Posts tagged "taxes"

The Many Stages Of Doing Your Taxes (In GIFs!)

Oh, tax season. Doing my taxes stresses me the hell out: I do so much freelance writing that I have one million forms. And trust me, if you screw up your taxes — even unintentionally — the IRS will hunt you down like a dog. I always say this year will be different, this year…

By: Jessica Wakeman / April 15, 2014

9 Indispensable Tips For Tax Season (And Life In General)

Well, it’s April, and you know what that means: tax season is in full swing. Did you shudder just now? Pee a little bit? Plug your ears and start singing, “LALALALA” at the top of your lungs? We’ve been there, but what if this year (and every year from now on) were different? Someone once…

Dolce and Gabbana Guilty Of Tax Evasion

The two iconic Italian fashion designers, Domenico Dolce and Stefano Gabbana, were both found guilty this week of evading taxes on $1.3 billion in income. The case dates back to 2004 when the pair sold Dolce & Gabbana’s main two brands to a Luxembourg-based holding company. Prosecutors claimed that this was done to avoid paying…

By: Mary Odell / June 22, 2013

Houston’s $5 “Pole Tax” Rubs Strip Clubs The Wrong Way (Ha, Ha)

Strip clubs in the fair city of Houston, Texas, will soon be hit with an interesting new tax: a $5-per-visitor tax which will go towards paying for a backlog of the city’s 6,000 rape kits. The Houston City Council passed an ordinance on Wednesday which will require almost 30 gentleman’s clubs to fork over the…

By: Jessica Wakeman / June 29, 2012

Money 101: Last-Minute Tax Tips, Tricks & Advice

Oh, hey there. Guess what day it is? April 17th! No, it’s not my birthday. It’s Tax Day! Alright, so maybe this isn’t an occasion for excitement and joy, but whether you like it or not, taxes must be paid by midnight tonight (unless you are filing an extension or giving the finger to Uncle…

By: Amelia McDonell-Parry / April 17, 2012

Unacceptable: Same Sex Couples Are Paying An Extra $6,000 In Taxes Each Year

Same-sex couples are forced to pay an extra $6,000 a year in taxes because the federal government does not recognize gay marriage, according to an analysis conducted by CNNMoney. Heterosexual couples who are legally married receive financial tax benefits that these gay couples — who may be in committed relationships their whole lives — cannot…

By: Jessica Wakeman / December 28, 2011

6 Financial Decisions From My 20s That I Regret

I’m not even going to sugarcoat it: I’m basically the poster child for the white girl from the suburbs whose dad just took care of all the bills growing up and never taught me anything about finances. They were traditional that way: Dad handled money stuff and Mom handled childrearing stuff. My parents never gave…

By: Jessica Wakeman / July 29, 2011

Adele Hates Paying Taxes As Much As Us Normal Folks

“Trains are always late, most state schools are s**t and I’ve gotta give you like four million quid. Are you having a laugh? When I got my tax bill in from [her first album] 19, I was ready to go and buy a gun and randomly open fire.”
— Could Adele be any more…

By: Jessica Wakeman / May 29, 2011

Money 101: Do Good With Charitable Donations – And Get Deductions, Too!

The onslaught of tax return documents starting arriving in my mailbox a few weeks ago — from banks and places of employment (I had a few last year) — and I began to feel the familiar and perennial angst; tax day is coming! I stuck most of them in a pile to be looked at…

By: Rainbow Kirby / January 28, 2011

Dolce & Gabbana In Some Deep Legal Doo-Doo

Italian luxury label Dolce & Gabbana is facing some serious legal trouble after being formally accused of tax evasion. And according to the charges, this isn’t a discrepancy of just a few million, but more like a debt of $1 billion. While the designers claim innocence, there’s definitely something fishy with the case.

By: Leonora Epstein / November 23, 2010

Money 101: How To Start Prepping Now For Your Inevitable 2010 Tax Return

You’re not going to like this. But now — mid-November — would be a really smart time to start thinking about your 2010 taxes. Yes, going to the gynecologist sounds like more fun. And, sure, right now the only taxes you’re thinking about are the sales taxes on your holiday purchases, but consider this: with…

By: Colleen Meeks / November 15, 2010

Cash & Coupling: Guys Are Intimidated By The Fact That I Do Their Taxes

Men are insecure when it comes to a woman running their finances. Trust me — I know. As a tax accountant, I have seen more grown men cry over their tax situations than at a funeral home. Perhaps it’s that they don’t take care throughout the year to monitor their tax situations. Then again, maybe…

By: Meg G. / April 20, 2010

Money 101: Tax Deductions You May Have Missed

The U.S. tax code has over seven million words in it. Seriously — seven freaking million! Amongst all those pages and phrases are a variety of tax deductions that you can use to reduce the bite that Uncle Sam is taking out of your hard-earned wages. The good news: there are loads. So, if you’re…

By: Chelsea Kaplan / April 19, 2010

How To Make Doing Next Year’s Taxes Less Painful

If you’re like us, you probably spent the better part of the week ripping out your hair as you collected and combed through bank statements, pay stubs, and W-2s to get your taxes finished on time. (You sent in your taxes by yesterday, right?!?!) Since we don’t want to experience a similar last-minute meltdown next…

By: Catherine Strawn / April 16, 2010

Cash & Coupling: Aww, My Tax-Filing’s All Grown Up!

There was a time in my life when I actually looked forward to tax season. Like most people, I had taxes withheld from each paycheck, so that when tax time rolled around each year, I was guaranteed a nice little refund. I’d collect my W-2s, spend an hour or so filling out paperwork on a…

By: Wendy Atterberry / April 9, 2010

Money 101: How To Do Your Taxes With Your Man

Money matters are one of the most common topics couples disagree on, so if you’ve never done taxes with your honey before, you might want to brace yourself. Since April 15 is right around the corner, we asked Ryan S. Himmel, CPA and founder of the personal finance website BIDaWIZ, for advice on how to…

By: Catherine Strawn / April 8, 2010

How Would You Blow Your Tax Return?

Although the worst part of every paycheck is seeing how much has been taken out for taxes, the best part of every year is getting a chunk of those funds back all at once. It’s like Christmas in April and, really, what’s Christmas without the presents? Nothing but a bit of good cheer and a…

By: Lily Q / March 19, 2010

Michael Jackson’s Memorial Exploited Emotions And Wasted Taxpayer Dollars

I’ve already said that I love Michael Jackson’s music and am very sad that he passed away at far too young of an age. I think it’s terribly sad that his children, who have already led such bizarre lives, at least out in public, now have lost their anchor. Which is why it was heartbreaking…

By: Amelia McDonell-Parry / July 8, 2009

Teen To Pay Taxes On Her Virginity

There’s a follow-up to a story we told you about the other day. Alina Percea, the 18-year-old who auctioned her virginity to a wealthy Italian businessman for $13,600, may have to give 50% of her earnings to the government who say her act was “tantamount to prostitution.” The Romanian-born teenager lives in Germany where prostitutio…

By: Wendy Atterberry / May 22, 2009
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