edition
April 29, 2007
Simplifying Your Personal Finance Welcome to the inaugural edition of the Personal Finance Decision Guide! Read more about the goals and strategy behind the decision guide here. Then check out the articles listed below to help you focus on simplifying your personal finances by making one decision at a time. If you’ve written about a […]
Are Business Tax Deductions Worth the Risk of Being Audited?
April 25, 2007
Trent at The Simple Dollar is looking for feedback on any article of his that you had a reaction to. In return for feedback, he’s giving away 5 free personal finance books, check out the rules for entering; this is my submission to his call for feedback. Trent recently wrote about his side businesses of […]
Would You Pay Higher Taxes for a Cleaner Environment?
April 20, 2007
Everyone wants a cleaner environment but who’s willing to pay for it? A Global Warming Tax? I heard a blurb on NPR this morning that Americans think the biggest environmental problem we face is global warming. However, when asked if they’d be willing to pay higher taxes to improve the problem the majority of people […]
Did You Know 2007 Tax Season Starts Today?
April 18, 2007
Did it hurt to do your taxes this year? Was it painful to write that check? Was it a hassle to wade through a sea of receipts? Aren’t you glad its over until next year? Well it’s not! Taxes Year Round Although we only have to file once a year, we’re paying taxes almost every […]
Is the Turbo Tax Estimated Taxes Product Worthwhile?
April 6, 2007
I received an email from Intuit today notifying me of a service they provide called Turbo Tax Estimated Taxes that is supposed to be a “quick, easy, and accurate way to calculate and pay your quarterly estimated taxes online”. I’m just now getting ready to make my first estimated payment for my small business and […]
Tax Deduction Baby!
April 3, 2007
I started working on our family’s tax return last night and answered yes to the question in Turbo Tax about dependents for the first time. Of course, our son is more than just a tax deduction to us, he’s also a good excuse to leave work early! Just kidding, being a parent is a wonderful, […]
Keeping Your Tax Return Safe
March 30, 2007
Losing your tax return in a public area is your worst nightmare and an identity thief’s dream come true! Mobile Tax Return I use Turbo Tax to do our family taxes every year. I store the tax file on a flash drive so I can access it from multiple computers. In addition, I have last […]
9 Tax Mistakes to Avoid
March 23, 2007
I recently received an email from LL over at Tax Information about a timely topic, mistakes that people make when it comes to dealing with the tax man. The article lists nine tax mistakes and also talks briefly about how you can correct mistakes that have already been made. Here are the topics that are […]