We got a 3% cost of living raise at work; however, after increasing the tax deductions to where they should be after last year's Making Work Pay Tax Credit, some people are actually taking home less money than they did last year. I'm willing to bet most companies did not give a raise, so many people will be looking at a smaller take home amount. I am one of the few who saw actually saw a raise in pay, but… Read the rest

Last year we chose to file an extension, so our taxes weren't due until October 15th. I actually thought we were done on April 4th, and had posted about that but then I went and read a book on self-employment taxes and got myself all freaked out.  This year I hope to have them done by April 15th. It is just too nerve wracking waiting for six more months. Anyway, we owed more money to federal than I'd anticipated, and… Read the rest

This post has been updated for 2010. Please visit the new post Arizona's Working Poor and School Tax Credits for updated information.OUT OF DEBT AGAIN is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to AMAZON.COM. OUT OF DEBT AGAIN is an affiliate for several companies and may be compensated through advertising and marketing channels. This post may contain affiliate… Read the rest

Whew. What a relief to FINALLY have them done, and on their way. I am still a little bit nervous that I have not gotten everything, but I have done my very best. I never did find an accountant, darn it! I am going to keep that on my list of things to do for the businesses. I really hope this coming year I will have our taxes done early, like in February!!  And then I can sit on them… Read the rest