I recently received an inquiry from a reader asking about the earliest date for filing your income taxes. This is an excellent question. As it turns out, if you’re filing by mail, you can file as soon as the necessary forms have been released — typically January 1st. However… There’s [...]
form 1099
Yesterday I looked at who ultimately pays for unemployment benefits. Today I’ll be looking at the tax treatment of unemployment benefits. Are unemployment benefits subject to income tax? The short answer is that, yes, such payments are indeed taxable. For a slightly longer and more detailed answer, we have to [...]
This is mainly a note to myself, though I imagine that it might be of some use to you guys, so I’m publishing it here… I was recently leafing through my calendar and decided to consolidate all relevant (at least to me) income tax filing deadlines in one place. What [...]
Over the weekend, I pointed out the story of a fellow blogger who had raked in over $4,000 in rewards from a particularly generous credit card offer from his local bank. The short version is that they offered him 10% cash back on grocery, drug store, and gas station purchases [...]
Over the past year, my wife has started substitute teaching. Now that our youngest is well on his way in elementary school, she has time to spare. Not only that, but she’s been spending a lot of time volunteering at the school so she might as well get paid for [...]