What Taxes Do You Owe on Your Investments?
March 27, 2009
Tax day is quickly approaching and so is the IRA contribution deadline, April 15th. If you haven’t funded your IRA or Roth IRA for last year, time is growing short. Vanguard is always a good option with lots of funds to choose from and Etrade is offering 100 free trades if you open a new […]
Alternative Minimum Tax and Federal Income Tax Withholding Changes
March 20, 2009
How are we supposed to keep up with all the tax code changes? That’s a question a reader emailed in after reading about the First Time Home Buyer Credit and other tax deduction changes we covered the last two days. It’s certainly not an easy task, which is why a whole army of tax prep […]
TaxCut Premium Tax Software Giveaway
March 9, 2009
If you still haven’t prepared your federal or state tax return for 2008 then you may be interested in this giveaway. The people at H&R Block sent me a copy of TaxCut Premium Federal edition, which includes a federal e-file and one state program download. I launched a personal finance software giveaway for Mac users […]
Tax Software & Tax Forms for Your Tax Return
March 3, 2009
Tax software is flying off the shelves these days as people starting preparing their 2008 tax returns and discovering how much money they owe or might get back. I got a good visual of this when I was at the post office last weekend and met a guy who sells Turbo Tax and Tax Cut […]
Tax Forms, Tax Brackets, Tax Credits, Tax Softare, and More!
February 6, 2009
Tax season is approaching and most people are starting to think about filing their tax returns (except some politicians like Tom Daschle and Timothy Geithner). Tax Tips and Resources We’ve been putting together some tax tips to help make it easier for you to prepare and file your taxes this year and wanted to review […]
Tax Preparation Services – Should You Use One?
January 24, 2009
If the federal tax brackets are too much for you to handle you can always use tax prep software like TurboTax or TaxACT which will walk you through it, in some cases you can file for free! If you have a more complicated financial situation or just don’t want to mess with taxes at all, […]
2008 Federal Tax Brackets Explained
January 18, 2009
Federal tax brackets, tax deductions, tax credits… why does it have to be so complex? Wouldn’t it be eaiser to just have a flat tax or a higher sales tax to wipe out the complicated tax code? Yes, a bunch of accountants would be out of business, but February and March would be much more enjoyable […]
Common Tax Forms to Gather For Your Tax Return
January 16, 2009
January is the month when you need to keep a keen eye on mailbox to make sure you don’t overlook any important tax documents coming in. Online services, desktop software, and tax professionals can do the tax filing work, but the most important part about filing your taxes comes from you. You need to make sure […]
Free eFile – Freefile & Online Free Tax Prep Options
January 13, 2009
Freefile and free eFile sites let you prepare your income tax return for free but can they be quality tax prep options if they’re free? Today we’ll take a look at how you can file your income tax return online for free and share our experience with the service. Free eFile For the past five […]
Top Tax Credits For Your Federal Tax Return
January 12, 2009
Some of the top tax credits such as the Child Tax Credit, the Hope Credit, and the Earned Income Tax Credit don’t apply to everyone but if you qualify for credits such as these you could save significant amounts on your tax bill. Tax Refunds While many people hope for a big chunk of money […]