I don’t think that getting married should affect your tax situation either way, but our tax code is a monster containing many latent effects from numerous revisions and additions over time. How much of a difference can getting married actually make in your tax return? It depends mostly on how …
I come across many people who make money in ways other than a job with a paycheck. The subject often comes up whether on not they should pay taxes on side income. The IRS states you must file a 1040 if ANY self employment tax is owed, and since they …
When I look at my paycheck, especially when its a check where I worked a ton of overtime, I am always saddened by the federal income tax line. I wouldn’t mind so much if I actually owed them the money, but at the end of the year I end up …
I mentioned in my Introduction to this blog that I am not just writing this blog to share my knowledge, but also to gain more myself. This post is a prime example of that. While writing this post I initially delved into complex tax avoidance strategies and stretch IRAs and …