Taxes

Thumbnail image for The dreaded Death Tax!

The dreaded Death Tax!

We have all heard of it, but most don’t understand it. The Estate Tax, better known as the “Death Tax”, was passed into law in 1916. Over the years the rate has moved up and down dramatically, but those impacted has always been a rather small group of people. According to an article written by [...]

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Your Tax Refund that isn’t

Arthur over at FinancialBondage.org has a very valid point. When you get your “tax refund” in reality, the government is simply returning to you the amount you overpaid throughout the year. It isn’t a refund or a gift. The government has been using your money as an interest free loan, and they are now returning [...]

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Taxes can be funny

The following quotes are very timely and if you haven’t done your taxes yet, might just lighten up the mood enough for you to jump in there and “git’er done”. [The Internal Revenue Code is] about 10 times the size of the Bible and, unlike the Bible, contains no good news. — Don Nickles The [...]

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How to lose a Millionaire

Living near Northern Virginia, Maryland is just stones throw away from our front step. The Wall Street Journal has an interesting article detailing some of the economic woes our neighbor to the North is dealing with. Primarily, they have lost about 1000 millionaires and the tax revenue those families used to provide. You will probably [...]

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Thumbnail image for Time to Pay Those Taxes

Time to Pay Those Taxes

Today is Tax Day and all across the United States, legal, law-abiding citizens are doing something they would rather not do, but do so we can continue to be the greatest country in the world. They are paying their taxes. Whether you have already filed and received your refund or are a last minute filer [...]

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Are you a late filer?

Each year around this time, millions of people begin the process of filing their taxes. Some hope for a large refund, while others (like me) hope that the amount being received or the amount being paid is as close to zero as possible. You see, if you are getting a large refund, that means that [...]

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