It is tax season again, and it seems that every year the tax code in America gets a little more convoluted. One thing in the tax code that has always annoyed me is something calle
Anyone here like doing taxes? Didn’t think so. We all have to do them; we all have to pay money to Uncle Sam (although some get away with paying much less than others). But as
It seems like everyday the folks in Washington are rolling out a new plan to fix our economy. The Federal Reserve is running out of room to cut their federal funds rate, so now th
You might have thought that the $700 billion bailout bill seemed a bit excessive. You'll be relieved to hear that the bill that the President will sign tonight is worth a mere $800
Yesterday Paul Michael wrote an article comparing the income tax policies of McCain and Obama and suggested that he would vote for Obama because Obama's tax policy would benefit ev
I want to keep this factual. This is not an article on who should be the next President, or as these campaigns usually go, who shouldn’t be President. This is a simple presentation
Yesterday I read a news item that stated the House and Senate are considering another tax benefit for homebuyers and homebuilders. The idea the House is considering is basically g
Yesterday I was talking to a friend and he mentioned that his company just started offering the option of investing in Roth 401ks. He was wondering if he should stick with his regu
I received my Social Security statement this week and it was a useless piece of paper to me since I do not qualify for retirement benefits yet. I always hear critics of Social Sec
Both John McCain and Hillary Clinton are proposing a new Gas Tax Holiday that will run during the summer months, bringing “much needed relief” at the pumps. But will it? More than
Wow. I guess pigs may just fly after all. Because, believe it or not, the goverment is actually paying out the economic stimulus checks ahead of schedule. And that means you could
My parents always told me that buying a timeshare is a bad idea because of the inflated upfront cost and perpetual maintenance and exchange fees the timeshare companies pile on.
When I was single, I thought that getting married would reduce my expenses greatly, and after I got married I realized that in some instances
This is really a non-issue, if you work a regular job: Your employer withholds taxes. It's also not much of an issue if you're self-employed and your income is reasonably
I wasn't looking forward to doing my taxes this year. They were going to be more complicated than in years past, because I left my regular job and started working full-time as
Surely by now everyone has heard of the economic stimulus tax rebate. To get it, though, you have to file a return.
Enjoy this lighthearted anecdotal story illustrating the North American tax system.
As you’re no doubt aware, President Bush has created an economic stimulus package in the hopes of stalling the impending recession (or if you believe some, depression) that’s on th
The kind folks at Intuit have given us some free copies of TurboTax. I snagged one that I'm going to use to do my taxes, and once I'm done, I'll post a review and tell
If you don’t know what the AMT is, you may well be in for a shock this year. And if your household income is around $75,000 or more, gross, then AMT could very well take a big bite
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