Tax
Where to Live with Less Taxes, then Do You Want to Live There?
CNNMoney.com yesterday has an article which listed top 5 most tax-friendly states and top 5 states with the most heavy tax burdens. According to the article,
For the 17th year in a row, the far Western state earned the distinction of being America’s most tax-friendly state.
Among them, Alaska ranked No. 1 with the lightest state and [...]
Telephone Tax Refund: Easiest $30 or more from the IRS
Early last week, MSN Money has an article saying that there’s a $30 to $60 tax refund that more than one third taxpayers may forget to claim, yet it could be the easiest refund one can get.
So what is it exactly?
It’s the telephone tax refund. According to the IRS website,
The telephone tax refund is a [...]
Nation’s Top 10 Places with Heaviest Income Tax Burdens
Paying too much income taxes?
When it comes to income taxes, not just how much you earn matters, your location also plays a role, a big role. So instead of trying to squeeze a few bucks from various deductions, you may want to consider relocation if you are living in one of the cities in [...]
Enrolled in EFTPS in Anticipation of Taxes
I enrolled in the Electronic Federal Tax Payment System (EFTPS) on January 25 in anticipation of some tax payment again this year. Over the weekend, the first package with personal information and instruction on how to use EFTPS arrived, followed by another envelop with a PIN that I have to use to obtain an [...]
Kiplinger: The 13 Most Overlooked Tax Deductions
A Kiplinger article, "The 13 Most Overlooked Tax Deductions," gives a list of 13 deductions that we usually forget when filling our tax returns. Among The Unlucky 13 items, I found No. 12, Reinvested dividends, is one that I never heard of. I sold some mutual funds in the past and simply used the difference [...]
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