The thought of being audited by the IRS can be horrifying. Much of that fear probably comes from not really understanding an audit. In many cases, people don’t understand how or why they are getting audited, what they need to do once they find out they are being audited, and what happens next for them. […]
Easy Ways to Spend Your Tax Refund the Right Way
The tax deadline is here! If you are still finishing your tax return today, be sure to see the Last Minute Checklist for Getting Your Taxes Done Right! And if you aren’t going to finish today, you’ll want to head straight for the information in How to File for a Tax Extension. Once your taxes […]
Last Minute Checklist for Getting Your Taxes Done Right
Before you head out to file your taxes before the tax deadline, you’ll need to grab more than just your wallet to pay your tax professional for their services. There are a large number of items you need to bring with you when filing your taxes. In many cases, these items are essential to filling […]
American Express is offering a sign up bonus on the American Express® Premier Rewards Gold Card for 25,000 points and it’s this week’s Featured Deal! The 25,000 points are worth up to $250 in gift cards. The Premier card was one that I had long forgotten about, but resurfaced when I made my list earlier […]
Will American Express Eliminate Repeat Bonus Offers?
One of our favorite strategies to rack up sign up bonuses was highlighted by a reader named Steve who earned $6,000 in sign up bonuses. He highlighted his tips and tricks including the ability to recycle or repeat bonuses offers as often as he can. He shared that in order to recycle a bonus offer […]
The Truth About Why Taxes Are So Stressful
Do you find yourself stressed out around tax time? What about even thinking about doing your taxes? If so, you are not alone. Taxes are often thought of as a dreaded part of the year causing stress and leaving people feeling overwhelmed and depressed. Why Are Taxes So Stressful? Sure, the act of filing taxes […]
Best Way to Maximize Barclaycard Arrival Points for 2.27%
Update: The bonus on the Barclaycard Arrival is now 5%, see the Barclaycard Arrival Plus $420+ Sign Up Bonus for details. The change from 10% to 5% will alter the calculations below. Barclaycard Arrival I picked up the Barclaycard Arrival card* in my Credit Card Application Spree last spring. While I’ve redeemed most of the […]
The Sales Tax Deduction is a deduction of your local sales taxes, when itemizing. What is the Sales Tax Deduction? You are deducting the sales tax that you have paid this tax year on purchases. You can either deduct your state income taxes or your state sales taxes, and you cannot deduct both of these. […]