Among business owners I know, “I can write it off” has become almost a daily refrain. Business owners can definitely deduct legitimate expenses from their income – and in some cases can claim a business loss if expenses exceed income. But not all income tax losses are completely tax deductible. If you have been dragging [...]
Now that the IRS has started accepting returns and distributing tax refunds, many of you are receiving large sums of money. If you’re not careful, you can easily sweep this money into your regular spending, earning several hundred to several thousand dollars worth of “extra” income and having nothing to show for it – it’s [...]
TurboTax is hooking up readers with free federal tax filing today. It’s our Free Money Friday deal this week! TurboTax gave me three free activation codes for the TurboTax Premier online version, so I’m giving them away to readers. How to Get Free TurboTax Codes Leave a comment below by Friday March 25, 9 am [...]
You’ve filed your delinquent tax returns, or perhaps you are still teetering on the edge because of the fear that you don’t have enough money to pay all of your tax obligations. Maybe you are dreading the tax deadline because you have estimated your taxes and know that you will not have enough to pay [...]
Every year April 15th rolls around, and for some people this date comes and goes without filing a federal tax return. Sometimes this is due to missing the tax filing deadline, confusion as to whether or not a person needs to file, or the physical inability to do so. But many times, it is because [...]
