25 Ways to Save Money...

Wise Bread lists 25 ways to save money . I’ve covered all of these one way or another over the years, but I thought I’d list their suggestions along with what I think (and what I do) about each suggestion. Here goes: 1. Reduce/Eliminate Daily Luxuries – You know...

Form 1040X Instructions...

If you spent days poring over your tax return this year and mailed it in by the tax filing deadline, only to discover that you forgot to claim the computer that you bought as a work deduction, don’t fret! The IRS allows you call a do-over on your taxes, and fix any mistakes after...

What Is IRS Capital Gai...

Whether you’re new to the world of investing, or you’re thinking of selling stocks , bonds , or real estate you’ve had for some time, it is important to consider how you’ll be taxed on those items. Since you only pay taxes on the profit you make, it’s...

Tax Implications of Ret...

When your retirement accounts are growing, it’s great to see the numbers climb. But when you retire and start taking money out of your IRA and 401k, the taxes you owe can take a surprisingly big chunk out of your total. Hopefully you’re taking advantage of the tax breaks that...

How to Pay IRS Taxes â€...

As we head towards the April tax filing deadline in the U.S., hopefully you’re working on your calculations or have everything completed by now. If you’ve gotten your total and see that you owe the IRS some money, don’t fret! There are many ways to get the IRS what you owe them...

Filing Taxes for Kids: ...

If your kid discovered the joys of capitalism this year, raking in the dough from paper routes or pizza delivery, or receiving stocks or bonds instead of toys for their birthday, they may also get to experience the joy of taxes this April. You may be surprised to find that, as...

Tax Implications & ...

Over the past few years, millions of Americans have faced the pain of foreclosure , and many are still navigating the frustrating process of short sales to sell their homes. Each ordeal comes with a long list of hardships, but most people ignore tax implications – until the end of...

How to Pay Federal Esti...

As a small business owner and freelancer, I’m amazed by how quickly my friends with full-time jobs get their taxes done. Their employers withhold taxes year-round, and all that my friends have to do is file by the IRS tax deadline in April to get a tax refund check in May....

Why You Should Stay Far...

In the last few years, all kinds of industries have jumped on the IRS tax refund bandwagon.  Almost half of Americans are issued refunds after filing their taxes, resulting in a profitable marketplace for a number of creative consumer opportunities. There are special deals on cars,...

How Long Does It Take t...

There are times even better than Christmas – like the day that you get your tax refund check. But unlike Christmas, you never know when that exact day will come. The good news is that the speed of getting one’s tax refund has increased exponentially since the early...