Tag: income taxes

How to Make Sure Your Taxes Are Done Correctly

Unfortunately, there is no way around doing your taxes. You either need to do ‘em yourself OR get someone knowledgeable enough about tax law to do them. To top it off, you want to make sure they are done right. A couple years ago, I wrote about how the Government Accountability Office (GAO) did a …

Read more

6 Ways to Save Money When Filing Your Taxes

Americans spend $140 billion per year to comply with the tax code – that’s a lot of money. And, although that figure may be enough to tempt you to look for ways to cut back on tax prep services, H&R Block reports that consumers who prepare their returns themselves leave $1 billion dollars in unrealized tax savings on the …

Read more

9 Ways You’re Wasting Your Tax Return

According to an annual survey from Capital One Bank, this year’s average tax refund is expected to be $2,803. With such a nice chunk of change, not dreaming about exotic vacations and enormous televisions is nearly impossible.Pledges to pay down debt and boost your savings account are all well and good, but a quick injection …

Read more

A Handy Checklist for Your 2012 Taxes

Two years ago, we had our taxes done by a tax professional because I knew they were going to be complex. I had just gotten married, did some side work as a designer, we moved to a new house (which meant I would need to pay back my first-time homebuyer credit – or loan if you …

Read more

Why Your Tax Return is Probably Wrong

Okay – before I get started, let me just say that I am not totally against paying taxes. I believe there are public costs associated with having roads, municipal buildings, cops on the street and other conveniences which we should all pitch in to pay for. But what I am against – and what I’ll …

Read more