Are you done with your taxes? They’re due today, you know. You are? Good, then let’s talk history. Ben Franklin wrote in a 1789 letter, “…nothing can be said to be certain, except death and taxes.” Unless you’re Wesley Snipes, this is most certainly true. Even though taxes have been part of America for centuries — remember “no taxation without representation” from high school history class? — the income tax didn’t appear in this country until
Oh, taxes … how I loathe thee.
It’s not just that I loathe them, though (although I really, really do!) — it’s that I don’t completely understand them. Did you know that tax brackets can change every year? And that every year (for the most part) the amount of money you can sock away for retirement changes? And that that amount also changes based on how much money you make?
I mean — talk about making things difficult.
To help make it through this harrowing tax season, we wanted to
It’s tax time, and that can only mean one thing: a big, fat refund check. (Well, okay, it might mean a big, fat payment check, in which case this is probably not the post for you.)Sure, you could put that extra cash in the bank. Or use it to pay bills or buy food. BO-RING! Wouldn’t you rather treat yourself to a new gadget — especially if it’s one that can save you money, improve your health, or encourage you to read more?I’ve rounded up five way-cool gadgets that are
Image courtesy of ICanHasCheezburgerThis week we have 101 ways to save money online and off, the best of CES 2012, tax tips, filthy rich presidential candidates, saving money in the kitchen, and a playful crow. Christian Science Monitor: Top 9 ways Internet access can save you money – OK, so there may not be a huge number of things here that are a total surprise–most of us know you can save on a car or clothing when shopping online. After all, that’s why Savings exists.
Image by youngthousands via Flickr
When working on our taxes, we’re all looking for new deductions. There’s one area that you may be overlooking: food. Most of the food you purchase isn’t tax deductible, but there are a few instances where it can be. I’m not a tax professional, so be sure to check with your accountant to make sure you are following the tax code properly. Business-related Food and Drink This can be a great deduction for small business owners who are doing
It may be too late to save money on your taxes for the current year but it is not too late to save money on next year’s taxes. One of the ways in which you can lower your tax burden is by buying tax smart investments. Tax-efficient investments offer the greatest return on your money while reducing the income taxes owed.
Here are a few tax efficient investments. Municipal Bonds
Municipal bonds are bonds that are issued by city, state, and local governments. Municipal bonds are popular with