Flash forward several decades, as I prepare the lectures for my university Investments class, I am struck by how easy it is to decide whether to invest in taxable or tax free (tax-exempt) bonds. Learn this quick and easy formula and you will never wonder again whether it is better to snatch up those state or city municipal bonds that are offered by your locale or stick with corporate bonds paying a higher yield.
Category Archives: taxes
WHY I USUALLY DO MY OWN TAXES
“I am proud to be paying taxes in the United States. The only thing is – I could be just as proud for half the money.” — Arthur Godfrey, entertainer courtesy of IRS.gov
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SHOULD I FILE A TAX RETURN IN APRIL OR FILE FOR AN EXTENSION?
I’ve filed extensions before, but this is the first time I decided in advance (not at the last minute) to postpone completing our returns. The first time we filed an extension was when our moron of a tax accountant didn’t return our phone calls and delayed getting our documents in on time.
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Take a Break From Doing Your Taxes
As April 15th approaches, those in the USA are swamped with the arduous task of completing the dreaded tax return. I took the easy way out this and decided to take an extension. That’s another word for putting the dreaded task off. A tax extension doesn’t mean you don’t have to pay what you owe, but only that you can delay sending in the return for an extra 6 months.
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HOW TO HANDLE A TAX AUDIT; THE IRS SAYS I OWE $25,000
The thick IRS letter arrived and I assumed it enclosed the tax forms I ordered. I was wrong. The letter contained a list of 5 sources of income that were not included on my 2010 tax return. Total bill due the IRS including penalties and interest, $25,000.00.
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Herman Cain and the 999 Plan
Aside from the fact that there is no way this proposal will be passed, a national sales tax is regressive.
A regressive tax disproportionately hurts the poor!
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The IRS Refunded Me $800….I Am So Embarrassed
Thus you can understand how horrified and humbled I was when I received a letter from the IRS stating that I had made an error. The letter told me that I did not include Schedule M and that I would be receiving $800
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HOW I SAVED A TON OF MONEY AND YOU CAN TOO
I realized something that the famous financial writer, Jane Bryant Quinn stated in one of her many books; If you don’t see money in your account, YOU WILL NOT SPEND IT.
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DO THIS PERSONAL FINANCE TASK NOW, AND FEEL GREAT
“I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.”
Milton Friedman
All I can say about this quote is “ME TOO.” Yet I also really like some of the stuff taxes pay for, like roads, national parks, social security, education, etc.
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TAX HELP; Tips to Lower Your Tax Bill
The only way to avoid taxes is to be dead or not to earn any money. Which alternative would you choose? As Franklin succinctly implied, there is no positive manner to get away from the tax man!
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