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Hiring Our First CPA

by Smithee

At the age of 32, with our household income breaking the $100,000 (US) mark for 2007, I was finally convinced by family and friends to take our tax preparation to a specialist, a Certified Public Accountant (“CPA”). I was always wary of the idea, primarily because since I started filing taxes at age 16, I ... Continue reading this article…

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Is it Better to Receive a Tax Refund or Owe the IRS?

by Flexo

When you work for a company that manages its payroll properly, federal and state taxes are withheld every pay period. The companies estimate your total tax bill based on your annual salary and divide that amount by the number of pay periods within the year. They get some help from the W-4 form you filled ... Continue reading this article…

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This Week in the Archives: Dividends, Real Estate, and Home Ownership

by Flexo

If you’re relatively new to Consumerism Commentary, these old posts may be new to you. Here’s what was happening here on March 16-22, 2006: * Mar. 16: What $300,000 Will Buy You in My Town * Mar. 17: Benefits of Dividends * Mar. 20: My New 401(k) Fund Option: Real Estate * Mar. 21: I ... Continue reading this article…

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Changed my 401(k) Allocation

by Flexo

Now that my company has officially added a real estate fund to its options, I changed my allocation ratios for future contributions. Half of my employer matching contributions mimic my allocation and the other half is invested in a company stock fund — we don’t get a choice about that half. Keep in mind that ... Continue reading this article…

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Taxes and Your First Job

by Flexo

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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