Fixing Your Mistakes: Filing An Amended Return

Tax Day was just over a month ago which, of course, means that my inbox is now filled with the inevitable panicked emails from taxpayers worried about mistakes. Missed forms 1099. Overlooked deductions. Social Security numbers that aren’t quite right. Here’s what you need to know: mistakes are totally fixable. There are two ways to … Read more

2015 Tax Rates, Standard Deductions, Personal Exemptions, Credit Amounts & More

With tax season firmly behind us (er, for those of you who didn’t file for extension), now is a good time to take a look at your current financial picture and check to see how it squares against the 2015 tax rates, adjustments and other tax items. If you aren’t expecting any significant changes, you … Read more

11 Reasons Why I Never Want To Own A House Again

(Author’s note: This article was originally posted on September 27, 2013. I am reposting it here today as part of the dialogue about renting and homeownership that inspired an e-book on the topic, launching today.) Home, Sweet Rental: An eBook From ForbesHomeownership isn’t all it’s cracked up to be. Learn how to find the perfect … Read more

Oh Baby! Social Security Announces Most Popular Baby Names Of 2014

The most popular names for babies born in the United States for 2014 are… Noah and Emma. The list of the most popular baby names of 2014 as determined by Social Security Administration data was released earlier today. The baby naming statistics were based on nearly 4 million births in the United States for 2014. … Read more

Top 10 Most Expensive Real Estate Tax Bills Found In Just 2 States

There is some good news to be found in the real estate market these days. While home prices aren’t generally on the rise, neither are real estate taxes. In 2013, the median U.S. real estate tax bill was $2,132. That’s according to a Zillow analysis that used the most recent data available. That number is … Read more

What To Do When You Can’t Pay Your Tax Bill In Full

Ready to file your federal tax return? If you’re ready to file and make payment, check out these prompt payment options. But what if you can’t pay what you owe? File anyway. Penalties apply for failure to file and failure to pay. To reduce the hit to your wallet from penalties, be sure to file … Read more

5 Things Taxpayers Are Irrationally Afraid Of – And Shouldn’t Be

Tax issues cause some folks to act in an irrational manner. True, the taxman shouldn’t be ignored. But feared? Nah. Here’s my list of the top five things that taxpayers are irrationally afraid of and shouldn’t be: Being aggressive when it comes to deductions. You’re entitled to take deductions. C’mon, say it with me now: … Read more