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Taxes

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As If We Don’t Pay Enough in Taxes Already…

Sunday, October 27th, 2013

A Black Box in Your Car? Some See a Source of Tax Revenue Charging drivers by the mile. Anyone who lives outside of New York City or any other big metropolitan area, will not like this idea. I loathe any idea that adds a new way to tax people. Why? Because the old taxes rarely […]

Sunday, April 14th, 2013

I Found this on facebook and thought it was pretty funny: Sadly, a lot of people don’t realize it’s their own money and instead treat it like found money.

A New Box on the W-2: Cost of Employer-Sponsored Health Coverage

Saturday, April 13th, 2013

So, I’m working on our taxes today (yeah, I know I’m procrastinating). I’m entering information from my wife’s W-2 and notice a new box that I didn’t have to report last year: DD – Cost of Employer-Sponsored Health Coverage I got a sinking feeling in my stomach that eventually this is going to be used […]

IRS Tracking What We Do Online?

Monday, April 8th, 2013

If this doesn’t concern AFM readers, I don’t know what will: Consumers are already familiar with Internet “cookies” that track their movements and send them targeted ads that follow them to different websites. The IRS has brought in private industry experts to employ similar digital tracking–but with the added advantage of access to Social Security […]

Administration to Go After “Wealthy” IRAs?

Friday, April 5th, 2013

Where does it stop? Obama budget to take aim at wealthy IRAs From the article: Under the plan, a taxpayer’s tax-preferred retirement account, like an IRA, could not finance more than $205,000 per year of retirement – or right around $3 million this year. I’ll look more into this later.

It’s April 5th and I STILL Haven’t Done My Taxes! Have you?

Friday, April 5th, 2013

I used to do my taxes early. This was back in the days when we might be recipients of a refund. But, the last several years, our taxes have increased and now I find myself putting off calculating them as long as I can. I HATE FIGURING MY TAXES (but I’m too cheap to pay […]

Wow! Tony Romo’s Now the Highest Paid NFL Player (After Taxes)

Thursday, April 4th, 2013

From Tony Romo New Highest Paid NFL Player After Taxes: Over Easter weekend, franchise quarterback Tony Romo signed a 6-year $108 million contract extension to remain with the Dallas Cowboys. While the estimated $18 million per year makes Romo the fifth highest paid player based on salary, he is actually the new highest paid player […]

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