Tag Archives: taxes

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 in the dark, consider these suggestions from Manisha Thakor, personal finance expert for women and author of On My Own Two Feet: A Modern Girl’s Guide to Personal Finance. Keep reading »

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 April, we asked Regina Leeds and Russell Wild, authors of One Year to an Organized Financial Life, for advice on what we can do now to make next year a lot less painful. Keep reading »

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 cold February afternoon, and voila: a few weeks later I’d have a check from the government I’d quickly blow on impractical shoes, a haircut and half a month’s rent. If I was feeling really responsible, I might sock away half the refund for a “rainy day,” which for my 20-something, job-hopping self meant impetuously quitting a boring job without having another lined up, because, Hey! I’m rich! I just got my tax refund, which is basically the same thing as winning the lottery! Keep reading »

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 do taxes as a couple without killing one another. Keep reading »

Poll: Have You Filed Your Taxes Yet?

Have you filed your taxes yet?

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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 fat dude in an unflattering suit, that’s what. It’s hard not to imagine remedying the giftless-ness of tax season by taking that check and splurging hardcore. And although we probably won’t actually spend our entire tax returns on one particularly amazing item, it doesn’t hurt to dream, right? Personally, I’ve been eying a black leather Proenza Schouler PS1 bag pretty hard. What one awesome piece of clothing/bag/shoe heaven would you spend your tax return on if you weren’t, you know, “being responsible” and stuff? Keep reading »

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