Don’t Cash Out Your 401k | Debt Consolidation Part 7
Fight the temptation
If you have a 401k, you may think that cashing it out to pay off your debt is a logical idea. It’s your money, right? And why let it sit there and collect dust while you are struggling?
I’ll tell you why: So you can retire someday. And debt [...]
Filed a Tax Extension? Paying Late Can Be Costly
Tax extension filers are not alone
Well, Tax Day has passed, and most Americans are breathing a sigh of relief to have it over with. However, an estimated 10 million taxpayers still have unfinished business. If you filed a 4868, you probably already know that filing a tax extension does not [...]
Payday Loans and Tax Day
The payday loan in America
More and more Americans are looking to payday loans to cover their bills. While the economy continues to suffer, people are finding themselves short of cash. An internet search for “payday loans” will bring you to a long list of lenders willing to extend emergency [...]
Texas Secession | Taxes get Texas All Riled Up
Party heats up over Texas secession
We have all heard about the numerous Tea Parties going on nationally, thousands of which happened on Tax Day. Supporters of a conservative grassroots movement protested government spending, taxes and the economic stimulus package.
In Texas, many residents took to the streets with signs touting secession. [...]
Making Work Pay Credit Kicks In
Get a few more dollars in your paycheck
As of April 1 the “Making Work Pay” tax credit is in effect for working Americans. You probably read or heard about this back when the economic stimulus package was the No. 1 topic among news media. Well, now it’s here, and you [...]
NYS Proposed Budget Raises Taxes
Governor approves New York budget
Governor David Paterson and top legislative leaders Sunday finished negotiations on the proposed budget for the state of New York. The governor, along with Assembly Speaker Sheldon Silver and Senate Majority Leader Malcom Smith rolled out the $131.8 billion package.
Yes new taxes
Critics, of course, had plenty [...]
Online Town Hall | Obama Gets Down to Business
President broadcasts meeting online
In a first-of-its-kind event, President Barack Obama today held a town hall meeting in the White House that was broadcast live on the internet. He answered questions submitted to Whitehouse.gov before taking live questions from the audience in the East Room.
Taxing questions on taxes
One question from a [...]
3 Things You Might Not Know About Taxes
New economy, new rules
If you are like most Americans, who are seeking ways to save or earn money any way they can, you might want to look to your tax forms.
This story by CNN Money contains some things I sure didn’t know about tax breaks and credits you can get. [...]
Since when is the IRS my Business Partner?
I’m a one-man business
It’s been a torrid morning and it’s left me in a ratty mood. If I had staff working in my office I would fire everyone right now! However, mine is a one-man business. It’s kept pretty busy, or as busy as I want it to be. It [...]
Obama Proposes Cutting Tax Breaks for Itemized Deductions
Some worry move would hurt charities
President Barack Obama has made several bold proposals in his budget plans. His biggest project is a plan to put $634 billion toward health care reform. It’s a spendy project, and it’s Obama’s job to figure out how to fund it.
Among his budget proposals, he has [...]
Tips for Tax Time | Know the Rules, Avoid an Audit
Better safe than sorry
You may think that with all of the other problems the government is dealing with they don’t have time to worry about whether you did your taxes right. However, the opposite is true.
In the last 10 years the IRS has more than doubled the amount of audits [...]
Obama’s Presidential Address | Easy Loans Key to Good Economy
Easy loans grease economic engine
In his speech last night, President Barack Obama reiterated the point that access to easy loans is an important factor in getting our economy back on track.
He also emphasized that “education, health care and energy were a vital part of the long-term sustainability of the economy,” [...]
How Quick Loans Figure into California Budget
Governor signed budget, now what?
Friday, Arnold Schwarzenegger signed California’s much-debated budget, which includes quick loans, hefty tax increases and deep spending cuts. So what’s next?
The tax man cometh
New income taxes, sales taxes and vehicle license tax will kick in on April 1, according to the Los Angeles Times. The dependent [...]
Could you use a Payday loan this tax season?
Taxes are due April 15th
Tax Season
Payday loans can be used as your ultimate weapon to settle tax issues. If you have tax payments due, if you are scurrying around to arrange funds to help you through to your next payday, then this article will shed light on where to find [...]
Obama Nominees Have Tax Troubles | By Quick Payday Loans Source
Daschle withdraws from nomination
Quick payday loans can help consumers with financial emergencies, but I don’t think they’ll be much help for Tom Daschle.
Senator Jim DeMint told President Barack Obama he shouldn’t hire Daschle to be health and human services secretary. Daschle made a $134,000 income tax error. Though he has [...]
Treasury Secretary Nominee’s Taxes | By Your Payday Loan Source
I don’t think Treasury Secretary Nominee Timothy Geithner needed a payday loan to repay the $42,000 he owned the IRS — but he did pay it back. Geithner, currently president of the Federal Reserve Bank of New York, made mistakes on his taxes when he was working for the International [...]
The taxman cometh…Could you use a Payday Loan for help with taxes?
Rule No. 1 – if you work and earn money you pay income tax. It’s as certain as death. The problem is finding the money when you have to pay up. This is where a payday loan can save you. The taxman cometh…
The men in black suits who never [...]
Payday Loans | The Last Frontier of Financial Freedom
Taxes, Taxes, And More Taxes
Haven’t you noticed that when it comes to money everybody wants their hands in your pockets. Every service comes with a fee and don’t forget a tax as well.
Taxes today consume about 43% of the average American’s paycheck. We are taxed upon making the money, and [...]
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