What’s the Deal with Audits?

Jan 27, 12 What’s the Deal with Audits?

Posted by MoneyThinker in featured, Taxes

It’s tax season, so I’m going to be talking more about taxes over the next few months. I know, it’s not very fun to have to think about, but in the long run, it’s worth knowing more and not having to use it than getting blindsided and not having a clue as to what to do. The first thing that you need to know...

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Don’t Forget these 4 Things this Tax Season

Jan 12, 12 Don’t Forget these 4 Things this Tax Season

Posted by MoneyThinker in Taxes

It’s tax season. I plan on doing my taxes this coming weekend. It’s really not an exciting thing to me, but it has to get done. Why am I doing it so early? Well, because I just want to get it out of the way And you know as well as I do, tax returns are great.  The only problem I seem to be having right now is finding...

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Changes for this Upcoming Tax Season

Oct 26, 11 Changes for this Upcoming Tax Season

Posted by MoneyThinker in featured, Taxes

Yesterday I was babysitting, and when the father of the family I babysit for got home we started to talk about when they would need me to come over again. He started to look at the calendar, and said something about next Tuesday being November 1st. That threw me off a bit, but he was right. Next Tuesday is November 1st. That means...

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Deciphering the Difference between Dependent and Independent

May 17, 11 Deciphering the Difference between Dependent and Independent

Posted by MoneyThinker in Taxes

My taxes last year seemed easy at first. I was working on campus, not really doing a lot on the side. I’d never done them on my own, usually my mom did them, but she was ill last year and so I learned how to do them myself. Not a bad deal, right? My return got… well, it got returned. “There are mistakes on your tax return,”...

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Explaining Tariffs

Apr 14, 11 Explaining Tariffs

Posted by MoneyThinker in Taxes

If you’ve taken any interest in foreign financial policy and international trade, the term tariff may have come across your radar. Now most people that have studied history may recognize the term because of the Boston Tea Party. The Tea Party occurred because of tariffs, you know, taxes on tea. But, how does the tariff system work...

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Taxes and Divorce

Mar 17, 11 Taxes and Divorce

Posted by MoneyThinker in Taxes

I’m not big on talking about depressing topics, but it’s tax season, so I suppose anything having to do with taxes is depressing, huh? Anyway, today we’re going to look at a doubly depressing topic: divorce and taxes. When divorce happens, there’s always a mess with the money and the property between the two parties...

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