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Archive for the 'Taxes' Category

Free Volunteer Income Tax Assistance

( Taxes )

Need help filing your tax return? If so, then you should look into the free, IRS-sponsored, volunteer tax return preparation programs.
Trained community volunteers can help eligible taxpayers with all special credits, such as the Child Tax Credit or the Credit for the Elderly. Also, many sites have language specialists to assist people with limited English [...]

Recovery Rebate Credit

( Taxes )

photo credit: mjmalone
New for 2008, there is a Recovery Rebate Credit.  Most taxpayers who received the economic stimulus payment last year will not be able to claim the Recovery Rebate Credit on their 2008 federal income tax returns. A small number of taxpayers who did not receive the full economic stimulus payment last year [...]

National Thrift Week

( Frugality and Taxes )

photo credit: TheTruthAbout…
It’s National Thrift Week!  (Go to http://www.bringbackthriftweek.org/ for more information.)  What are you doing to be thrifty as of late?  I must confess I haven’t been too thrifty lately unless you count getting a pair of stylin’ red pumps from Nine West for $27.99 and long-sleeve t-shirts from Tarzhay for $6.99 each.
With tax [...]

Californians Should File Taxes Sooner, Not Later

( Taxes )

photo credit: Erik Charlton
Though some taxpayers delight in receiving a large refund check each year, I’ve long preached against giving the government (state or local) an interest-free loan.  I’m in favor of adjusting withholdings so that your refund or tax due is less than $500 or so.
However, this year, Californians who are due a [...]

Start the Year Off Right

 

photo credit: sixty69niner
The turning of the calendar to a new year can provide motivation and a fresh start. Leave all your financial garbage behind in 2008. Instead of making resolutions, take action to improve your finances for this year and the years to come.

Set up a Christmas account – Congratulations if you did all [...]

2009 Financial Dates to Know

( IRA and Retirement and Self-Employed and Taxes )

photo credit: sixty69niner
Kiplinger.com has published a 2009 “money calendar”.  Here are some of those important dates that you should make note of -

January 15th – Estimated taxes are due for the fourth quarter of 2008
January 31st – W-2’s and other financial statements for 2008 should begin arriving
March 15th – Last day to use funds [...]

Happy New Year!

( Taxes )

photo credit: saturnism
Happy New Year! As I reflect upon the past year, I realize how blessed am I, and not just financially. Though I didn’t meet all my goals, I have made great strides, personally and financially. I’ve decided to start off the year by giving back to others. This [...]

Five Steps to Take to Prepare for Tax Season

( Taxes )

photo credit: NickStarr
With the year coming to an end in a few short months, it’s time to start thinking about your taxes.

If you haven’t done so already, make plans to use all money in flexible spending accounts (FSAs) – dependent care and/or healthcare. You have until April 30, 2009 to submit claims against [...]