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Taxes are often an hot issue during an election. The 2012 presidential election is not any different than other election seasons. But no candidate has come under fire for his tax return more than Mitt Romney. Up until recently, he was pretty coy on the subject. He did promise to release his tax returns if he became the Republican nominee, and though he hasn’t secured the Republican nomination, he
There are many factors that can devalue your return during tax filing.  A bit of preparation each month can saves hours of work later on. This can also net you extra money on your return, which is always a good thing.There are several ways to prepare for your taxes a little at a time.  Here we will discuss a few methods that will save you time when taxes roll around, or save you money if you are
As we kick off the new financial year, small businesses and enterprises should already be thinking about how to plan their business in order to minimize their tax liability. For many business owners, taxes are a major source of stress and worry, so by starting to plan your tax strategy early in the year, you can ensure that your year end goes smoothly later on. Here are some of the best ways in w
There’s only so much that your parents can do to prepare you for being an adult. If you’re lucky, they have done their best to teach you about financial responsibility. At a certain point though, it’s really up to you. Being financially responsible requires discipline. It means having to pass up short-lived fun for long-term stability. It’s not something that you should pu
We all work hard for our money and we all want life to be fair, so of course, when buzz begins to circulate about the possibility of US citizens not having to pay income tax… we jump right on it. But trust me, when something sounds a little too good to be true, it’s usually because it is.Unconstitutional you say?According to believers of this idea the 16th Amendment was never ratified
Free Turbo TaxWhen you are going to file your taxes, you may find it is a bit more complex then what you were thinking it would be. This is when you should learn more about the benefits of using free turbo tax to file your 2012 taxes. Once you know about the benefits which are present here, you will not want to use anything else, but you will want to do all of your tax work from this type of loca
File Back Taxes“I was underground” was the excuse Grammy-winning singer and rapper Lauryn Hill gave to explain why she did not file back taxes between 2005 and 2007.  The IRS claims she owes three years in back taxes.  On her Tumblr account, Ms Hill said she had not filed because she wanted to protect her family.   Being “underground”, she surmised that filing her taxes would endanger herself and
Mitt Romney’s TaxesLost in the politically generated issue of Mitt Romney’s taxes is the issue of Harry Reid and his own tax information. Harry Reid has jumped up and donned a fool’s mantle once again, and this time with a wild claim by an anonymous source, that Mitt Romney has not paid taxes for the last ten years. Less ridiculous would be if Reid held a press conference to say

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