Several wedding vendors have sent us cost estimates that include the tip, then tax the entire amount (including the tip). Is it normal/legal for them to tax the tip? Someone who knows the answer, please let me know!
When I first met Her, we both used the 1040-EZ form to do our taxes. We didn’t make a lot of money, so that was the easy way. Then we started to make a little more money. Taxes were becoming…computerized. Since at that point in our lives we weren’t ready to combine our finances, we ... Read more →
Last week I wrote about my awesome raises that I was fortunate enough to receive this year, and how I hadn’t adjusted my withholding accordingly. This weekend, I played around with the IRS Withholding calculator, and plugged in the numbers that I had now. According to the calculator, I would owe Uncle Sam $1,721 at ... Read more →
A few weeks ago I was promoted! There were a hints dropped by my supervisor, as well as rumors from the higher-ups at my company. Hey, when you work at a small company of 30 people, word tends to travel pretty fast. It was pretty awesome to get a new batch of business cards with ... Read more →
Today Canada’s new conservative government announced their first federal budget. The budget included broad tax cuts for most Canadians, a change from the liberal budgets in recent years. During the past several years the Canadian government has been paying off billions of dollars in international debt and tightening government spending. Finally they have gotten to ... Read more →
Call me a communist, but taxes make me feel all warm and fuzzy. I like the idea of everyone in America sharing what they have and working together for the common good. Of course I’m not naive: I know that not everyone pays their fair share, and a great deal of tax revenue is mismanaged ... Read more →
I’m lounging around on this fine President’s Day, and I decided to do my taxes. I fire up good ol’ TaxCut, enter in all of my data… …and I owe the U.S. Government $474. Next year Uncle Sam, please be gentle. Ouch. Anyone got any good ideas on how to lower that tax bill?
The world’s second richest man, Bill Gates is pretty rich. (HOW RICH IS HE?) He’s so rich the US has to store his financial data on a special computer because his fortune is so vast. It has to be pretty tough to fit “47,000,000,000″ on line 1 of the tax form. You think he uses ... Read more →
