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Tax Extension Filing Deadline - October 15 »

If you filed for a tax extension in April, your tax forms need to be filed by October 15th.  This is also the last day you can you can file to be eligible for the economic stimulus rebate (there are still over 5 million unclaimed economic stimulus checks). Taxes are normally due on April 15th [...]

Reader Comment: We Need a Second Stimulus Check »

I recently wrote about the possibility of a second economic stimulus check, and whether or not it was a good idea. In my opinion, a second economic stimulus check is nothing but political posturing - a calculated move by Barrrack Obama’s campaign to solicit (read: buy) votes. But I love a good debate and I [...]

Over 5 Million Unclaimed Economic Stimulus Checks »

There are currently over 5 million unclaimed economic stimulus checks being held by the IRS. The majority of the unclaimed economic stimulus checks belong to people who do not normally file income tax returns, such as people whose sole source of income is Social Security or veteran’s benefits. One of the factors causing the large [...]

Do We Need Another Stimulus Check? »

Last week I wrote about the possibility of another stimulus check. Since I wrote about it, I’ve gone back and done some more research. Obama’s campaign is calling it an “emergency economic plan” designed to help people in the US combat rising energy costs. This is a two part economic stimulus plan that calls for [...]

Our Economic Stimulus Check Arrived »

Our economic stimulus rebate check arrived in the mail yesterday - $1200! We’re happy to receive it even though we don’t have any big plans in place specifically for the check. Actually, this year we pretty much broke even on our taxes, which is what I prefer. We received a rebate from our state for [...]

Where’s My Stimulus Payment? »

When the IRS announced last week they were accelerating the economic stimulus payment schedule, it caused a lot of confusion. Since then, a lot of people have asked me when they will receive their economic stimulus rebate from the government. I have done my best to answer as many questions as possible, but I do [...]

Economic Stimulus Payments Going Out a Week Early »

The IRS announced today that they will send out economic stimulus payments starting this Monday, April 28th. This is almost a week earlier than the originally planned date of May 2nd. The reason given for the early send off? To stimulate the economy.
Actually, that is the whole reason for the stimulus to begin with, but [...]

Economic Stimulus Rebate - Frequently Asked Questions »

I’ve written about the economic stimulus rebate program a few times on my site, but I continue to receive a substantial amount of stimulus questions in the comments of the articles I have written and via e-mail. Because I have received a lot of questions, I thought it would be good to put the majority [...]

Taxes - Which is Better: Large Refund, or Owe the IRS? »

Today is tax day - I hope you got everything taken care of! Like millions of others, I waited until the last minute. Last year, an estimated 35 million people filed their taxes in the final weekend leading up to tax day, and this year will be similar. Tax preparers and post offices will be [...]

Don’t Pay Your Taxes With Your Credit Card! »

Image by eliazar via FlickrI received a kind letter from American Express today. It was addressed, “Dear Patrick.” How nice.
Then the letter went on to tell me how convenient it would be for me to pay my tax bill with my American Express Business Gold Rewards Card… In fact, I could earn one Membership Rewards [...]

Haven’t Filed Your Taxes Yet? You’re Not Alone! »

Have you filed your taxes yet? I just finished my taxes this week. Unfortunately, the news was not good - my wife and I owe $1,100. But we will get $1,200 for the economic stimulus rebate in May, so that will make up for it. (economic stimulus rebate check schedule)
I had a feeling our [...]

Turbo Tax Deluxe Giveaway »

It’s tax season folks, and if you haven’t filed your taxes yet, now is probably a good time to do so! But, if you don’t mind waiting another week or so to file, I have 2 copies of TurboTax Deluxe to give away.

Unless you are an accountant, use tax software or pay someone!
I have used [...]

When Will You Get Your Economic Stimulus Rebate Check? »

One of the most common questions I have heard regarding the economic stimulus rebate is “when will I get my rebate check?” Until yesterday, there was no answer.
The IRS announced they will begin sending out economic stimulus rebate checks May 2, 2008, and continue through the end of the year. The order checks are sent [...]

You Only Get it Once »

You only get one tax refund and one tax rebate (if you qualify for them). Of course, that makes sense. So why should I point that out?
Because many people get excited when they see they are getting a tax return or any other form of unexpected money. The temptation is to think about everything you [...]

Refund Anticipation Loans Suck »

It’s tax season, and many people look at tax refunds as an easy way to get some “free” money. The truth is, your tax refund isn’t really free money. It was yours to begin with. You just gave too much to Uncle Sam and he was nice enough to hold it for you in an [...]