Credit card Archives - 2008 Taxes to 2013 Taxes

Tag Archives: Credit card

Making the Right Decision for Your 401k Investments is Important

October 20, 2011 – 2:07 am

One really important thing to remember about your 401k investments is that the IRS, through the tax code 401k, will give all qualifying employees an immediate tax reduction along with an upside market potential for your savings. So, with that information alone it’s something you really should consider taking advantage of.

When thinking about 401k investments you should figure out how much of your gross not your net income that you can save by following the current limits that are set by the IRS. You should sit down and probably talk with a benefits counselor as well. Your company … Read more at 2008 Taxes.

By Steve | Posted in tax credit, tax planning, Tax Preparation, turbotax | Also tagged 401(k), Business, Employment, Internal Revenue Service, Invest, Investing, investment, irs, Mutual fund, Retirement, Tax law | Comments Off

Seven Great Ways to Get an IRS Audit.

September 1, 2011 – 11:55 pm

If you really, really want an audit, the following list will show you exactly how to get one:

(1) Get Paid in Cash – If you’re a waiter or waitress, market trader or professional gambler, then you get paid in cash a lot. To the IRS this means you have an opportunity to hide some of that cash. This makes you a more likely target for an audit.

(2) Get Yourself a Bank Account in Another Country – Nothing makes them more keen on going through your finances than you stashing some of that lovely money in a foreign … Read more at 2008 Taxes.

By Steve | Posted in Debt Relief, irs, tax planning, Tax Preparation, turbotax | Also tagged Audit, Internal Revenue Service, irs, IRS tax forms, Robin Hood, tax, turbotax, United States | Comments (3)

Don’t Get your Refund Early

March 22, 2011 – 11:26 am

With tax season coming up, many people are already planning how they will spend their tax refund. In order to get more people coming through their doors, accounting companies are promising to give you the expected refund on a secured credit card as soon as your taxes are filed. In these hard times this is a tempting offer. After all, who couldn’t use a little extra money during these economic times? Although you may be tempted by these claims, there are a number of reasons why you shouldn’t be depending on this type of refund anticipation loan to … Read more at 2008 Taxes.

By Steve | Posted in irs, Tax Preparation, tax return, turbotax | Also tagged Automated teller machine, Fee, Internal Revenue Service, Minneapolis, Minnesota, Money, Refund anticipation loan, tax, Tax refund, Turbo Tax Federal Free Edition, United States | Comments (1)

Prepaid Debit Cards for Income Tax Refunds

January 7, 2011 – 2:12 am

Don’t look now but prepaid debit cards are making their way into our income tax system. Several State Governments and now the Federal Government are experimenting with ways to refund taxpayers directly to reloadable debit cards instead of the usual tax checks. I guess we shouldn’t be surprised.

For a few years now several government agencies on all levels – all the way down to the county and municipal levels – have been trying feverishly to cut costs. Well, it turns out that one of the more expensive things they do is cut checks in order to pay … Read more at 2008 Taxes.