Tax Day is almost over. While that means that most taxpayers are sitting back and enjoying the day, many may be scrambling to remedy last-minute problems. Here are some common mistakes and how to fix them. 1. I can’t find my tax information. You’re not alone. Every year, taxpayers put their tax information in a…
Happy Tax Day! It’s easy to focus on the whole writing a big check to Uncle Sam bit and have a sour taste in your mouth. But don’t despair! Tax Day also means free stuff. And free is good, right? Take advantage of some of the promos and specials running today in honor of Tax…
Ooh, I do love some tax-related drama just hours before Tax Day. And that’s what we got today when a vote on the so-called Buffett Rule was blocked by a procedural maneuver in the Senate by the GOP. Procedurally, the GOP got a win, showing a measure of partisan solitude that they lacked during the…
You have not one but two extra days to file your taxes in 2012. Since April 15th fell on a Sunday this year and April 16th (that’s today) is Emancipation Day in Washington, D.C., you have until April 17 to file. Loads of time, right? But if you’re like me, you’re not ready to pop…
I expect long lines at the post office tomorrow (even though tax returns aren’t due until Tuesday, April 17). Statistically, nearly a quarter of all returns are filed in the last week of tax season. And while a number of those returns will be e-filed, some of them will be popped in the post by…
President Obama and the First Lady managed to do something that many taxpayers haven’t yet done: they have filed their federal income tax returns for the 2011 tax year (downloads as a pdf). Like most married couples, President Obama and the First Lady file as married filing jointly. They also itemized their deductions, something that…
As tax season draws to a close, I’ve been asked a number of times about the most common question I’ve heard from taxpayers this year. It’s not even close: one question has commanded the most attention all season. It isn’t about dependents or exemptions. It isn’t about deductions or expenses. It’s about a credit and…
I’m flying to Seattle in a few weeks to speak at a conference. I am – wait for it – flying coach. I won’t be in a private jet. I may be one of the owners of my company but I don’t command high profile perks or benefits. But CEOs of huge companies like Ford…
Beanie Sigel has a little excitement planned for Tuesday but it has nothing to do with taxes. Sigel’s new album, Broad Street Empire Vol. 1: Lost Files, is scheduled to drop on Tax Day, April 17, according to Philly’s own DJ Damage. Coincidence? Maybe. Or perhaps it’s a clever reference to Sigel’s tax troubles. When…
Money is an issue – and that’s on the fa shizzle… It feels like rapper Beanie Sigel is channeling the 2002 track “Guess Who’s Back” (on Scarface’s album The Fix, featuring Sigel and Jay-Z), all over again. Sigel, whose real name is Dwight Grant, is currently awaiting sentencing on tax troubles. The Philadelphia rapper pleaded…