Paying taxes is frustrating enough, but paying to pay your taxes makes it feel even worse! If you're getting a head start on filing your 2010 taxes, you'll want to consider some free filing options. Generally speaking these services offer free federal tax preparation and e-filing … [Read more...] about Consider Free Tax Filing Options
Banking & Credit
Do the math to pick the right type of IRA
Since the tax laws for IRA conversions changed in 2010, now is as good a time as ever to consider which type of investment will make the most money for you in the long run. The basic types of IRAs are Roth and Traditional. A key difference between a Roth IRA and Traditional IRA … [Read more...] about Do the math to pick the right type of IRA
Tax refunds are actually bad investments
It's fun to get a tax refund each year, but really you are just getting your money back from the government who has been keeping it (and keeping the interest you should have gained) all year long. Check your withholdings to try to keep more money now, and less of a refund later. … [Read more...] about Tax refunds are actually bad investments
Plan investment transactions carefully to minimize taxes
Pending a possible change to the tax laws, as of now (August 11, 2010) the capital gains tax rates (the tax you pay in gains in your investments) are subject to increase starting in 2011. For some investors that means it might be beneficial to sell stocks with gains this … [Read more...] about Plan investment transactions carefully to minimize taxes
Don’t forget to claim tax benefits on home energy improvements
Improving your home's energy efficiency saves money each month on your utility bill, and can also mean a free bonus from the IRS. Check out the list at Energystar.gov for the latest credits which can offset your purchase costs. Check with your local utility company as well to … [Read more...] about Don’t forget to claim tax benefits on home energy improvements