January 17, 2012 – 4:01 pm
Image: TaxBrackets.org Lindsay Lohan might have received an “A” for behavior on her recent progress report, but she gets an “F” in financial literacy. The former child-star owes nearly $94,000 in back taxes from 2009. MSNBC reported that on Jan. 5 the Internal Revenue Service filed a notice of a Federal Tax Lien against Lohan. The [...]
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 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 [...]
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 [...]
January 11, 2011 – 1:59 pm
Val Kilmer may have played Iceman in Top Gun, but he’s not about to outmaneuver the taxman for the second time. In April 2010, Kilmer settled a $538,858 tax debt with the IRS. But that wasn’t all he owed to the feds, because in November, the IRS filed a new lien — worth $498,165 — [...]
October 26, 2010 – 1:20 pm
Grammy-winning R&B singer Toni Braxton has filed for bankruptcy protection in Los Angeles in a last-ditch effort to pay off her debts, which she estimates to total between $10 million and $50 million. She claims medical bills to treat a heart condition are behind her drained bank account. However, this isn’t Braxton’s first time in [...]
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 [...]
Posted in Budgeting, Housing, IRS, Personal Finance, Saving Money, Taxes, Tuesday Top 5
|
Also tagged Family Budget, Mortgages, retirement, Saving Money, Taxes, tips
|
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. Tax Day has come and gone, but for certain members of Hollywood’s elite, April 15 was just another Thursday. Too bad debt collectors and the IRS don’t see it that way. While [...]
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 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 [...]
