Taxes – Money Pacers

Category: Taxes

Get info about your taxes, includes: hot topics, tools, news, filing and payments, refunds, credits and deductions, help and resources

How Your Tax Refund Can Eliminate Your Debt?

How Your Tax Refund Can Eliminate Your Debt?

It’s no surprise that credit card debt is a big concern but what many don’t know is their neighbors are using their tax refund to eliminate debt.   New data from the National Foundation for Credit Counseling found that 39 percent of households are carrying a balance on their cards from month to month — and …

+ Read More

Paying Money On Gift Tax

Paying Money On Gift Tax

(MP) Surprise – your parents send you a nice check! Maybe it’s enough for dinner, or maybe it’s more of an “early inheritance.”  Either way, do you need to worry about paying a gift tax to the IRS? The Internal Revenue Code imposes a tax on property or cash you give to any one person, …

+ Read More

8 Ways to Cut Your IRS Tax Bill Forever

8 Ways to Cut Your IRS Tax Bill Forever

(MP) Most people start their tax planning around April 15 – when their tax return for the previous year is due. Those serious about money management are always looking to cut the tax bill  know April 15 is way too late. Why? Because what’s done is done. If you want to pay less in taxes …

+ Read More

New IRS Tax Deduction Item Changes for 2015

New IRS Tax Deduction Item Changes for 2015

Taxes (MP) Before you know it, April 15, 2016 will be here, and it’ll be nearly time for the annual deluge of tax forms – including 1098’s reporting mortgage interest or W-2’s from employers reporting your annual wages. Getting a heads up on Tax Deduction items for 2015 can maybe save you a pile of …

+ Read More

Tax Deductible Passive Activity Loss for Investors

Tax Deductible Passive Activity Loss for Investors

Taxes (MP) The so-called “passive activity loss (PAL) rules have developed into a complicated range of guidelines since their start in the mid-1980s. However, if you bear in mind the general principles that drive loss limitations on this matter, you’ll have a superb foundation for choosing investment strategies that take full advantage of, and not …

+ Read More

Archives

August 2017
M T W T F S S
« Jul    
 123456
78910111213
14151617181920
21222324252627
28293031  
Join 75,674 Money Pacers
Fast Track Your Way To Wealth!
We respect your privacy. We never share your email.