Tax Return | One Cent At A Time

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Better Ways to Invest Your Tax Refund Money

May 15, 2013 — 7 Comments

Did you get your tax refund money back yet? Did you know that the average person receives a refund of nearly $3,000? If you are receiving a check for three grand, what on earth do you plan on doing with that kind of money?

Investing Tax refund

I know some people would spend it foolishly by taking a lavish vacation in the Caribbean or for a season golf membership. I am not saying those are bad things, but there are plenty of better things that you can do with that chunk of change.

In Investment, Tax Return Investing, Taxes

21 Tax Return Mistakes to Avoid This Year

January 21, 2013 — 12 Comments

There is one thing that raises blood pressure for everything and that thing is the annual tax payment. People work more for the government than for any other person or company and they usually work from January to June just to pay taxes.

1. Never pay more taxes than you really need. Never pay less taxes either. Do your math correct and at least twice review the return before filing.

In Tax Return Tax return, Taxes

Know more About Injured Spouse Tax Relief?

September 22, 2012 — 1 Comment

The following is very informative guest post from Shruti Kumar, I hope none of my readers ever face this situation but, in case, if your spouse gets injured, this article might be helpful from injured spouse tax credit perspective.

Some of us may be confused between injured spouse relief and innocent spouse relief. They may sound similar but are quite different when you want to make a claim. In the injured spouse clause one can claim tax relief when the IRS keeps back a joint refund which is due to you to meet the debts or responsibility of the other spouse.

In Guest Post, Tax Return Tax return, Taxes

2012 Tax Rates and Tax Brackets – Know Your Bracket

May 9, 2012 — 11 Comments

Welcome reader! In this article, we will have a discussion around the 2012 tax brackets, tax rates and standard deduction. Fortunately this year there were no increase in taxes as such, perhaps it’s due to presidential election year. The (in)famous ‘Bush era tax cut’ still continues. But, the ultra rich, watch out for next year though.

Note: This article covers tax information for 2012 tax year. which will apply to the returns due Monday, April 15, 2013.

2012 Tax Brackets

Hope this helps determining your taxes for 2012

In Income Tax, Tax Return Tax return, Taxes

The Pro’s and Con’s of Preparing Your Own Taxes

February 15, 2012 — 28 Comments

With the economic crisis hitting a big part of the world, spending that extra few dollars on filing tax returns can be something you should consider saving. But, before that, let’s consider when its better to prepare your own taxes.

MSN Money suggests asking three question to yourself

In Tax Return Taxes

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Archives For Tax Return

Better Ways to Invest Your Tax Refund Money

21 Tax Return Mistakes to Avoid This Year

Know more About Injured Spouse Tax Relief?

2012 Tax Rates and Tax Brackets – Know Your Bracket

2012 Tax Brackets

The Pro’s and Con’s of Preparing Your Own Taxes

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