Category Archives: Taxes

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

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

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 to a

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

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

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. I

What is a Sin Tax?

What is a Sin Tax?

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 products or

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 States

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

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

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 state to