Jan
14
If the Treasury Secretary Can't Figure Out His Taxes, How Can We Do It?
January 14, 2009 | Leave a Comment
Obama's pick for Secretary of the Treasury has a problem. He didn't pay his taxes. How can a guy that heads up the Treasury (you know the department that contains the IRS) not pay his taxes?
According to various news sources Timothy Geithner didn't pay self employment taxes while working for the International Monetary Fund.
[N]ewly released [...]
Jul
21
How Long Should I Keep Credit Card Statements?
July 21, 2008 | 1 Comment
Have a pile of credit card statements? Find out how long you need to keep your old statements and why.
When deciding what financial records to keep and what to throw away, there are several important criteria. Do you use your credit card for business expenses? Do you have any tax deductible purchases? [...]
Jul
11
What Happens to My Stimulus Check If I Move?
July 11, 2008 | 11 Comments
Expecting your stimulus check but you've moved since you've filed your taxes? There are a few things you need to do to make sure you get your stimulus payment.
According to rumors on the internet, the post office is not supposed to forward mail from the IRS. However I have yet to find an authoritative source [...]
Jul
9
The Stimulus Payment Was a Ridiculous Political Stunt
July 9, 2008 | 5 Comments
Now that most of the payments have been sent, we can analyze the Economic Stimulus Package of 2008. Was the economy stimulated? Did the payment really help people? Was it all worth it?
I've answered so many questions about the stimulus payment that I've quite frankly gotten sick of the whole thing. It's ridiculous how much [...]
Jun
26
When Will I Get My Stimulus Check?
June 26, 2008 | 66 Comments
The IRS is sending checks to taxpayers through the Economic Stimulus Package. The IRS sent the first wave of payments via direct deposit. Now the IRS is sending out stimulus checks via mail to those who didn't qualify for the direct deposit. Now some people are asking, "where is my stimulus check?" I'll help you [...]
Jun
20
Retired and Veterans Need To File For Stimulus
June 20, 2008 | 5 Comments
The IRS has accounted for all but 5 million retirees and disabled veterans who might qualify for the stimulus payment. The IRS is trying to reach this people to encourage them to get their rebate money. If you are one of these people or know someone who is, here is what you need to do [...]
Jun
16
IRS Withholds $842 Million in Stimulus Payments
June 16, 2008 | 21 Comments
If you're missing your stimulus check, you're not alone. The IRS is withholding $842 Million from stimulus payments. How do you know if you're stimulus payment will be withheld?
According to this CNN/Money article, stimulus payments have been withheld from 1.5 million people. Over 50% of the money has gone for back child support.
About 54% of [...]
Jun
13
The economic stimulus payment program has been a fiasco. Hundreds of readers have shared their horror stories. You'd think the government could figure out how to get checks to people. Put the check in the mail, what's so hard about that? When government gets involved, simple things get complicated fast. If the government can't mail [...]
Jun
10
6 Ways to Spend Your Stimulus Money
June 10, 2008 | Leave a Comment
By now a majority of Americans have received their stimulus payments from the IRS. If you're wondering what to do with that money, I have some suggestions.
Start an Emergency Fund.
Everybody needs an emergency fund. Dave Ramsey recommends at least $1,000 until you pay off your debts then you need 3 to 6 months of income. [...]
Jun
8
I Received My Stimulus Check
June 8, 2008 | 5 Comments
I finally received my stimulus check in the mail yesterday. It came when it was supposed to. With all the horror stories readers have reported, I was a little worried.
However, the check appeared right on time and for the correct amount. We signed it and put it in the bank.
Now what are we going to [...]