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taxes - Page 2

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Why Waiting Until The Last Minute To Do Your Taxes Is A Bad Idea

I avoided preparing my taxes until yesterday. First, I thought I would owe the government this year. Second, I hate paying for tax software...

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Stephen Baldwin
Getty Images
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So what is it with these Baldwin Brothers?

A defense lawyer says prosecutors aren't seeking jail time for actor Stephen Baldwin, who is accused of not paying his New York income taxes for three years...

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IRS 1040 Tax Form Being Filled Out
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The IRS Needs To Simplify My Tax Returns – The Breakfast Flakes

Paul and I got to talking about the overly complicated system that is your annual tax return. I think we can all agree that the stupid thing is more complicated than it ever should have to be. Luckily Paul has a great idea for a simple and highly visual system.

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The Democrats Are Coming! The Democrats Are Coming! – The Breakfast Flakes

Paul and I were discussing the ramifications of what President Obama's Healthcare program is going to mean for us citizens. One of the biggest problems I have with it is the Tax "fine" that they plan to levy on anyone with out health insurance. Both Paul and I disagreed that this is unfair and very strong armed. Paul however had an interesting take on it, see what he has to say in this clip from our show. 

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Money
401(K) 2012, Flickr
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Higher Taxes and Higher Prices Are Coming in 2013 — Dollars and Sense

Regardless of the American economy’s checkered enthusiasm, it appears as if consumers are currently aboard the fast track to higher taxes and rising prices on things like health care and grocery items scheduled to come around at the turn of the new year.

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Category: Rhythmic, Rock, TSM Tags: ,
Jason Merritt, Getty Images
Jason Merritt, Getty Images
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Toby Keith Weighs In on Taxes: ‘I Expect the Wealthy to Write a Check’

The fight over taxes and the public debt is never far from the headlines lately, and Toby Keith has never been shy about speaking his mind on political matters, so it’s only natural that he offered his thoughts about taxes when speaking with the Boston Herald.

What might be surprising — at least for folks who consider Keith just another red state-residing good ol’ boy — is the way he responded to the question.

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Spencer Platt/Getty Images
Spencer Platt/Getty Images
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Raise Taxes Higher Group Strikes Back

The Breakfast Flakes (Mark and Paul) are known for speaking their mind.  This week with Federal and State income taxes due, the subject was taxes...

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Treasury Department/Newsmakers
Treasury Department/Newsmakers
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What If There Was NO Income Tax

You knew income tax was prohibited by the U.S Constitution right?  The forefathers of our country specifically banned income tax as a way to raise money to fund the government...

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How To File an Extension For Your 2010 Taxes (image)
Joe Raedle, Getty Images
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How To File an Extension For Your 2010 Taxes

Because of Emancipation Day, a little known Washington D.C. holiday that this year is being celebrated on April 15, US taxpayers had until April 18 to file their taxes.

For some people that still won't be enough time to get all their papers in order. If you find yourself in that boat, you can file for an extension with the IRS.

It's important to remember that filing an extension doesn't extend the due date for any money you owe the IRS, and you will have to pay interest and possibly penalties on any money you send to the government after the April 18 deadline.

Read on for advice, from the IRS website, on who should and shouldn't file for an extension.

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Shipyard Sally
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Seven Ridiculous State Taxes

While doing (and paying) your taxes is the opposite of a good time, there are some taxes that are so ridiculous, they're actually kind of fun.

Well, maybe not so fun if you actually live in one of these states. Check out our list of seven ridiculous state taxes:

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California Tax Payers Rush To Meet Tax Filing Deadline
Justin Sullivan, Getty Images
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Five Forbidden Tax Deductions

One of the few joys of tax preparation is making deductions and watching your bill from Uncle Sam get lower and lower.

Here's a list of five expenses that might be tempting to deduct, but are strictly forbidden by the IRS.

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Tax Preparation Gets Underway Ahead Of April Deadline
Tim Boyle/Getty Images
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5 Great Ways to Spend Your Tax Refund

It’s tax season, but that also means it's tax return season, too. In 2010, the average return was $3,036. That’s a lot of money to get at one time. With all that extra cash, you might be asking yourself, "How should I spend it?"

Here are few ideas.

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Category: National News Tags: , , , ,

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