Drivers Of Hybrid and Electric Vehicles In Some States Facing Unexpected Tax

hybridcartax

Beginning in 2013, Virginians who drive hybrid vehicles will face a new – and controversial - $64 tax bill. Last month Virginia governor Bob McDonnell signed a gas tax bill that has attracted attention from states around the nation. The new tax … [Read more...]

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Pros and Cons Of Getting a Tax Refund

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Ah, tax time. That special time of year when calculators are out, shoeboxes full of receipts are being sorted, and we’re all wracking our brains to try to come up with just one more deduction. And for many of us law-abiding citizens, once the … [Read more...]

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Appealing Your Property Taxes Can Save You Thousands

appealingyourpropertytaxes

Property taxes can be appealed? Yep. And apparently a lot more of us should be looking into it, because it’s estimated that 40 percent of Americans are overpaying. How is this possible? Well, the short version is that the property taxes asked … [Read more...]

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Unusual But Legitimate Tax Deductions

sweatingman

We all want to keep as much of our money as we can, rather than send it on to Uncle Sam in the form of taxes. Tax deductions can help you reduce your income, and that means lower taxes. A tax deduction isn’t as valuable as a tax credit (which is … [Read more...]

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Watch Out for the “Dirty Dozen” Tax Scams for 2013

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Every year, the IRS releases its list of the “Dirty Dozen” tax scams. These scams represent the trends in ways that taxes are abused to the benefit of malefactors. It’s important to note that these tax scams include ways that honest consumers … [Read more...]

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3 Most Commonly Overlooked Tax Deductions for Recent Grads

taxdeductions

If you're a recent college grad, this may be the first year you're filing taxes. It’s a major rite of passage in your young-professional life, and it’s your chance to recoup some of the money that’s come out of your paycheck the past year. So … [Read more...]

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Sequester: Is Your State Going to Be Hard-Hit?

states

The big news right now is the government sequester that is about to go into effect. As part of the compromise to pass a fiscal cliff tax deal on January 1, politicians in Congress agreed that a sequester -- or across the board cuts -- would come into … [Read more...]

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Personal Finance Blog of the Week – JoeTaxpayer

Personal_Finance_blogger

JoeTaxpayer may not be his real name, but at JoeTaxpayer.com you can find Joe discussing taxes as well as a whole host of other other personal finance topics: investing, retirement, real estate, and frugality, to name but a few. In between writing … [Read more...]

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Changes to Social Security for 2013

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While Congress was busy discussing the fiscal cliff and the debt ceiling, some people may not have heard about the changes to Social Security for 2013. This year will bring some new rules for taxpayers along with some bureaucratic changes to … [Read more...]

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5 Things to Do to Get Ready for Tax Season

5thingstaxseason

Though it may be the last thing you want to think about right after the holidays, tax season is right around the corner. And now is the time to take some simple steps that will make your life so much easier when it's time to actually file your taxes. … [Read more...]

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Is it too late to file my taxes?

Tax Day

Are you worried about filing your taxes at the last minute? Don't worry! There is still time. Even if you've waited until Tax Day (April 17, 2012) to file your taxes, you can still get the refund you're waiting for (or avoid paying penalties on … [Read more...]

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