Deciphering the Difference between Dependent and Independent

May 17, 11 Deciphering the Difference between Dependent and Independent

Posted by 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 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 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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Fifteen Fun Tax Facts

Mar 03, 11 Fifteen Fun Tax Facts

Posted by in Taxes

I’ve always loved trivia. Fun facts fill my brain, no matter how useless they may be. Since it’s tax season and you’re probably tired of reading endless articles about how to do your taxes and what not to miss, I thought it’d be fun to still look at taxes, but get some fun facts about them instead of the same old, same old....

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What is Non-Profit Status?

Feb 24, 11 What is Non-Profit Status?

Posted by in Taxes

As I’ve shared before, I’m a big fan of giving to charities and non-profit organizations. I currently volunteer at my local church, where I chase around after teenagers and run audiovisual equipment. Most of the organizations I’ve ever volunteered with or donated to are referred to as non-profit organizations, or NPO’s. ...

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Bad, Bad Back Taxes

Feb 17, 11 Bad, Bad Back Taxes

Posted by in Taxes

Tax evasion is a felony. It’s a bad thing; we’re all required to pay taxes. But, sometimes we just miss stuff. We either think we don’t have to file, or we receive bad information and totally mess up our returns. Soon, you’re getting a notice that you owe taxes from a previous year and you’re panicking. What do you do when...

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