04th February 2007
Working for an employer has its perks. One of them is you get a W-2 summarizing your earnings and taxes paid. But what if your employer didn’t issue one to you?
The W-2 form is what is known as an information tax return. Actually known as a Wage and ...
03rd February 2007
If you are an independent contractor, you should receive a 1099-MISC form from businesses that paid you more than $600 for your services. Ah, but what if you don’t receive one?
The 1099-MISC form is misunderstood by most people. It is not a tax retur...
02nd February 2007
Your goal when preparing your taxes is to try to reduce your gross as much as possible. Tax credits and deductions are the tools you use to cut your gross down.
Most people focus on tax deductions when preparing their taxes. It is the most common of t...
02nd February 2007
When going through the great task of doing taxes for a business, you can easily get trained to a tax philosophy. Specifically, you will always start asking if something is deductible.
The IRS is an evil, thieving devil hell bent on stealing every last...
01st February 2007
Costa Rica is an absolutely tremendous travel destination for travelers to Central America. If you are going, there are some basic things you need to know about the country.
Costa Rica is one of the better off countries in Central America from an econ...
01st February 2007
Bird watching is a great low cost hobby that is both serene and a great way to learn to appreciate nature. Of course, you have to figure out how to identify the birds you see.
If you get into birding, you will quickly realize you want to keep a list o...
01st February 2007
Despite the media frenzy about Yellowstone being a super volcano, it is still one of the truly beautiful places in the world. Oh, I should probably mention the fly fishing is good as well.
As you probably know, Yellowstone National Park has a basic ph...
01st February 2007
A few helpful tips are always worth their weight in gold when you start learning something new. While they may not be gold, here are some climbing tips you should consider.
When you first start climbing, there is a tendency to want to just walk up and...
01st February 2007
Most people think rock climbing is a fairly edgy sport just to begin with. In truth, edges mean something entirely different and unique to the sport.
Most people have a misunderstand view of rock climbing from what they see in the movies. You know the...
31st January 2007
The tax code and regulations are incredibly complex, but you are assumed to know and understand them all. How scary is that? Unless you have a very simple tax situation, professional help is the way to go.
Finding someone to prepare your taxes might s...
31st January 2007
Oh, Canada! In case you haven’t heard, Canada is going after tax cheats in a very unique way using the Internet. If the effort is successful, one has to wonder how long it will be before the IRS follows suit.
The Canada Revenue Agency is the equivale...
31st January 2007
It is rather ironic that we spend billions of dollars on other countries, but paltry sums on our own education system. Still, the federal government is offering a few tax incentives this year.
Our education system is a bit of a mess. There is a lot of...
31st January 2007
As April 15th draws every closer, it is time to start thinking about how you are going to reduce your tax bill. Here are a couple of ways most people miss out.
Every year, the IRS tries to alert people to new deductions and credits available to taxpay...
26th January 2007
As the internet grows as a business medium, identity theft is becoming a bigger problem by the week. Most people, however, don’t realize it can cause you problems with the IRS.
As the name suggests, identity theft is the swiping of your identity for ...
26th January 2007
Hard as it is to believe, employees at the IRS are humans just like you and me. This means they make mistakes and you need to let them know when this occurs.
The IRS has a computer system that is legendary. The legend is all about what a nightmare it ...
