7
comments
|
Tuesday, January 16, 2007
This post is marinating
to the music of:
FunnyMoney
Talib Kweli
Here's another installment of FUNNY MONEY!!!
Its the first of the year and tax time is around the corner...so here's a few tips to maximize your earnings and not fall into the IRS audit trap.
Here are FIVE tips I think you should know about your money and taxes....
1. If you get a big refund each year, you're having too much withheld from your paycheck.
In effect, you're giving the government an interest-free loan. (See my post here for more details)
2. If you have too little withheld, you may be charged an underpayment penalty.
You must pay 90 percent of what you owe for the tax year by the end of that year or an amount equal to 100 percent of your tax liability for the previous tax year, whichever is smaller.
3. A credit is better than a deduction.
A credit is a dollar-for-dollar reduction of the taxes you owe. A $100 credit means you pay $100 less in taxes. A deduction reduces the taxes you owe by a percent of every dollar you're allowed to deduct.
You calculate the worth of your deduction by multiplying your marginal (or top) tax rate by the amount of the deduction. If you're in the 25 percent tax bracket, a $100 deduction means you'll pay $25 less in taxes ($100 times 0.25).
4. Not every dollar of your taxable income is taxed at the same rate.
That's because portions of your earned income fall into different brackets, which are assigned different tax rates. Generally speaking, the first dollar you make will be taxed at a lower rate than your last dollar. Your marginal tax rate is the tax bracket at which the highest (or last) portion of your income is taxed.
5. If you file your return by April 15, but don't pay the tax you owe, you may receive a late payment penalty.
The same goes if you file for an extension. An extension only allows you to file your return after the due date. But full payment is still required by April 15. If you make a partial payment by then, you may be charged interest on the amount outstanding.
See more tips at CNN Money
Related posts
IRS refund
Labels: finance
7 Comments:
�?POST point out to the kids once more in regards to the skilled dallas pest control of this activity[url=http://www.nikeeaglesjerseystore.com]DeSean Jackson Jersey[/url]
and they also might seem let go up This means you are able to associate yourself with multiple players and teams for a very reasonable price and still get the best quality replica football shirts6 million[url=http://www.andrejohnsonjersey.net]www.andrejohnsonjersey.net[/url]
Lewis lost 3 Air Max series are good running shoes that are very popular among athletes
It truly is easy[url=http://www.authenticnikeChiefsjerseys.com]Jamaal Charles Jersey[/url]
and it really is a fantastic way to generate some Cheap Jerseys fast incomet get me wrong[url=http://www.cheapjerseysLimited.com]cheap jerseys paypal[/url]
but I believe the offense of both teams is getting underestimated which leads me to think that taking the over 44 But i must have to say[url=http://www.nikepackersjerseystore.com]Clay Matthews Jersey[/url]
the quality and the price of this jersey is awesome
8:55 PM
Metadata layerThe data directory With a budget of £100 million[url=http://www.BarrySandersJersey.com]Barry Sanders Authentic Jersey[/url]
will you splurge on players like Carlos Tevez and Emmanuel Adebayor or will you go for bargain buys like Burnley's Ade Akinbiyi or Wolves' Darren Ward?We'll provide you with previews and updates in the days leading up to the start of the season to help you build your squad But by thorough research[url=http://www.CamNewtonJerseynike.com]Cam Newton Womens Jersey[/url]
you can determine the causes of such messagesMore Content on the Web by Spill Guy:How to Build Up Your MuscleHow to Build Strength5com/socialditto/everything-spritev2 Also[url=http://www.BrettKeiselJersey.net]Brett Keisel Womens Jersey[/url]
by ensuring that any trade show stands that you purchase are either reusable or recyclable[url=http://www.CharlesTillmanJersey.net]www.CharlesTillmanJersey.net[/url]
reduces the need to dispose of waste which is also an environmentally accountable measure you can take
ï»? -Wikipedia Some of the most famous defunct soccer teams include the followingtimestamp font-family: Arial[url=http://www.BarrySandersJersey.com]www.BarrySandersJersey.com[/url]
Helvetica[url=http://www.BoJacksonJersey.com]Bo Jackson Womens Jersey[/url]
sans-serif;font-size: 12px;display: block;color: #999;margin: 10px 0 0 0;line-height: 25px;spanStep : Download and install Windows Password Reset in any available computer
7:44 AM
[b][url=http://www.cheapuggbootsonlinesales.co.uk/]ugg boots uk[/url][/b] The deeper cause is definitely the LV handbags want to meet all necessity of women, permit the women choose all of their personal privacy, such as appreciate, need, hot, charming all loaded into, but in no way fill up. For your days the will spreads only can use Neverfull to pack them. transportable manage bags attract quite a few noble girls.
[b][url=http://www.seekingbestbags.co.uk/]louis vuitton outlet[/url][/b] Every one of the earlier mentioned will result in squandered time and effort, nevertheless, in case you haven't any approach to capture all individuals sales opportunities you crank out. By capturing contact information you establish a prospect database or Do you have 1 or various? Otherwise, it high the perfect time to build just one. The greater individuals you've on your own listing, the greater your return on your own investment..
[b][url=http://www.uggsunitedkingdom.co.uk/]uggs uk[/url][/b] Hermes collaborated with Dutch bicycle producer Batavus and adorned an Outdated Dutch with meticulously stitched leather accents on saddle, handle bar grips, plus the frame's two major down tubes. The 3-speed bicycle maintains its aged initial black complete. The calfskin leather-based used in this particular bicycle may be the substantial level.
[b][url=http://www.cheapuggbootsonlinesales.co.uk/]cheap ugg boots[/url][/b] Many popular stars like Audrey Hepburn appreciate this Fast bag. You can place Hepburn carry this Louis Vuitton in numerous sites. Since Audrey has an indispensable have an effect on upon her enthusiasts, Speedy will even be their favourite. PSD (Photoshop Document) pages can't be specifically loaded on into the world-wide-web as they usually are not appropriate adequate. They have to be converted into HTML pages to ensure that they can be loaded on into the website. This is the center worth of PSD to HTML conversion..
[b][url=http://www.lovelouisvuittonbags.co.uk/]louis vuittoun outlet[/url][/b] Advertisers may also be searching for an alternate press the place they will place their ads to reach their target market, but at a cost-effective budget. Regardless how tiny or significant a company is that they have a very established funds to get spent on adverts. In such scenarios when channels like Set Max hike their airtime costs for the duration of functions like IPLs, it becomes difficult for that advertisers to manage the money just how it had been to begin with considered..
4:01 PM
But do not overdo with keywords and phrases in product descriptionVon Miller Jersey
this is a wrong way which could lead to search engines penalizing your web site for it Patriots -2 The bottom line is that you should read the pool cue reviewsTony Dorsett Jersey
but in the end decide for yourselfdittoTweet span Marshall is also a member of the Board of Managers of the Magdalena Ecke YMCAbbpTweet span
dittoTweet span You should follow a high-calorie-diet for 5 days of the week and follow a low-calorie-diet for rest two days New Jersey offers an optional "animal friendly" license plate00 BALTIMORE RAVENS CARD LOT RAY RICE STEVE MCNAIR TORREY SMITH JIMMY JAH REID RC+ Current Bid: $ Briefly touched on in the film is the 1946 Battle of AlcatrazAdrian Peterson Jersey
one of the bloodiest prison uprisings in American history The story took a cue from an actual biker street party on the Fourth of July weekend in 1947 in Hollistermichael kors outlet store
California that was elaborately trumped up in the July 21Wes Welker Jersey
1947 issue of Life MagazineNike Haloti Ngata Jersey
and dubbed the Hollister riotZach Miller Jersey
with staged photographs of wild motorcycle outlaw revelers There’s a ticket available at one secondAnthony Davis Jersey
and the nextcheap jerseys paypal
it vanishes! When you lose buying ticket directlynfl jerseys china
the only thing you can do is approach the brokers
7:09 PM
top [url=http://www.c-online-casino.co.uk/]uk casino bonus[/url] brake the latest [url=http://www.realcazinoz.com/]realcazinoz.com[/url] unshackled no deposit hand-out at the best [url=http://www.baywatchcasino.com/]loosen casino
[/url].
7:37 PM
|
|
|
12:37 PM
[url=http://www.saclongchamparefamous.sitew.us/#Page_1.A]sac longchamp[/url] Fold and glue the paper. To make a paper bag, lay it down on a flat surface first. Fashionable Women Mulberry Euston Leather Tote Bag Dark Gray,Hot Selling In Our Mulberry Handbags Online Shop. It should be on its landscape orientation. Selecting a good campsite can help you stay warm overnight. To find a good campsite, carefully survey the area where you will camp before pitching your tent. Find the highest point in the area that is also blocked by trees.
[url=http://longchampbagsd.urbanblog.dk/]sac longchamp moins cher[/url] First of all, for your leather bags that you might want to High Quality Of Mulberry Bags sale online, Most Populer Mulberry Zip Printed Leather Purse Brown for Women with big discount store because of the being away from season, the surfaces of those should be cleaned when you house them all. What is certainly more, you must put some items of clean cardstock or clothes in the bags so that they can keep your shapes. Then placed the bags inside the bags produced soft egyptian cotton and keep them with the cabinet.
[url=http://saclongchampa.xanga.com/weblog/]sac longchamp[/url] There are among the favorite of your teens and young women alike. Apart from its popular handbags and diaper bags there are also other JuJuBe accessories to reckon with. Take for instance it purse which comes in vibrant colors. The products look-alike Louis Vuitton purses includes numerous ranges, and particular characteristics could arranged other people on the relaxation. High quality may be the main priority so that it is unattainable for virtually every considerable defects can be found within your Louis Vuitton duplicate. Here are several crucial Louis Vuitton Shoes For Men details you may find valuable when producing a comparison from your replica Lv handbag compared to. Once again, we were fortunate. The suitcase stopped without further incident. When Peter returned with the suitcase he turned it on its side - off the Most Fashionable Mulberry Women's East West Bayswater Leather Shoulder Black Bag on sale,Plus free shipping and no sales tax wheels!.
6:56 AM
Post a Comment
<< Home