Taxes

Is the IRS Getting More Aggressive?

March 5, 2010

Hello Folks, This is NOT the year to mess around on your taxes. The word on the street is that the Internal Revenue Service is becoming more aggressive in its collection efforts. Three things: 1) The IRS is hiring up. I talked to my accountant yesterday morning about some real estate related issues. It came [...]

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Final Tips from The Tax Lady

February 26, 2010

Please leave us a comment for our book giveaway from The Tax Lady, Roni Deutch. I could post for weeks on all of the great tips that Roni includes in your book, but this will be my last post before the big giveaway. I couldn’t leave out these great tips on a few common mistakes [...]

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Tax Preparation Checklist from the Tax Lady

February 26, 2010

Please leave us a comment for our book giveaway from The Tax Lady, Roni Deutch. Enjoy today’s checklist from the Tax Lady with everything you need to be prepared for your taxes: Personal Data Name(s) and Social Security Number(s) Name(s) and individual taxpayer identification number(s) Childcare provider(s) – name, address, tax payer ID Alimony – [...]

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Reduce Taxes by Buying Your Student a House

February 25, 2010

Please leave us a comment for our book giveaway from The Tax Lady, Roni Deutch. One of the best parts of The Tax Lady’s book is that it seems there is no end to the great tips she gives. The book is really easily laid out and is a wealth of information. While not everyone [...]

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Tax Rant on SUVs

February 24, 2010

Please leave us a comment for our giveaway of book giveaway from The Tax Lady, Roni Deutch. Today I’ve got a rant on something I had heard rumor of before, but still can’t quite believe how messed up our system is. As it happens, an exception to the luxury car rules allows you to use [...]

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Missed Business Expenses on Taxes

February 23, 2010

PLEASE LEAVE US A COMMENT FOR THIS WEEK’S BOOK GIVEAWAY!!! In keeping with our tax week with the book giveaway from The Tax Lady, Roni Deutch, here are the her top ten tax-record keeping tips for small business owners: Keep business and personal tax records separate. Open a separate checking account for your business and [...]

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Beating the IRS – Book Giveaway!

February 22, 2010

As finance bloggers, we’ve received our fair share of finance books, many of which frankly aren’t ones I’d pay for myself. I’d have to say that with our latest book give away I couldn’t be more excited to share it with our readers. Roni Deutch, tax expert and author of THE TAX LADY’S GUIDE TO [...]

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Charity Donations and Tax Deductions

February 16, 2010

As the news dies down for Haiti, the need certainly remains. We thought you might be interested in some of the ins and outs for what you can and can’t claim on your taxes. The US House and Senate unanimously passed a bill in January that allows taxpayers to write-off donations to Haiti earthquake relief [...]

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Merging Finances After Getting Married

January 21, 2010

Conventional wisdom has held that money issues are the most common root cause of divorce. Whether that’s factually accurate, or just the prevailing public opinion, money problems are a huge stressor even for an individual, and that stress can become exacerbated when it involves two people in a relationship. Merging finances after a couple gets [...]

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Sin Tax

January 8, 2010

A comment by David left on a blog post of mine a bit ago (“Winning the Savings Lotto“) got me thinking more about so-called Sin Taxes and their usage in American society. Sin taxes have been around for a long time: Pope Leo X was known to enact taxes on registered prostitutes, and in the [...]

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