Taxes
Archived Posts from this Category
Setting Your W-4 Exemptions to Optimize Your Tax Withholdings (whatever that means!)
Posted by miller on 06 Apr 2007 | Tagged as: Taxes
I wonder what percentage of people out there owe taxes and what percentage get a refund. Well, regardless, I owe money this year. My taxes are very straight forward. I don’t own a house. I don’t itemize. My taxes take me only about an hour.
Last year I got a pretty decent return of about $650. But this year, I changed my exemptions to maximize my pay check. Unfortunately, that is at the expense of a refund. Continue Reading »
Understand of Your Federal Taxes!
Posted by miller on 26 Nov 2006 | Tagged as: Taxes
I ran across an interesting post by Jim of Bargaineering the other day where Jim takes a closer look how much we pay our federal taxes. Basically, the traditional “tax brackets” to which we commonly refer only reflect federal income tax and not the additional taxes of social security and medicare. Jim shows what the percentages really look like once you include those.
Make Sure to Check your Tax Refund!
Posted by miller on 26 Nov 2006 | Tagged as: Taxes
With tax season creeping up upon us, I thought I would share a little story. The moral is clear: check up on your tax refunds! This probably sounds pretty obvious, but in the age of electronic tax refunds, it might be easier to forget that you think.
