I think there is some confusion surrounding the magic number of $600. I hear people say, “Well, I only earned $500 from that company, so I don’t have to claim it on my taxes.”

Usually this person works a regular job, with a regular paycheck . Let’s say they make $20,000 a year.  With [CLICK TO CONTINUE...]

I finally sat down this weekend and started to seriously look at our taxes. I know, I know! As a personal finance blogger, I should have had them done months ago! Unfortunately, I am still blaming the whole computer backup disaster for my troubles and tardiness.  What will my excuse be next year?  Probably [CLICK TO CONTINUE...]

In July 2010 I had a backup accident with my computer.  I’m still experiencing issues from that time.  One huge problem was that I used tax software and I had made an electronic copy of our income tax returns.  You know, trying to go paperless?   I think I’ve learned my lesson by now and [CLICK TO CONTINUE...]

One of my many tasks for my employer is to process the payroll and print out checks.  Since we are all salaried and paid twice a month, this is usually an easy and -  dare I say – almost boring task since usually everything stays the same month after month. However, the first payroll [CLICK TO CONTINUE...]

Seven weeks ago I told you about my experience in ordering the transcript of our income tax return.  With that post I included a scanned image of said transcript to show others what I’d received from the IRS.  I complained that this is not what I was promised in conversation with the IRS “This [CLICK TO CONTINUE...]

A couple of weeks ago, while recovering from the Great Backup Accident of 2010, I shared How to Get a Copy of Your Federal Tax Return.

I was told by the agent I spoke with that it would take a “couple of weeks” to get the transcript back, since I’d called in with my [CLICK TO CONTINUE...]

On Saturday our income tax refund landed in our checking account. It was significantly higher than I’d anticipated which freaked me out a little bit when I saw it.

I opened H & R Block At Home 2009 and calculated the difference. It was exactly $664 which I recognized as the amount we’d paid [CLICK TO CONTINUE...]

As I’m sure we all know, there’s a lot in the health care bill that was passed which we didn’t know about. After all, we had to pass the bill to find out what was actually in it. That’s so interesting. You would think any new bill would be read thoroughly and examined with [CLICK TO CONTINUE...]

For as long as I can remember, the state of Arizona has taken a percentage of our Federal withholding. But that is about to change. Beginning on July 1st, 2010,

For example, let’s say your gross pay is $1000 and your Federal withholding is 7% of your gross, or  $70.00.  Your Arizona state withholding [CLICK TO CONTINUE...]

I know of a person who has his state withholding from his payroll check set high purposely to remove $1300 more than is necessary, since he regularly owes about that amount to the Federal government.

I don’t feel comfortable challenging his method, nor do I feel he would take kindly to my making some [CLICK TO CONTINUE...]