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Taxes

Taxes and Your First Job

by Luke Landes

Yesterday I mentioned earier, this Thursday will be National Tax Advice Day. Yes, it’s a fabricated holiday to sell software and services from H&R Block, but that doesn’t mean we can’t find some good information within their materials. H&R Block has advice for those people in their first job who might be filing their taxes ... Continue reading this article…

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National Tax Advice Day

by Luke Landes

To celebrate National Tax Advice Day (which I predict will soon become a major holiday which we’ll celebrate with staplers and shredders instead of tinsel and mistletoe) on Thursday, H&R Block has set up what appears to be a somewhat complete resource on calculating and filing your taxes. Sure, there are some light topics like ... Continue reading this article…

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Did You Catch These?

by Luke Landes

Here are a few articles that I’ve enjoyed by other bloggers in the past week or so. * Free Money Finance mentions store return policies, a hot topic after the holidays. Stores are getting stricter and you have to play by their rules. * JLP from AllThingsFinancial talks about the Alternative Minimum Tax. * Jim ... Continue reading this article…

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The New Tax Proposal

by Luke Landes

I was thinking about commenting on the latest tax proposal from the president’s advisory panel, but I don’t think it’s a worthwhile topic yet. There will probably a number of changes before anything comes up for a vote, and then more changes after that.

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75 Dollar Surprise

by Luke Landes

As I checked my bank account balance this morning, I noticed something I wasn’t expecting: a tax refund from the New Jersey 2004 FAIR Tenant Rebate Program is scheduled to be deposited on August 1. Even though I don’t directly pay property taxes, I pay them indirectly through a portion of my rent. Here are ... Continue reading this article…

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Property Taxes

by Luke Landes

I am not a homeowner right now for many reasons. Here’s another reason to add to the list: sky-high property tax. Yes, I pay some property tax now, hidden within my rent bill. Landlords pass the cost of taxes onto tenants. Because of the high cost of buying and owning a home, finding money for ... Continue reading this article…

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Free Prizes May Not Be Worth It

by Luke Landes

In some cases, it might be better to decline contest winnings [free WSJ article] than to accept the prize. The income tax due on winnings might be more than what it would cost to buy the prize outside of the contest. In the article, a man declines free American Airlines flights.

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Friday Reading

by Luke Landes

Here’s what I’m reading today, updated throughout the day as I feel like it. Jim Jubak sees a revolt pertaining to property taxes and the Alternative Minimum Tax. Prediction: Oil will either spike to $100 a barrel or it will drop. There is a third possibility that the price will do neither. In conclusion, no ... Continue reading this article…

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Best. Deduction. Ever.

by Luke Landes

Marketplace is a mini radio show on National Public Radio. They air for a few minutes in the morning and a half an hour in the evening, after the markets have closed for the day. The program offers financial news and tends to have interesting discussions about the economy. As we’re coming down to the ... Continue reading this article…

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Emigrant Direct Saga and Found Cash

by Luke Landes

My Wachovia checking account received the two small verification deposits from Emigrant Direct, which was the next step in opening my account with that bank. Unfortunately, when I originally signed up, I submitted an email address I no longer used. After reactivating that mailbox, I called Emigrant Direct’s customer service to have them resend a ... Continue reading this article…

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Tax Time

by Luke Landes

I’ve started working on my tax forms with TurboTax Online through taxfreedom.com, a site that offers free federal and reduced-price state filing. I have almost all the information I need, so I went through to see where I was heading. Thankfully, I took classes last year towards my MBA. If I hadn’t, I would have ... Continue reading this article…

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