By Laura Saunders | The Wall Street Journal The annual scramble to make smart tax moves before Dec. 31 is proving especially vexing this year. Congress still hasn’t settled 2013 […]
Solo 401(k): A $50,000 tax break for self-employed
If you are a freelancer, consultant or other self-employed person, the government offers a $50,000 tax break that could help secure your retirement.
Huge tax increase looms at year-end ‘fiscal cliff’
WASHINGTON (AP) — A typical middle-income family making $40,000 to $64,000 a year could see its taxes go up by $2,000 next year if lawmakers fail to renew a lengthy […]
How to refinance your home if it’s underwater
By Pat Mertz Esswein If the value of your home is less than you owe on your mortgage, refinancing to take advantage of today’s low interest rates – recently 3.7% […]
Samsung: Apple pushed expert witnesses to change their minds
Samsung accused Apple of improperly influencing expert witnesses on Monday, following the amendment of an expert report delivered to the Korean company’s legal team late Sunday night. The accusation came […]
How to Use the IRS as a Credit Card
You may be eligible for a loan from the taxman — and at a decent rate. Here’s what to consider. By Bill Bischoff | SmartMoney Say your overall cash-flow situation […]
CBO: U.S. Falling Off ‘Fiscal Cliff’
WASHINGTON (AP) — A new government study released Tuesday says that allowing Bush-era tax cuts to expire and a scheduled round of automatic spending cuts to take effect would probably […]
Tools to research 529 college savings plans
Nearly all states offer 529 plans, popular ways to save for a child’s future college expenses. The plans allow withdrawals for college expenses that are free of federal taxes. Two-thirds […]
Why nearly half of us don’t pay income tax.
It’s a provocative fact about the tax code: Nearly half of U.S. households end up owing no federal income tax. But it’s not surprising given the addiction to tax breaks […]
Why Filing Your Taxes on Extension Is a Good Idea
If you need more time to get your taxes done right, then file a Form 4868, Application for Automatic Extension for Time to File U.S. Individual Income Tax Returns. If […]