Buying a home can be a lot of different things. It will most likely be the most money you will spend on any single purchase. It may be the biggest debt you ever incur. And very likely, it could be the best investment you will ever make. Needless to say, it is a major decision to be made.
Ginita Wall points out 5 common tax myths that everyone should know about, especially with the deadline for filing right around the corner.
I would like to address some of those common tax myths that most people have heard about, although don’t really fully understand. Another source of information is TurboTax.com and the easy to use site will explain the tax myths as well as ensure that you get the biggest possible refund.
Despite popular belief, there is no evidence to suggest that if … Read the rest
Now that your vacation has ended, it is a good time to begin your year on the right side with your taxes. Being prepared will enable you to get full income compensation through the help of tax volunteers.
The opening date for filing your taxes was Jan 2,2014, you could complete your taxes for filing using Turbo Tax 2014 prior to that date. Thus, this is the right time to start filing. An advantage of filing very early is that you will get your refunds earlier which is very much a logical action to take.
There is nothing better this time of year than watching the Superbowl especially if your team made it. Even if they did not, the Superbowl is an exciting game that even the less inclined football fans will be watching. With everyone’s eyes on the game, the commercials draw in viewers like no other event in the world. Wives and Mothers and disinterested daughters will even enter the room to check out the coveted spots. That is because the commercials are great during the game, and Turbo Tax will be apart of the game day festivities. These clever and reality based … Read the rest
The IRS is well known for pulling strong-arm tactics on those who do not pay their taxes, but to be honest, they do have a softer side for those who have a legitimate reason for being late with their payments. To make it easier for you the taxpayer, as well as the IRS, they have developed programs for you to use, to get your tax payments back on track again, and in their good books again, as it were.
Installment agreement is an IRS debt relief program aimed at those who owe a large amount … Read the rest
Follow the tips that I have prepared for you and you will be able to fund projects you never thought you would be able to fund. And learning about finances is a great in many ways. Investing the right way and reducing your spending through a budget are all great talents to have today.
When you are saving for an emergency fund, aim for a minimum of 3 to six months worth of living expenses. This is not a large quantity, contemplate the difficulty in discovering new employment in the event you ever lose your … Read the rest