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taxes

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Confession: I love my tax refund too much to correct my withholdings

by Karen on February 12, 2010

No matter how much you know about money or how well you  manage yours, chances are there are things you do that you know are wrong, but can’t give up. For me, it’s overpaying taxes. Here’s my confession: even though I’m married and file my taxes as a business due to various income sources, my [...]

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I may have spoken too soon about TurboTax

by Karen on February 15, 2009

I’ve used TurboTax for several years now. It’s usually simple and worth the cost. That’s why I spent $50 on it again this year. I even recommended it. I’m not entirely rescinding my recommendation, but I feel like I should share my experiences this year in the interest of full disclosure. Last weekend I finished [...]

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Post-tax refund savings breakdown

by Karen on February 7, 2009

I just finished filing our 2008 tax return using TurboTax Home & Business since I had to report a little freelance income for 2008. (If you’re not reporting freelance income, I suggest using TurboTax Deluxe.) The software costs about $40 on Amazon, but it makes it simple to do your taxes yourself. In my opinion, [...]

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Don’t spend your tax refund before you get it

by Karen on January 26, 2009

I know, I know. I shouldn’t be getting a tax refund, because I should have my deductions set correctly to avoid giving the government an interest free loan. I know. But the fact is, I typically err on the side of caution. I’d rather give the government an interest free loan than owe a huge [...]

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File your taxes early (& cheap)

by Karen on January 21, 2009

photo by 427 We should be receiving our W2s in the mail in the next couple weeks. I always try to file within two weeks of receiving all of my paperwork. It’s better to get it out of the way, right? Be sure you’ve collected all of your documentation, including W2s, interest paid to mortgages [...]

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