Taxes
There’s Still Time for Retirement Savings This Year
For most tax-related issues, the IRS functions on a calendar-year basis. For example, all of your income made between January 1 and December 31 is taxable. If you have a child on January 1 of next year… that child tax credit isn’t available until next year. However, there are a few cases […]
IRS Announces Inflation Adjustment
For 2008, personal exemptions and standard deductions will rise, tax brackets will widen and workers will be able to save more for retirement, thanks to inflation adjustments announced last week by the IRS.
By law, the dollar amounts for a variety of tax provisions must be revised each year to keep pace with inflation. As a […]
IRS to Begin Taxing Poker Winnings
Gambling winnings have always been fully taxable, but the IRS recently announced that starting next year, casinos and other sponsors of poker tournaments will be required to report most winnings to the IRS.
The new guidance is designed to clear up confusion about the tax reporting rules that apply to poker tournaments. In recent years, some […]
Back-to-School Tax Breaks
This one’s for the teachers out there. My mom was a teacher, my wife’s a teacher… so I know how much time, energy, and especially money some teachers put into their work.
But we here at BeancounterBlog always strive to help you save a bit of money. And the start of the school year […]
How to Tax the Rich
The topic of how best to tax the rich has been debated for… a long time. The rich always complain about being the ones to bear the financial burden of everyone else, and the poor get angry at the fact that the rich are getting fat tax breaks while still buying their yachts and […]
Sponsors
Categories
- Accounting
- Banking
- Bankruptcy
- Budgeting
- Business
- Credit
- Deal of the Day
- Debt
- Education
- Experiments
- Fraud
- Frugality
- Government
- Health Care
- How-to
- Humor
- Investing
- Multi-Level Marketing
- News
- Personal
- Personal Finance
- Product Review
- Question of the Day
- Real Estate
- Retirement
- Site News
- Taxes
- The Economy
- Travel
Proud Member of:
