Tag Archives: Income taxes

Do Your Own- or Get Help?

No Gravatar

So, if your income tax preparation involves a few W-2 (salaried income), 1099s for interest and dividends and capital gains, even a 1099B for stock transactions (NOT Crypto, nothing more than 5 transactions), then you should be doing your own taxes.  Because a professional is going to have charge way more than you want to pay to prepare your taxes.  And, the professional won’t be able to come up with a lower tax bill than you could by yourself.

Continue reading Do Your Own- or Get Help?

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter
Share

Kessler Earns a Boatload of Pinocchios

No Gravatar

Kessler in the WAshington PostI don’t know about you, but I routinely read “The Fact Checker” by Glenn Kessler.  He is normally a pretty good read- and to be honest, I don’t read it to determine how many Pinocchio’s he decides to award, but for the explanation as to why a statement is accurate or not.  This past issue (at least when I was incensed enough to write this post) was way below his normal competency… No, it was totally unacceptable.

Continue reading Kessler Earns a Boatload of Pinocchios

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter
Share

Free is never really free

No Gravatar

Mea Culpa!!!!!

I really should have thought about this when I was presenting the results of studies on what tax programs folks can use.  (To recap- if you are at the 50% income level or below (~$66K or below), there are free programs that let you file your taxes.  [Note:  Many of them actually charge for state filing; it’s just the federal filing that’s free.]  One offering is great if you don’t itemize; if you do, these folks recommend that you choose another.  But, if you an unincorporated  business, own (all or part of) an established business (that requires separate tax filing), possess a moderate-to-large stock portfolio, own a rental home or building… then you need our services.)

Continue reading Free is never really free

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter
Share

NOW!!!

No Gravatar

Come on!   You’ve been given much more time.

Because the 15th of April fell on a Sunday, the normal scheme of things would be that yesterday would have been the day to file your taxes.   Except the IRS relies on Andover (MA) to process a bunch of electronically filed forms.  And, the 16th of April was Patriot’s Day.

Continue reading NOW!!!

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter
Share