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Posted
May 12 2009, 02:31 PM
by
Karen Datko
Money Blog: Smart Spending Blog - MSN Money
Millions of retirees are receiving an extra $250 check as part of the federal government's economic-stimulus plan. (And, the government asks, Please, no calls about "where's my check?" until June 4. It's going to take awhile to get about 50 million checks and direct deposits out.)
But if you're one of those recipients and you're still working, Kevin McCormally of Kiplinger.com has what may be a surprise for you: You're going to have to give that money back when you file your taxes next year.
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Posted
Apr 14 2009, 11:33 AM
by
Joan Melcher
Money Blog: Smart Spending Blog - MSN Money
We’ve reported on all sorts of deals aimed at comforting taxpayers on April 15, the deadline for submitting federal and state tax returns.
But we missed one enticing offer: a free massage that the maker of the HydroMassage bed says is available at hundreds of health clubs, spas and chiropractic clinics across the country.
We wrote the check and filed our taxes last week but we’re still a little tense. Too bad there’s no massage provider listed in our town. But there are plenty to be found around the country.
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Posted
Apr 08 2009, 12:30 PM
by
Joan Melcher
Rating:
Money Blog: Smart Spending Blog - MSN Money
With the dreaded tax-filing deadline approaching, many corporate chains are looking to provide solace. And what better way than -- you guessed it -- food!
They’re figuring free Cinnabon bites, a taco or ice cream cone likely will soften the blow. And they may be right. So let’s check out the details.
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Posted
Feb 10 2009, 05:44 AM
by
Karen Datko
Rating:
Money Blog: Smart Spending Blog - MSN Money
This post comes from Jim at partner blog Bargaineering.com.
E-filing stands for electronic filing and is an option the IRS offers for those who want to skip paper tax returns and go electronic. There are many benefits to e-filing your taxes, but there are still a lot of people who don't e-file for reasons I'm not completely sure of.
I know that a lot of filers simply aren't familiar with the system and are used to filing a paper return; I completely understand their reservations. I didn't trust electronic bill pay for the longest time and I'm 28, not someone who had been mailing checks to pay bills for 20 years.
For those on the fence, wondering if you should e-file, here are 10 good reasons why you should:
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Posted
Jan 09 2009, 03:18 PM
by
Karen Datko
Rating:
Money Blog: Smart Spending Blog - MSN Money
The state of California has a fiscal crisis, with a $42 billion budget deficit anticipated by the middle of next year. Meanwhile, Gov. Arnold Schwarzenegger and the Legislature can't agree on a new budget, and the state government is running out of cash.
One possible result is bound to get Joe Taxpayer's attention: The state may issue IOUs in place of tax refunds starting Feb. 1.
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Posted
Jan 08 2009, 07:20 AM
by
Karen Datko
Rating:
Money Blog: Smart Spending Blog - MSN Money
The tough economy has produced one blessing we can count. "It's helped the IRS find a heart," Kay Bell said in a post at Don't Mess With Taxes.
IRS Commissioner Doug Shulman announced that the Internal Revenue Service will work with people who can't pay what they owe because of job loss or some other financial catastrophe.
You'll still have to pay your taxes, but you may get more time to do it. "The IRS does feel your pain," Kay wrote.
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