Each year around tax time, I go through all of our personal receipts, bank statements, household utilities, and medical bills/receipts in an attempt to stay organized. Here are some of the time-saving tips I use to keep all of our personal, household, and tax info organized. Plus tips for how long and which tax papers to keep.
Last-Minute Income Tax Tips For Individuals, Families & Small Businesses
The key to lowering your tax liability is to reduce your adjusted income to its lowest possible amount. Here are some ways to do that, plus great last-minute tax tips for all you procrastinators!
Get Ready For Next Year’s Taxes… NOW!
Now that Tax Season is over and you have (hopefully) completed your tax returns and put them behind you, here are some things you can do to make the next tax season even easier. Things to do WAY before April 15th…
What To Do When A Spouse Dies: How To Get A Handle On Your Finances
When your spouse dies, what in the world are you supposed to do next? How do you keep your head above water — financially — in addition to keeping it all together emotionally? Here are some tips for getting your financial things in order, so things will go more smoothly regarding money and paperwork after the loss of your spouse.
Watch Out… They Are Out To Get Your Tax Rebate Check!
Marketers are seeing dollar signs, and they are pulling no punches with ideas on how you can spend your government stimulus check. Here’s what to watch for, so you don’t get taken by someone telling you how to spend your tax rebate check.
What Are You Going To Do With Your Tax Rebate Check… Stimulate The Economy Or Pay Off Debt?
Tax rebate checks — also known as Economic Stimulus Payments — will be sent out in May of 2008 to 130 million families. Their purpose is to stimulate the economy. I can’t help but think they’ll simply be used to pay of debts. How does that stimulate the economy?
Do I Have To Pay Quarterly Taxes?
Do I have to pay quarterly tax payments? Many people don’t realize they need to pay quarterly payments until it is too late and you are stuck with a tax penalty.This article discusses who owes quarterly tax payments, how much and when must you pay.
Tax Tips For Buying A Home: Mortgage Interest & Personal Mortgage Insurance (PMI)
If you’re considering purchasing or renovating a home, there are several ways to turn your expenses into tax deductions. In this article we discuss tips to decrease your tax bill when purchasing a home.
Marriage and Taxes – What You Need To Know
Getting married is a wonderful event. But after the celebrations are over, there are many decisions you will face as a married couple. This article lists a few of the tax decisions newlyweds will face in the beginning.
Types of IRS Audits – What You Need To Know
You never know when or if you will be audited. But the best way to be prepared is to know what to expect and to maintain your tax documentation. This article discusses the 3 types of audits and what to expect in each.
