Investing and Personal Finance
From the category archives:
Credit has been used to make purchases for centuries, however it wasn’t until the the 1970′s that the charge cards we know today became available and popular among the public sector. At that time, consumers were charged an annual fee for the privilege of having credit. In addition to paying an annual fee, most lenders [...]
{ 4 comments }
Find out the best high yield savings account. Wealth and Socioeconomic Class | Million Dollar Journey How do you say “bubble” in Chinese? | Canadian Capitalist Discretionary Investment Management : WhereDoesAllMyMoneyGo.com Time Management Tips Intelligent Speculator | Top Stock Picks: Dividend ETF’s Michael James on Money: Misalignment of Interests on Wall Street The Bad Credit [...]
{ 0 comments }
Credit card companies understand that everyone likes to be receive rewards. They have created hugely popular rewards programs that offer incentives for consumers to remain loyal to one credit card. This concept is not new and was first introduced to consumers in other industries as early as the late 1800′s. Today loyalty or reward programs [...]
{ 3 comments }
Just a heads up that the maximum contribution limits for the Canada pension plan (CPP) has new values for 2010. CPP maximum pensionable earning and maximum contribution amount For 2010 the maximum pensionable earnings will be increasing to $47,200 (up from $46,300). What this amount means is that you will contribute to the CPP based [...]
{ 2 comments }
The EI premiums have gone up for 2010 (no surprise) so I thought it would be a good idea to go over the new amounts. Here are the 2007 EI premiums if you want to compare. First of all the maximum insurable annual earnings has gone up from $42,300 to $43,200 which means that for [...]
{ 2 comments }
Everyone has to file their taxes and nothing is worse than having to owe money at tax time AND have to pay a fee to do it! Well, for certain tax situations you can file your taxes for free! Basically if you have a fairly simple tax return (only use the 1040 type forms) then [...]
{ 5 comments }
TurboTax is a popular software program that allows users to easily fill out their tax return forms. There are a variety of versions of the program available, each offering options to suit the needs of specific users. Each version is consumer friendly and walks you through the forms you need to fill out, step by [...]
{ 1 comment }
A common questions asked by taxpayers is how many years tax records must be kept. The answer to this question is not cut and dry and varies depending on the documents in question. The general fconsensus is that seven years is a safe bet however the actual amount of time required by law may be [...]
{ 3 comments }
During tax season, there is a lot of hustle to make sure you have the right documents, forms, and information that will allow you to file taxes in a timely manner. Taxpayers must often wait to receive this information in the mail before proceeding to their tax preparation office or preparing their own files using [...]
{ 0 comments }
There are two ways for a taxpayer to get back their federal income tax refund. They can opt to have the refund amount direct deposited into their bank account or they can request a paper check be mailed. The option you choose will affect the amount of time it takes to receive your refund. It [...]
{ 3 comments }
Filing your taxes each year is not always an easy task, especially since you spent the last 365 days saving receipts, paperwork, and other tax-related documentation. Tax time comes around before many people are prepared, leaving many to scramble for the appropriate documents and paperwork. Misplacing the important items you need for taxes can also [...]
{ 2 comments }
Filing your taxes is a pretty complicated process and it seems to get more difficult each year. Whether you are preparing your tax return using a software program like TurboTax or filling out the tax forms by hand it is important to know the rules. When filing your taxes this year, don’t forget about the [...]
{ 1 comment }
Several new tax credits aimed mainly at the middle class will be announced tonight in the 2010 Obama State of the Union speech. Unfortunately, it looks like there will be no stimulus checks issued in 2010 but the year is still young. The health care reform issue should be addressed but no specifics have been [...]
{ 4 comments }
Every year millions of Americans have to file their tax return in order to make sure that they have paid the proper amount of tax to the government. The last date you can file your 2009 taxes without risk of any late penalties is Thursday April 15, 2010. If you are filing electronically then the [...]
{ 4 comments }
Tax accountants are used by many businesses big and small, as well as individuals. Another option which is quite a bit more expensive, is to use a tax attorney instead of an accountant. This option won’t be available to most small businesses and individuals because of the higher cost but if a tax attorney fits [...]
{ 2 comments }
It is a brand new year which can only mean one thing – it’s time to start tax planning for 2010! That’s right – the Roth IRA contribution limits have been released for 2010 and it is never too early to get this information. As expected the 2010 Roth IRA limits have not been changed [...]
{ 7 comments }
SmartyPig is an online, high-yield savings account which is offered by West Bancorporation, Inc. It launched in April of 2008, so is still fairly new to the bank All money deposited in a SmartyPig account is held by West Bank of Des Moines, Iowa, and is FDIC insured up to the normal $250,000 limitations. While [...]
{ 0 comments }
