Ever wondered what the differences are among tax software programs? Maybe that only keeps nerds like me up at night, but there are differences. Examples: The most popular tax software is also the most expensive. And some cheaper programs charge … [Read more...]
Special Tax Situations: Audits, Extensions, Payment Plans, and Quarterly Payments
Editor's Note: This is the last in our six-part No-Stress Guide to Filing Your Taxes. You can start at the beginning with Part 1: Your Tax Document Checklist. For most taxpayers, completing your tax return simply means mailing off your 1040 … [Read more...]
Need a Tax Break? Here’s a List
Everybody wants some tax breaks...or a few more. When it comes to taxes these breaks---credits, adjustments, and deductions---are always your friend. They’ll lower your bottom line, reducing the amount you owe or increasing your tax refund. So … [Read more...]
Common Tax Schedules: The No-Stress Guide To Filing Your Taxes, Part 4
We're in the middle of the "No-Stress Guide to Filing Your Taxes". We've already covered: A tax document checklist: A guide to get you started Choosing the best method to file your return Tax software: When to use and how to choose Today, … [Read more...]
Tax Return Preparation Options: Calculator, Computer, or CPA?
As you gather necessary tax documents and prepare to start your tax return, it's time to decide how you are going to file. And these days, you have several choices. You can go old school and break out the pencil and paper. You can buy tax … [Read more...]
Your Tax Document Checklist: The No-Stress Guide To Filing Your Taxes, Part 1
This Website is all about taking confusing, boring topics and presenting them as clearly as possible. And few topics are more confusing and boring than taxes. So whether taxes simply fail to excite you or flat out freak you out, we're going to try … [Read more...]
Self-Employed? Need to Deduct Big Ticket Items? Get Crackin’ with the Section 179 Deduction
If you're self-employed or a business owner and you haven’t heard of the Section 179 deduction, it’s time to get familiar with it, because the Small Business Jobs and Credits Act of 2010 has increased the thresholds on this valuable tax deduction … [Read more...]
Side Income: Is It a Hobby or a Business?
Shannon works in sales where she makes decent money and lives in a nice house with her family. Shannon doesn’t dislike her job, but it’s not her passion. So every Friday, at the end of a draining 40-hour work week, Shannon hurries home to spend … [Read more...]
I'm David Weliver. At 26, I had NO savings and NO financial plan. I was maxed out, stressed out, and fed up. Then, I changed. I repaid $80k of debt, tripled my income, and bought a home. I'll show you how to get similar results.