Taxes

Self-Employment Taxes: What You Need to Know

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This guest post comes from Michael, a contributing editor of the Dough Roller, a personal finance and investing blog, and Credit Card Offers IQ, a credit card review site. Earlier this year, I was fortunate enough to be able to leave my 9-5 job and work on my own as a contractor. Setting my own [...]

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Ask the Readers: Have You Filed Your Taxes Yet?

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Even though I have all of my W-2s, 1099s and other tax documents, I’ve been pushing off filing my taxes for this year. I’m not really sure why — probably just because I am super busy with work, life, etc. — but it’s one of those things where I keep telling myself to just take [...]

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The Paper Documents You Actually Need to Keep

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In an age of online banking and bill pay, it’s easy and makes a ton of sense to go paperless, especially when it comes to the traditional bank and bill statements you’ve been getting in the mail for years. But for as many documents that we can store digitally, there are a few items that [...]

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How to Cut the Federal Deficit

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I clipped a news article way back on August 11, 2005 when the Associated Press reported President Bush’s comments on a new transportation-spending bill. According to the article, “President Bush calls the massive $286.4 billion transportation spending bill he signed into law Wednesday a job creator.” The article goes on to describe the bill that [...]

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The Right Way to Pay for Health Care

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The health care bill that finally passed the U.S. Senate has many differences from the bill that passed the House of Representatives, but both bills have additional taxes designed to close certain revenue shortages. In the House bill, some of the finance for expanding coverage to the millions without health care comes from an income [...]

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What Will Your Tax Refund Look Like This Year?

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Now that we’re in 2010, tax time is around the corner. While there aren’t too many people who actually like to pay taxes, everyone likes to see if they’ll be getting a big (or any) refund come April 15. As employers prepare to send out W2s and 1099 statements, you can get a peek at [...]

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Should the Estate Tax Be Permanently Eliminated?

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The Estate tax, a tax on the value of assets at death before ownership is transferred to heirs, has been subject to many pressures and changes over the years. Up until 1981, estate tax rates up to 70 percent were applied to the entire value of an estate with only a $50,000 exemption. Since the [...]

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