Archive for February, 2011

How Do You Handle Lending Club Taxes?

Posted by Madison on February 9, 2011

Jill and I were discussing Lending Club tax reporting last weekend, and we thought it would be a helpful discussion for everyone, since many of you have taken advantage of Lending Club sign up bonuses. Is Lending Club taxable? How do you report interest earned on Lending Club loans on your taxes? What do you […]

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8 Ways To Maximize Discover Card Cash Rewards

Posted by Madison on February 8, 2011

Lately, my Discover More card has been getting a lot more use, with all of their current promotions. You can make out pretty well and earn a significant amount of cash back by mixing and matching all of their various bonus rewards programs right now. Here’s a summary of how I’m navigating the Discover card […]

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New 2011 Tax Rules for eBay Sellers: The 1099K

Posted by Amanda on February 7, 2011

The IRS estimates there is a $300 billion a year tax gap, or the amount owed by individuals and businesses versus the amount that is being paid in taxes. In looking to close this tax gap, the government wants to better track business transactions for tax purposes. Buried deep in the health care reform bill […]

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ING Direct $50 IRA Sign Up Bonus

Posted by Madison on February 5, 2011

I just stumbled on a great Free Money offer. It’s especially timely for those of you who are working on your taxes this weekend and want to add an IRA contribution for 2010. Since the ING Direct offer expires in the next few days, we’re featuring a special weekend edition of the Free Money series! […]

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Discover Double Cashback Birthday Bonus

Posted by Jill on February 4, 2011

I just signed up for the Discover More no fee balance transfer card. I was excited to start earning 5% cash back on certain categories. But I was even MORE thrilled when I got an offer for 2% bonus cash back during my birthday month – it makes turning 25 just a little less scary! […]

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Substitute, Improvise, and Make Do With What You Have

Posted by Jill on February 3, 2011

I can’t tell you how many times recently I have been caught without something I needed. I don’t have a car and rely on public transportation and/or walking to get me anywhere I need to go. While it works most of the time, getting anywhere requires a little bit of planning – not great if […]

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The Blizzard via Social Media, Groundhogs, and Investing

Posted by Madison on February 2, 2011

Buried in Snow I think this is the first blizzard we’ve had where almost all of our information came via social media. It’s obviously different than when I was a kid and we would wake up early and listen for school closings on the radio. These days, we get a tweet about school closings, our […]

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7 of the Best Free Finance Apps for the iPhone and iPad

Posted by Amanda on February 1, 2011

Apps for the iPhone or the iPad can run anywhere from $0.99 to $20+ (I found one that is a whopping $999.99) and people are making good income off of creating applications that elevate your phone to a concierge service, game system, and all around personal assistant. But did you know about all of the […]

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