Tag Archives: Taxes

5 New Ways Young People Waste Their Money

July 24, 2009 – 5:11 pm

Kiplinger’s put together this list of 20 ways young people waste their money (although many of these bad habits are often held by folks old enough to know better). Some of the tips are obvious: Don’t buy a new car or brand-name groceries, turn off your lights when you leave the room, cancel your cable [...]

Posted in Budgeting, Credit, Education, Financial Illiteracy, Personal Finance, Saving Money, Students | Also tagged , , , , | Comments (3)

This Is Not a Post About Jessica Alba

May 6, 2009 – 5:03 pm

April 15th has come and gone, but taxes are still very much in the news these days. The passage of a new $3.5 trillion budget (and the projected $1.75 trillion deficit) has a lot of people talking about the taxes we’ll need to pay all of this money back.  In that vein, I was checking [...]

Posted in Celebrities, Economy, Featured Posts, Government Policy, IRS, Taxes | Also tagged , , , , | Comments (1)

How Tax Rates Differ in the D.C. Metro Area

May 5, 2009 – 2:22 pm

For a Capitol Hill staffer who has $70,000 in taxable income, and is paying taxes on a $250,000 property, the yearly tax difference could be substantial.

Posted in Econ4U, Taxes | Also tagged , , | Comments (9)

Haven’t Filed Your Taxes Yet? Here’s What You Need To Know

April 15, 2009 – 10:42 am

If you haven’t filed your tax returns yet, you’re not alone. The IRS is expecting to receive 20 million returns this week, which means about 16% of Americans put it off until the last minute. It’s not too late to file on time, but the midnight deadline is definitely approaching. If you owe the government [...]

Posted in IRS, Personal Finance, Taxes | Also tagged , , | Comments (0)

Tax Deductions You Didn’t Know Were Legal

March 27, 2009 – 9:19 am

It’s tax time, and those of you braving the process alone may not know of all the deductions available that will save you money. Among the lesser-known writeoffs: Satellite radio. If you have a home office or small business and like to work in a creative ambience, you are allowed to deduct the cost of [...]

Posted in Featured Posts, IRS, Saving Money, Taxes | Also tagged , | Comments (3)

Explaining the Obama Nominees’ Tax Reporting Woes

February 3, 2009 – 1:13 pm

With tax season approaching, and a tax code that’s more complicated than ever, there are many Americans who are confused about just what Tim Geithner, Tom Daschle, and Nancy Killefer did to get themselves into trouble.

Posted in IRS, Taxes | Also tagged , , , | Comments (0)