[Insert really boring blog post about taxes here.] Have you filed yours yet?
Screw taxes. I’m over them. So over them, in fact, I decided I’m not paying the IRS another penny. Yeah, that’s right, not one freaking penny. I went in to my online payroll system a few weeks ago and jacked my exemptions up to 18, which means I am effectively paying no more federal income [...]
I’ve been doing a bit of financial spring cleaning lately (yea, I know spring is far gone). I’m quite proud of myself honestly. We are in the process of rolling $4,000 of forgotten retirement funds in to a traditional IRA for Girl Ninja. My last post was an update on how we are doing in [...]
For the first time ever I/we finally owed the IRS money come tax time. I use to think getting a big return was awesome since it was like free money, but then I was reminded it was my money all along. I just loaned it to the government for free all year. Suddenly, a couple [...]
First off, thanks for helping me host an awesome conversation yesterday about charitable gifts and taxes. Y’all were polite and cool-headed, even if you didn’t necessarily agree with the person that commented above or below you. Well played everyone, well played indeed. Anywhoozle, yesterday a reader suggested that anyone who lists charitable gifts on their [...]
So information about Mit Romney’s tax return came out a couple of days ago and not surprisingly, the dude is freakin’ loaded. He made over $20,000,000 a year in 2010 and 2011. Most news stories I read seemed to only care about one thing, his effective tax rate of 15%. Although I don’t like to [...]
Got this email from a PDITF reader a few days back… Do you recommend getting an accountant for pretty much everyone making a decent wage? Currently my wife makes $50,000 a year and I make $70,000. We live in the Washington, DC area. We do no active trading, only W2 pay from our employers, a [...]