Archive for the Taxes Category

The Financial Cost of Winning Big -- And How to Play Smart

The Financial Cost of Winning Big — And How to Play Smart

Winning an expensive prize or a large stack of cash can make your day, but don’t start celebrating just yet. You just might find that your winnings cost oodles in taxes. Here’s where winning big could cost you.

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What To Do If You Can't File Your Taxes By April 15th

What To Do If You Can’t File Your Taxes By April 15th

Here’s what to do if you can’t file or pay by April 15th.

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Should You File Your Taxes Separately or Jointly?

Should You File Your Taxes Separately or Jointly?

In general, filing jointly tends to be more beneficial, but there are some cases when it makes more sense to file individually.

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Keep Your E-Filing Safe and Avoid Tax Identity Theft

Keep Your E-Filing Safe and Avoid Tax Identity Theft

Tax fraud is the third largest theft of federal funds after Medicare/Medicaid and unemployment insurance fraud — and it could happen to you more easily than you think.

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5 Cities That Will Make You Ditch Your Car

5 Cities That Will Make You Ditch Your Car

While many drivers across the U.S. enjoy traffic-free, toll-free roads and relatively low gas prices, car owners in major cities wake up dreading the morning commute. Living in certain cities will make you want to ditch your personal vehicle for good.

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Make the Most of Your Charitable Donations

Make the Most of Your Charitable Donations

Your yearly charitable contributions can be a great way to get a little break from the government and here’s how to get the best bang for your buck.

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Why You MUST Read the Fine Print

Why You MUST Read the Fine Print

No one likes to read pages of fine print, but sometimes skipping over it can lead to a financial disaster. Here’s what to look for when getting yourself into a contract or a loan.

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Even The Blade Has to File a Tax Return

Even The Blade Has to File a Tax Return

Martha Stewart isn’t the only celebrity known to try to evade the IRS. More recently, Lauren Hill has been on the hot seat for skipping out on taxes from 2005 to 2007, failing to file papers for around $1.8 million in earnings.

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Would You Live Abroad?

Would You Live Abroad?

Over 6 million Americans, not including military and government personnel, live abroad in more than 160 different countries. Americans who live outside the U.S. are not counted in the U.S. census, so this is an estimate based on limited data; however what is known is that the number of American citizens who choose to live in [...]

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What Are the Most Common Income Tax Errors?

What Are the Most Common Income Tax Errors?

Thanks to tax-preparation software and online sites, doing your own income taxes is easier than ever before. You’re still the one typing those numbers into the boxes, however, and if you make a mistake entering information, it could end up costing you big time. Here are some common tax-filing errors to avoid.

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