There was $45,000 on the line but only two letters on the board. When the category is “thing,” the answer could have been anything at all, but somehow, by some stroke of luck, contestant Emil blurted out a guess which put him in the league of some of the greatest Wheel of Fortune players ever. […]

Prenup

Is A Prenuptial Agreement Right For You?

Is A Prenuptial Agreement Right For You? As we approach the summer wedding season, millions of excited brides and grooms-to-be are gearing up walk down the aisle: save-the-dates are being sent, cakes are being tasted, gifts are being picked out. Amid these happy preparations, few almost-spouses are considering the possibility that their union might not […]

Meal Planning

Does this sound like your day? The morning starts with a cup of coffee in a paper cup and a muffin picked up at the local coffee shop drive-through, lunch is a dash out to a fast food restaurant, and you’re frantically planning your dinner as you pull into the crowded supermarket parking lot on […]

The tax education of Lauryn Hill: Prison

(CNN) — Lauryn Hill told the judge who sentenced her to prison that she planned to pay her taxes; it was just a question of when. The judge reminded her that citizens don’t get to choose when to pay the government just before ordering her to spend three months in a federal prison. The Grammy-winning […]

Tax Audit

Tax time is annoying enough without the IRS knocking on your door or sending you a stern letter saying they think you’re trying to pull a fast one. But the IRS has audits for a reason—so that everyone pays their fair share. In order to quickly process millions of tax returns, the IRS has certain […]

How to Do Your Taxes if You’re a Parent

While doing taxes is a chore (even for us), there’s something the government does that makes it a little more bearable: It doesn’t tax us on our whole salary. We report our income, but then the government keeps subtracting various things from it, like our education expenses or IRA contributions, to finally arrive at the […]

Tax Mistakes

What’s Your Tax Bracket?

There are two things you should know about tax brackets: The first is that they are misleading. In a perfect world, we would just look at your tax bracket (10%, 25%, etc), multiply that by your income, and voilà! You get the amount you’ll pay this year in taxes. But it’s not that simple. (Nothing […]

It’s sad but true. Following major disasters and tragedies, scam artists impersonate charities to steal money or get private information from well-intentioned taxpayers. Fraudulent schemes involve solicitations by phone, social media, email or in-person. Scam artists use a variety of tactics. Some operate bogus charities that contact people by telephone to solicit money or financial […]

For most taxpayers, the tax deadline has passed. But planning for next year can start now. The IRS reminds taxpayers that being organized and planning ahead can save time and money in 2014. Here are six things you can do now to make next April 15 easier. 1. Adjust your withholding.  Each year, millions of American […]