This week was the first Personal Finance Online Summit, held on Wednesday to give personal-finance experts the opportunity to discuss with the president the major financial issues affecting both the country at large and individual households on a smaller scale. At the end, President Obama shared the tenets he says he personally lives by. Here it [...]
April 19, 2011 – 12:54 pm
As you undoubtedly already know, the deadline for filing your 2010 taxes was yesterday. But if you’re reality-television rockers Ozzy and Sharon Osbourne, it was also a good day to pay taxes for 2008 and 2009. Better late than never! On April 4, the IRS put liens on the Osbournes’ two Los Angeles-area mansions to [...]
April 15 is traditionally tax day, but because today is a public holiday to celebrate Emancipation Day in Washington, D.C., the country is given three extra days to file their federal tax returns for 2010. If you’re a wait-til-the-last-minute type, here are three commonly misunderstood deductions and how to claim them on your return: You can [...]
Here at Econ4U, when I catch a celebrity screwing up in a major financial way, I recap the story in our Famous Financial Flubs section. Not because I’m gleeful at someone else’s misfortune, but because it can serve as a valuable lesson for everyday people and help everyone handle their money better. However, WalletPop columnist [...]
It may not be as big as the half-million tax lien that the IRS filed against Val Kilmer in January, but yet another movie star is finding himself in trouble with the taxman. And they’ve made him an offer he can’t refuse. Gossip website TMZ.com reports that the Internal Revenue Service filed a tax lien against Pacino last [...]
February 15, 2011 – 5:15 pm
Welcome to this week’s edition of our Tuesday Top 5, Econ4U’s weekly tips post to help you manage your money in five easy steps. In 2010, the average filer’s tax refund was a whopping $3,036, reflecting some new tax credits to stimulate the economy. A fat check like that gives the average family a whole lot [...]
January 25, 2011 – 1:26 pm
Welcome to this week’s edition of our Tuesday Top 5, Econ4U’s weekly tips post to help you manage your money in five easy steps. From Extreme Makeover: Home Edition to Bridalplasty, American culture has hit a saturation point in our fascination with the makeover. However, focusing some of that reinvention energy toward a more staid subject [...]
August 31, 2010 – 1:51 pm
Welcome to this week’s edition of our Tuesday Top 5, Econ4U’s weekly tips post to help you manage your money in five easy steps. You’re probably not thinking about tax season right now, but fall is a great time to revisit your tax planning strategies. Here are a few tips to make the most of your [...]
Also posted in Budgeting, Housing, Personal Finance, Saving Money, Taxes, Tuesday Top 5
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Tagged Family Budget, IRS, Mortgages, retirement, Saving Money, Taxes, tips
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Judging by the number of people scrambling to get their taxes done, you’d think April 15th came on a different day each year. Like it or not, Tax Day is here. Hopefully you’ve followed Econ4U’s advice and filed your taxes months ago. But in case you haven’t, don’t worry, we won’t tell. There’s still time [...]
February 18, 2010 – 5:35 pm
Do you qualify for the Earned Income Tax Credit (EITC) we talked about the other day? Worried about remembering to file for the credit at tax time? Meet the income requirements and have at least one qualifying child? Then you might want to take a look at the Advance EITC (AEITC). The IRS has made it [...]
