How to File a Federal Tax ExtensionApril 15 looms on the horizon. There may be any number of reasons that you are not prepared to file a tax return, from not having your dividend statements back, to waiting to get a home buyer tax credit, to straightforward procrastination. No matter your reasons, you can actually file for an extension. Any taxpayer [...]
Tax Tips for 2009 Tax YearTo help you make the most of your 2009 taxes, here are some tax tips to help you organize, prepare, and take advantage of the available tax deductions and tax credits for 2009 tax year. Instead of trying to compile my own list, I reached out to a few personal finance bloggers to share their [...]
5 Reasons You Need a Tax ProfessionalIf you’re responsible for dealing with your own taxes, it can be beneficial to hire an accountant to make sure that you’re deducting everything that you’re entitled to. In most cases, whether you need to use a tax professional depends on your situation. If you are a regular employee who fills in W-2 forms and [...]
Weekly Highlights: March 15, 2009This is another week in the news with the 40+ Alternative Income Ideas and Resources article featured on San Antonio’s News 4 WOAI TV — thank you! Also, I want to mention that Free Money Finance’s March Madness is still going strong and our Extra Income Guide made it through round 2 — hooray! Ask [...]
Weekly Highlights: March 8, 2009Have you started your tax returns yet? If not, please check out my TaxCut Premium Federal + E-file giveaway – the first of four winners will be announced this Tuesday. As for me, my returns are almost done, I am just waiting to open a SEP IRA account with TradeKing and fund my wife’s Roth [...]
Share Your Best Tax Tips To Win TaxCut Premium Federal + E-fileGood news! H&R Block is sponsoring a giveaway for readers of Moolanomy (that’s you). The prizes include 4 copies of the TaxCut Premium Federal + E-file software ($34.95 retail value). TaxCut Premium Federal + E-file software gives you the advanced tools and guidance for maximizing deductions and tax savings associated with home ownership, education, investments, [...]
Weekly Highlights: February 22, 2009I am finally done with my tax returns, and my parents too, but haven’t send them in yet because I like to print them out and go over everything one more time. There’s something about computer screen that doesn’t lend itself to careful error checking. As per my earlier review of TurboTax, I decided to [...]
In my TurboTax Online Review, I mentioned that I owe some federal income tax and is thinking about opening a SEP IRA, or a Simplified Employee Pension Plan. Aside from reducing my tax liabilities, I want to maintain my safe harbor from having to pay quarterly income taxes in 2009. Since I am already doing [...]
TurboTax Online Income Tax Preparation Software ReviewThe other day I was wondering if I owe any income tax this year, so I decided to give Intuit TurboTax Online Federal Free software a try. In general, I was impressed at how far online software industry has evolved over the years (not just Intuit’s). For this 2008 tax year software, you could hardly [...]
Weekend Highlights, December 21, 2008Christmas is quickly approaching and some of you may already be on your way to visit your family. I just want to wish every one a safe journey to your destination and back home. Giveaways To celebrate the Holidays, several PF bloggers are hosting giveaways this week. Here is a list of them according to [...]