Filing Taxes Late? Here’s How to do it Responsibly

By |July 13th, 2020|Categories: Blog, General Personal Finance, Personal Finance Tips|Tags: , , |

It is said that the only things certain in life are death and taxes. Still, considering current events, 2019 might as well be 1919 since it feels like that year occurred so long ago. However, I think anxiety about paying annual taxes should be added to that list. Over 141 million tax returns were filed in 2019. The coronavirus

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Why Nearly Half of All Americans Pay Nothing in Federal Income Tax

By |November 29th, 2018|Categories: Personal Finance Tips|Tags: , |

When it comes to federal income tax, no one benefits as much as the taxman, no matter where you live. The Internal Revenue Service of the United States collected over $3.4 trillion in taxes in 2017. The only relatively minor silver lining to this fact is that the federal government handed out about $440 billion in refunds that same year.

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Odd Tax Facts You’ve Probably Never Heard Of

By |November 28th, 2018|Categories: Personal Finance Tips|Tags: , |

Even though the collection of taxes has a purpose, it still doesn’t seem to make anyone feel better. (At least, it doesn’t make me feel any better.) However, recently I started looking up unorthodox tax collection methods and found some interesting stuff. My motto in life is that if you don’t laugh for a minute, you’ll just end up crying

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IRS Will Let You Write Off Bitcoin Losses

By |January 25th, 2018|Categories: Personal Finance Tips|Tags: , , , , |

Bitcoin losses can actually work in your favor — you can write them off on your next tax return. 

Is Location Important for Saving Money?

By |April 18th, 2012|Categories: Blog, Personal Finance Tips|Tags: , , |

Where you live plays a big role in how easy or difficult it is to save money. Taxes, real estate prices, employment opportunities are just a few of the things that can be different by location and impact your savings. I live in Dallas, Texas which makes saving pretty darn easy for me. Here's why: No State Income Tax I

What If I Don’t File My Taxes On Time?

By |April 13th, 2012|Categories: Blog|Tags: |

Here's a question some of you might be wondering: "What if I don't file my taxes on time?" We are all busy people, and tax laws are very complicated. You might not have found the time to complete your taxes and you realize now that the deadline is in five days (April 17th, 2012). You're gonna need some options. Luckily