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Taxes Articles

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What’s the Best Way To Settle Your IRS Tax Bill?

By , April 17th, 2018

It’s official: The last day to settle your federal tax debt without incurring penalties. Do you have an IRS tax bill? Finding out that you owe the IRS additional money can be disheartening, but it’s something that you have to handle. Luckily, there are a number of ways you can settle your IRS tax debt. […]


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How to Do Your Taxes on Your Own

By , March 6th, 2018

  This post is sponsored by H&R Block Many people may be intimidated by the idea of doing your taxes on your own. The amount of paperwork, the math, and the terrifying prospect of making a mistake. Plus, opening up yourself to the wrath of IRS auditors can all have a stultifying effect on the […]


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Why Are Bonuses So Heavily Taxed?

By , November 30th, 2017

The holidays bring along celebrations, gifts, and, for some, bonuses. If you’ve received a holiday bonus in the past, you know that they are usually heavily taxed.  Well, why is this and can you lessen Uncle Sam’s tax bite? Why Bonuses Are Heavily Taxed You’ve probably wondered why your bonuses are so heavily taxed. It’s […]


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Analyzing the Numerous Ways Consumers Can Decrease Their Tax Bills

By , November 12th, 2017

There is absolutely no doubt that everyone hates the end of the year for one reason. They know that tax time is right around the corner. For a lot of Americans, this means that it is time yet again to pay a hefty tax payment to the federal government. The good news is that this […]


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Which Country Has the Highest Taxes?

By , October 11th, 2017

Don’t believe any refrains about the U.S. supposedly having the highest taxes of any country — no matter whether President Donald Trump is saying it nor anyone else, it’s not really true.


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Is Putting a 20% Down Payment on a House Realistic?

By , February 7th, 2017

I understand the argument behind the advice of putting at least a 20% down payment on a house purchase. No one wants to pay private mortgage insurance and the idea of getting two different loans to avoid it isn’t that great either. I imagine if you are a previous homeowner and have some equity from […]


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Managing A Financial Windfall

By , August 25th, 2016

Financial windfalls are double edged swords.  One the one hand, you have a large sum of money. On the other, you can be placed into a situation you are not prepared to handle. Sales of real estate or businesses usually involve the conversion of an liquid asset into large amounts of ready cash – presenting […]


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What are the Best Online Tax Services?

By , February 19th, 2016

Many people have begun to file their taxes for 2015 to get their returns early and some have already received refunds. However, everyone has until April 15 to file their taxes. So, if you are still waiting to file, you may already have a tax broker in mind or maybe you are looking for a […]


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Most Retirees Need To Start Tax Preparation By Dec. 31

By , November 4th, 2015

The Internal Revenue Service (IRS) is reminding taxpayers born before July 1, 1945, that they must receive payments from their individual retirement arrangements (IRAs) and workplace retirement plans by Dec. 31. Required minimum distributions (RMDs) are payments that normally must be made by the end of 2015, however, a special rule allows first-year recipients of […]


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What Do GOP Candidates Have To Say About Taxes?

By , October 30th, 2015

One of the most important topics presidential candidates talk about is taxes. People are always wondering what the candidate’s stance on tax reform, Social Security and Medicare is. During Wednesday night’s GOP debate, candidates seemed to have taken a variety of different stances on the big topic. Taxes are a complicated thing Political debates leading […]


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