Review www.myjourneytomillions.com on alexa.com

Supporters of My Journey to Millions

For Debt Management plans choose MoneySolve.

Why You Should Try To Get the Smallest Tax Refund Possible?

IRSBuilding_thumb.jpg

It may seem like a great idea to expect a large tax refund year after year. Many people anticipate their refunds with plans to use them for vacations and other luxuries they otherwise don’t plan and save for in any other way. However, while you may be used to waiting once a year

Continue reading Why You Should Try To Get the Smallest Tax Refund Possible?

What does your Tax Return Say About You and Your Financial Health?

10401_thumb.gif

I just recently discovered the new York Times Series titled, Financial Tuneup whereby author Ron Lieber attempts

To tackle the never-ending, ever-multiplying list of undone money tasks in your life, he came up with the idea of taking a fiscal health day — a single day to tuneup your personal finances, during business hours.

Continue reading What does your Tax Return Say About You and Your Financial Health?

What is a Sin Tax?

SinTaxcartoon_thumb.gif

I generally have a problem with most so called sin taxes.  I think my main problem with sin taxes have to do with politicians purporting them to be anything other than a way to raise money.

What are Sin Taxes?

Sin taxes can be defined as

A state-sponsored tax that is added to

Continue reading What is a Sin Tax?

Don’t Forget to File your State Income Tax Extension

Filing your Federal Income Tax Extension is easy and should be free, but I haven’t seen much about filing your state income tax extension, or if there are other state forms you may need.  So I researched where to find each State’s tax forms.

Where to go for Each State’s Income Tax Extension Form?

While most

Continue reading Don’t Forget to File your State Income Tax Extension

Turbo Tax Giveaway! Get Your 2009 Taxes Done for Free with TurboTax Premier

This is not a sponsored post, there are no affiliate links.  This is just a give away for you!

For the past couple years I have done my younger brother’s taxes; notice I didn’t use the words “little brother” because that dude is pushing 6’3 while I am maybe 5’8 on a

Continue reading Turbo Tax Giveaway! Get Your 2009 Taxes Done for Free with TurboTax Premier

Proof You can only Push High Net Worth and High Income Individuals So Far!

Maryland.png

One of my favorite sites, The Tax Foundation, had a phenomenal couple posts about Maryland’s so-called Millionaire Tax.  The two main posts are, Maryland’s Millionaires Missing After Tax Hike and Maryland’s Lawmaker Proposes making Millionaires’ Tax Permanent.  Maryland, like many other States out there are hurting for cash, so what else can a

Continue reading Proof You can only Push High Net Worth and High Income Individuals So Far!

Why Doesn't Anyone Feel Remorse When it Comes to High Earners and Income Taxes?

remorse Alternate

A bad ass blogger, Financial Samurai, made a comment on my blog today that really got to me.  His comment was in response to my post Listing Most of Obama’s Proposed Taxes.  Sam, as his random blogger buddies who live across the country call him, said,

It’s one of those things where one

Continue reading Why Doesn’t Anyone Feel Remorse When it Comes to High Earners and Income Taxes?

Long Term Care Insurance May be Federal Income Tax Deductible

I have discussed in the past that Long Term Care Insurance may be state income tax deductible, but I have never really went into the federal tax aspects Long Term Care Insurance. 

Luckily, I don’t have to.  Every year there is an update released by The Corporation for Long-Term Care Certification. 

http://myjourneytomillions.com/2010_One_Page_Tax_Summary.pdf

My Opinion of

Continue reading Long Term Care Insurance May be Federal Income Tax Deductible

Advantages of Using a Prepaid Credit Card

There are many benefits to using a prepaid credit card.  A prepaid credit, also known as a secured credit card  is defined by bank rate as a credit card that, “…requires a cash collateral deposit that becomes the credit line for that account.”

Continue reading Why Use a Prepaid Credit Card?