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Filing Your 2008 Taxes With the Economic Stimulus (Recovery Rebate Credit)

by Flexo

If you didn’t received a payment from the economic stimulus that was devised by the United States government last year and your situation now qualifies you for the credit, you should claim this amount when filing your 2008 taxes. On the 2008 tax filing forms, there is a line designated to enter this amount, listed ... Continue reading this article…

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Personal Income Statement, November 2008 (Net Income: $22,787)

by Flexo

Along with the monthly personal balance sheet, which I use to track my net worth from month to month, I publish a report that outlines my income and expenses. The two reports together help me focus on the total picture. My “extracurricular” income — money I’m earning outside of my day job through writing for ... Continue reading this article…

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Does Penny-Pinching Encourage Economic Decline?

by Flexo

About the author: This is a guest post by Carson Brackney, writer for Personal Finance Analyst. Personal Finance Analyst is an online community of bloggers dedicated to taking the mystery out of money and helping you to live a happier, more successful life with the money you have. In the wake of 9/11, President Bush ... Continue reading this article…

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President-Elect Obama’s Approach to the Economy

by Flexo

CNN Money is presenting an in-depth feature explaining where President-elect Obama stands on a variety of economic issues. Here are some highlights: Temporarily eliminate taxes on unemployment benefits. Tax oil profits and use the money to help fund $1,000 rebate checks for consumers hit by high energy costs. Tax carried interest as ordinary income rather ... Continue reading this article…

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Income Tax Filing Deadline is Today for Those Who Have an Extension

by Flexo

This is a reminder in the form of an article I posted a few weeks ago. If you’ve filed for an extension for reporting your 2007 federal income tax, your deadline is today. Here are some important resources to help you file today without a penalty. File your taxes for free. The Free File Alliance ... Continue reading this article…

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Personal Income Statement, September 2008 (Net Income: $7,473)

by Flexo

While September wasn’t as bountiful as August, I’m still adding to my bottom line. Even though my balance sheet showed a decline, it was mainly due to unrealized losses in investments, not a lack of income. Each month, to accompany my balance sheet, I publish my income and expense report to keep myself motivated to ... Continue reading this article…

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Deadline for Income Tax Extension Filing, October 15, is Almost Here

by Flexo

If you’ve filed for an extension for reporting last year’s federal income tax, your deadline is quickly arriving. Here are some important resources to help you make that deadline. File your taxes for free. The Free File Alliance allows residents in most states to file for free as long as the taxpayer meets certain qualifications. ... Continue reading this article…

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Support Entrepreneurs in Developing Countries With Kiva

by Flexo

Kiva is an international non-profit organization that facilitates “microlending” for the purpose of its mission, alleviating poverty across the world. The organization allows those who wish to contribute to lend money in small amounts to entrepreneurs in the developing world. Kiva’s website lets you browse entrepreneurs’ profiles to select the recipient of your micro-loan and ... Continue reading this article…

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