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

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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

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

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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.

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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

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

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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

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

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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

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Writing the IRS in Response to Increase in Income due to 1099-C - Five Rules when Replying to the IRS

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As I previously posted about, I learned that, Cancellation of Debt is Taxable Income, when my brother received notice that a creditor he had settled with 2 years ago filed a 1099-C for a deduction for Cancellation of Debt.  Luckily he has a brother who is nice and is willing to do research

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My Last Income Tax Update (hopefully)

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I have given the readers of this blog an insight into my taxes, so I felt the need to give a conclusion to my income tax “situation” (yes, it has been upgraded to a situation).  These past updates include:

Meeting my CPA Tomorrow – What should You Bring when Meeting with your CPA? Taxes

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Where is my 2008 Tax Refund?

Check the status of your Federal Refund with the IRS’ “Where’s my Refund”

I had previously discussed meeting with my accountant, why I wasn’t a huge fan of my account and receiving the news of my New York & Federal income tax refund.  Well its been a while, or at least it feels like

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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.”

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