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Taxes
Categories within Taxes
Financial advice for my former self
This year, our office welcomed a 24-year-old professional into our tight-knit group. Aside from making everyone else in the office feel really, really old, it’s been fun and exciting learning what the younger generation is into these days. Let’s face it — her life is much more exciting than mine. ...
Fixing the broken tax code
What we're currently doing with tax policy in the United States is broken. Our tax code is a jumbled, corrupt mess, more like what you'd find in a Third World country with all the tax preference items that politicians put in to help their key contributors. Just look at the ...
Senate OKs online sales tax measure
The Senate has passed a bill that will permit the collection of Internet sales tax. In an era when so few things are bipartisan, this was a truly bipartisan movement with a 69-27 vote. As you probably know, Internet sellers generally don't collect sales tax on purchases. What you're supposed ...
Sales tax on all online purchases on the way
A movement for the adoption of sales tax on all online purchases is gaining ground. When will the free ride end, and what are your responsibilities?
The two faces of inflation for savers and borrowers
Savers are getting the short end of the stick while it remains a borrower's paradise thanks to low inflation and the Federal Reserve's refusal to raise interest rates. Normally, a serious bout of inflation would result when you have massive federal budget deficits and the Federal Reserve essentially creating money ...
What to do when you can't pay your taxes
What should you do if you can't pay your taxes? You must file a return regardless. If you fail to file and you owe money, the IRS charges a penalty rate that works out to be 60% a year. But for those who file and can't afford to pay, it's ...
IRS Free File program now up and running
The IRS Free File program is now active with links to free tax prep software that's available for about 75% of American taxpayers. In order to use this program, you must have an adjusted gross income of less than $57,000. That still means your effective income can be somewhere in ...
Free smart phone tax filing
If you have a relatively simple financial life, don't pay someone to do your taxes this year. There are several options available for free tax preparation and e-filing. The Free File program continues this year through the IRS. This program allows people who have adjusted gross incomes of $57,000 or ...
Free tax prep for military and civilians
As we approach tax season, TurboTax is offering free simple tax prep for military personnel. E1s through E5s get free federal and state for a limited time. Kudos too to TurboTax for writing additional software that addresses the unique tax situations facing our brave men and women in uniform. Meanwhile, ...
Clark's No-Giftcard Gift Certificate
Clark can't stand gift cards! He'd rather you give cash so your friends and family never have to hassle with expiration dates, fees, limited choices or rules. Next time you give cash for a gift, print out the certificate below and wrap it around your cash gift. Have fun! ...
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