Archive for the Taxes Category

Are Free Online Tax Filing Services a Scam?

If you’re like me, you’ve seen the ads offering free online tax preparation, and thought, “What’s the catch?” Is this a phishing scam, or some other type of identity theft rip-off? After doing some research, the answer is no. This is a legitimate service. So, if now you’re wondering, “OK, then how do they make [...]

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IRS Mileage Deduction Rules for Small Business Owners

If you own a small business and drive a vehicle then you’ll want to study the IRS mileage deduction rules so you can maximize your deductions. Whether you know it or not, your car represents one of the largest possible sources of tax deductions for your business. So what do the IRS mileage deduction rules [...]

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Old Tax Software to Prepare Back and Old tax return?

You may be one of those people who missed out filing for their old tax return, and now you are worried about the consequences. Whatever your reasons are, take it easy as there are different ways to file for your previous taxes that’s not much complicated. Tax software has made their entry in the market [...]

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Tips for Filing late Tax Return

Submission and filing of yearly tax returns is on the month of April of each year. With the millions of people trying to hit this deadline, it is not impossible that many taxpayers will not be able to pay up their dues. Despite missing this deadline, you must still act as soon as you can [...]

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Most Overlooked Tax Deductions

In order to minimize your tax bill and maximize your tax refund, you need to make sure to take advantage of every deduction and credit you’re entitled to. To make this a little easier for you, we’ve highlighted 5 deductions that most taxpayers are entitled to take, but often overlook when filing their tax returns. [...]

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IRS Credits and Deductions you Might be Missing

When it comes time to prepare your tax returns, there are so many credits and deductions to consider that it can be easy to forget a few. To quickly solve this problem, you could hire a tax professional, but even so, it is always a good idea to know exactly what you qualify for. Child [...]

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Repayment or Interest Only Mortgage?

We are so glad this perennial old chestnut has turned up. It allows us to answer the question with the provocative assertion that there is no such thing as an “interest only” mortgage! OK, then, more strictly speaking, there’s no such thing as an interest only loan. The mortgage itself might be interest only. But [...]

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Retirement Income Investing: For Worry-Free Retirement

Financial planning can be a difficult task especially if you are planning for retirement. Looking into the future and making assumptions on your lifestyle and the amount of income that is ideal for you is something that cannot be assumed correctly. Remember, the future cost of living or economic factors are unknown. The best thing [...]

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Unraveling The Stock Market Puzzle

I have been hunting around for the best places to invest my money for some years now. You see, I’m not an impulsive person. If anything, I am a little bit obsessive compulsive. I’m moreover a PhD. level student of mathematics. As such, I am interested in the mathematical reasons that underlie investment decisions. I’m [...]

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Why retraining should be top of your New Year’s resolutions

Along with losing weight, joining a gym and giving up smoking, finding a better job or retraining for a new career are the commonest New Year resolutions that people make. Unlike the gym membership promise, retraining and developing your career skills are resolutions that you can keep and could make a big difference in your [...]

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