February 16, 2010 – 3:10 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. We’re now less than two months away from April 15th, the day the tax man gets his due. You may not even be thinking about your 1040 yet, but there are some [...]
February 12, 2010 – 12:07 pm
This year, when completing your tax return, take a closer look at the deductions and credits you qualify for. With the troubled state of the economy, many people may find themselves in a different tax scenario than years past – which could mean a bigger check from the government! A perfect example of this is [...]
December 15, 2009 – 5:45 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. If you’re a small-business owner, you’ll want to pay close attention to today’s column. You may just qualify for one of the following deductions, which could save you major money on your [...]
December 11, 2009 – 5:55 pm
If you’ve been judiciously saving up for your first home but didn’t make it in time for the $8,000 tax credit deadline on November 30, here’s an early Christmas present for you: The incentive has been extended through April 30, 2010. The terms of the tax credit have been expanded to include current homeowners who [...]
October 9, 2009 – 4:13 pm
It wasn’t too long ago that Nicolas Cage, the National Treasure star, put a few of his houses up for sale in efforts to pay back some of the $6.3 million he owed the government in unpaid back taxes. But as his homes sit unsold, the IRS filed another tax lien on the actor whose government [...]
April 15th has come and gone, but taxes are still very much in the news these days. The passage of a new $3.5 trillion budget (and the projected $1.75 trillion deficit) has a lot of people talking about the taxes we’ll need to pay all of this money back. In that vein, I was checking [...]
April 15, 2009 – 10:42 am
If you haven’t filed your tax returns yet, you’re not alone. The IRS is expecting to receive 20 million returns this week, which means about 16% of Americans put it off until the last minute. It’s not too late to file on time, but the midnight deadline is definitely approaching. If you owe the government [...]
Before the financial crisis I, like most Americans, received a lot of credit card offers in the mail. What used to be a steady stream has now slowed to a trickle so I’m paying a little more attention to the occasional “good deal” teaser offer. Last week one of them caught my eye. Capital One [...]
As you already probably know, General Motors CEO Rick Wagoner has been asked to step down by the White House after 32 years with the company. As the AP notes: Wagoner isn’t the first CEO to lose his job as part of a government bailout. The CEOs of mortgage giants Fannie Mae and Freddie Mac [...]
It’s tax time, and those of you braving the process alone may not know of all the deductions available that will save you money. Among the lesser-known writeoffs: Satellite radio. If you have a home office or small business and like to work in a creative ambience, you are allowed to deduct the cost of [...]
