taxes
2008 Top Financial Web Sites
Kiplinger recently released their top picks for 2008 best investing and financial services web sites. Coincidentally, they picked their own site for the best tax calculator. Take a look at the following sites, the financial fundamentals everyone should know is spread amongst them all!
Bonds: Investinginbonds.com. A one-stop shop, this free site provides historical [...]
Now is a Great Time to Convert Your Traditional IRA to a Roth IRA
You keep reading about ways to make money or take advantage of our down market, usually the article is a hoax or entails a substantial amount of risk. I think we have discovered a great way to not only take advantage of the down market, but also use it for a tax benefit and to [...]
The Tax System – Explained With Beer
From an email-
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this:
The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh [...]
10 Steps to Retire a Millionaire
We have talked about this before numerous times and it seems as though Investopedia has made their own list, very similarly to ours. Its a decent list of steps to take, and we appreciate the fact that they focus on the end objective being retirement not buying something superfluous.
1. Set the Goal
Nobody plans to fail, [...]
Stop Paying Taxes on Work Bonuses—Legally
Christmas is around the corner and for many, this means it’s time for the annual work bonus. If you work for a publicly traded company, I hope your bonus is not tied to your stock price, or you might owe your company! What is the best way to handle a bonus? Save it? Blow it? [...]
Purchase Real Estate Within Your Self-Directed IRA
The increased volatility in the stock market recently has probably got you thinking where you should park your money. One interesting investment option that is overlooked by many is using your IRA to purchase real estate. If you think the real estate market has hit its low, you can purchase a rental home now; using [...]
How Much Are Your State Taxes?
Lately, as we get closer and closer to becoming homeowners, I have become obsessed with all the little taxes, fees and surcharges that go along with it. While I could probably sit down and start writing about all the little details I have found out so far, I would no longer have time to do [...]
Pic.TV’s Preview of An Inconvenient Debt
While our attention is currently abroad in Beijing, watching our fellow citizens win medals left and right (take that France!) we are also keeping an eye on that state of affairs here at home. There is another race coming up soon but won’t commence until long after the Olympics are over: the Presidential Race. This [...]
Renting vs. Buying
It’s the American dream, buy a home and raise a family. For many, buying a home just feels like the right thing to do, but really couldn’t tell you the financial benefits for doing so. In fact, buying for many is simply not worth the cost. There are obvious advantages to owning a home; likewise, [...]
We May Have Found Your Stimulus Rebate Check!
Oh Eureka. So we are hearing from quite a number of people that they haven’t received their economic stimulus check yet, myself included. Well after we got a hot tip, (thank you Greg) the mystery has revealed itself. No thanks to the IRS mind you…
According to Turbo Tax, the difference comes [...]
Why Didn’t I Receive My Economic Stimulus Check?
It’s early May, the last two digits of my social security number are between 00-20 and I filed my taxes on time with a direct deposit and I have some serious spending to do – where is my stimulus? Well, serious spending is more like a new ceiling fan and light fixtures, but hey, [...]
Withdrawal IRS Stimulus Payment From Your IRA Penalty and Tax Free
By choosing to have your 2007 tax refund directly deposited into an individual retirement accounts (IRA) or any other tax-favored account, your stimulus payment will follow suit and also be directly deposited into the same tax-favored account. But don’t worry, the Internal Revenue Service (IRS) is allowing you to withdrawal your money tax-free and penalty [...]
Your Economic Stimulus Rebate Check is Scheduled for Departure
The wait for what some view as a Federal slap in the face and others as relief – the economic stimulus packages are now scheduled for delivery. The IRS has released an on-line calculator to help tax payers determine how much they can expect to receive from their stimulus rebates. In addition, a schedule of [...]
