It's that time of year again when we hear terms such as W-2, 1099, and 1040. Tax season is here, and it's about to go full tilt. Some will get a refund, but some will owe money to the IRS. Owing the IRS a significant sum of money could be a surprise. … [Read more...] about Taxes Season: What Should You Do If You Can’t Pay Your Taxes?
Twice a year my wife and I give our home a deep cleaning. As part of this process we go through the bulk of our possessions, especially those in our home's storage areas, and analyze what items should stay, and which items we can part with. We do … [Read more...] about 5 Things You Need To Know About Year End Charitable Donations
October is drawing to a close, which gets me to thinking about next yearâ€™s budget. The start of 2016 may be over two months away, but Iâ€™ve already received a note from my employer saying that medical coverage information will be released for … [Read more...] about How Will The IRS 2016 Cost Of Living Adjustments For Retirement Accounts Affect You?
Image courtesy of Mister GC at FreeDigitalPhotos.net Sitting across the table from my wife at a local steakhouse Friday night, she had a kind of look in her eye. She had something on her mind, and it was only a matter of time before she said … [Read more...] about Four Steps to Knocking Out Your Taxes Quickly
I don't think I've ever actually stated the amount of our net worth on this site, and I don't plan on it, but I do want to take this time to talk about where we stand now that we've been debt-free for close to 2 years (excluding mortgage debt). Net … [Read more...] about Our Net Worth and Financial Freedom
I won't claim I'm a tax professional at all. I barely get by on doing my taxes properly using TurboTax as they've gotten much more difficult in the last few years since owning my sites, increased income at work, bonuses, etc. But I do know one thing, … [Read more...] about No, YOU’RE doing your taxes wrong!