Picture this: You’ve just completed your tax return for the year. You’re stoked because you qualified for a ton of deductions this year, so you’re getting a huge refund. You are about to send of your tax return and sit back and wait for a hefty … [Read more...]
Itemized Deductions: A Beginner’s Guide
February 11, 2010 By
Have you ever wondered if you can itemize deductions on your tax return? Actually, have you ever wondered what, exactly, itemizing means? If so, you’ve come to the right place. I’m going to teach you the basics of itemizing: What itemizing is, … [Read more...]
What Are the Chances of Being Audited?
January 19, 2010 By
The stress of tax time comes from organizing paperwork, crunching numbers, meeting deadlines and---oh yes---that slight but persistent possibility of having somebody go through your tax return with a magnifying glass looking for errors and omissions. … [Read more...]
Should You Hire a Tax Preparer?
January 12, 2010 By
It’s nearly that time of year again. The stress. The procrastination. The arithmetic. The missing receipts. That’s right; it’s almost tax time! Filing taxes and decoding IRS lingo may be some people’s idea of a good time, but for the rest … [Read more...]
What to Do With A Windfall
January 8, 2010 By
Say you inherit, win, or earn $3,000, $30,000, or even $300,000. Lucky you. What should you do with a windfall of money? You may be inclined to spend it; to buy a new ride or take the trip you've been longing for. The urge to splurge is normal; … [Read more...]
Six Tax Breaks To Look For This Season
December 22, 2009 By
For most of us, tax season is anything but a good time. That said, you may just find some fun in unearthing some hidden tax breaks that you’ve been missing out on! And it's a good year for it: the American Recovery & Reinvestment Act (ARRA) of 2009 … [Read more...]
$6,500 Home Buyer Tax Credit
November 5, 2009 By
Good news for prospective home-buyers: It looks like Congress will extend the $8,000 first-time home buyer tax credit that was slated to end this month and add a $6,500 tax credit for those that have already owned a home. The Senate voted 98-0 … [Read more...]
Cash-for-Clunkers Bill Could Offer $4,500 for Your Old Car
June 11, 2009 By
My father drives an old Lincoln town car that has over 300,000 miles on it. That's right, 300,000. Not only does he drive it, but he commutes over 90 miles each way in it, every day. Everybody who knows him thinks he should have gotten a new car oh, … [Read more...]
There's Still Time to Get $8,000 Towards Your First Home
May 19, 2009 By
I think the $8,000 first time home buyer tax credit is one of the greatest financial opportunities young people have going these days. Unfortunately, unless Congress extends it past December 1, 2009, it won't be around for long. … [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. 