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Category Archives: Taxes
Making the Case against Receiving a Federal Income Tax Refund
Millions of Americans celebrate receiving an income tax refund each year. Many of these same people live each month under the burden of financial hardship, struggling to make ends meet, often falling behind on living expenses and debt obligations. The … Continue reading
Ways to Find Money and Offset Social Security Tax Hike
Paychecks are getting smaller. While many Americans are breathing a sigh of relief that their income tax did not increase, there is nonetheless a tax increase that will impact all paychecks. The Social Security payroll tax rate was reduced for … Continue reading
Facing Student Loans after Graduation
College graduation is approaching for many. It can be a very uncertain time financially so thinking of making loan payments when regular income is not established can be difficult. Unfortunately, many avoid doing anything. Becoming delinquent or defaulting on student … Continue reading
Spending Your Tax Refund the Right Way
It’s that time of year again and I’m not talking about spring. Its tax season and hopefully you are getting a nice surprise this year from Uncle Sam. But, don’t go blow it on that nice new 3D LED TV … Continue reading
Posted in Money, Personal Finance, Success, Taxes, Taxes
Tagged Jesse Tran, money, Saving, Tax refund, taxes
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Should You File Taxes Yourself?
During the first couple months of every year, I am frequently asked, “Where should I go to get my taxes done?” And I usually respond with the question, “Have you tried filing your return on your own?” For those that … Continue reading
USE LEAP YEAR TO GET YOUR FINANCIAL HOUSE IN ORDER
If there’s one thing everyone wants, it’s more time, and that’s exactly what we have this year. A once every four-year phenomena of the calendar known as Leap Year is providing us with 24 extra hours this February 29. For … Continue reading
Payroll Tax Cut Provides Employers with Teachable Moment
Thanks to Congress extending the payroll tax cut, millions of Americans will continue to receive a fatter paycheck. However, a recent National Foundation for Credit Counseling (NFCC) poll revealed that 66 percent of workers did not realize that their paychecks … Continue reading
Getting Your Financial House in Order
The holiday decorations are put away. Closets get some rearranging to accommodate gifts received. The days are getting longer. Mail consists of holiday bills and tax documents. This is a perfect time to organize your financial information to get a … Continue reading
Choosing a Tax Preparer
If you pay someone to prepare your tax return, choose that preparer wisely. Taxpayers are legally responsible for what’s on their tax return even if it is prepared by someone else. So, it is important to choose carefully when hiring an individual or firm to prepare your return. While most preparers provide good service, a few unscrupulous tax preparers file fraudulent tax returns and ultimately defraud their clients.
