Archive for April 2011

Credit Card Companies are Wooing the Wealthy

Written by Guest Contributor - 2 Comments

This is a guest post from Jim Sloan.
If your mailbox is filling up these days with zero percent balance transfer offers and other goodies from credit card companies, consider yourself among the elite.
Credit card companies, stung by new federal regulations that are preventing them from making money through punitive interest rate increases and penalty fees, [...]

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Published on April 19th, 2011
Modified on April 25th, 2011 - 2 Comments
Filed under: Credit Cards
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Series I Savings Bonds Rates – May 2011

Written by Nickel - 6 Comments

This is just a quick note to say that the March inflation numbers are out, so we can now calculate the new Series I Savings Bond rates that will go into effect in May.
As I’ve noted in the past, the Series I Savings Bond rate is composed of a fixed and a variable portion. Based [...]

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Published on April 18th, 2011 - 6 Comments
Filed under: Saving & Investing
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Have You Checked Your Tax Receipt?

Written by Nickel - 2 Comments

In honor of taxes being due today, I thought I’d point out the new Tax Receipt calculator over on the White House website. In short, this is a tool that gives you a percentage breakdown of how your tax dollars are being spent. Even if you don’t want to look up your own numbers, it’s [...]

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Published on April 18th, 2011 - 2 Comments
Filed under: Taxes
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What if You Owe Income Taxes and Can’t Afford to Pay?

Written by Nickel - 3 Comments

This morning, I talked about what happens if you file your taxes late. The short version is that you’ll face penalties that are more severe than if you had file your return (or request an extension) on time, but fail to include payment for the amount due.
Okay, but what if you can’t afford to pay [...]

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Published on April 15th, 2011
Modified on April 18th, 2011 - 3 Comments
Filed under: Taxes
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What Happens if You File Your Taxes Late?

Written by Nickel - 6 Comments

With just a few days left before taxes are due, I thought it would be worth talking about what happens if you miss the deadline and wind up filing late. The short answer is that you run the risk of penalties and interest, and failing to file on time is much worse than failing to [...]

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Published on April 15th, 2011
Modified on April 18th, 2011 - 6 Comments
Filed under: Taxes
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How Much Money Should I Save?

Written by Neal Frankle - 7 Comments

A client came in today and he asked me an important question. We were doing some retirement planning and he asked me about the rule of thumb for saving.
Andy and his wife Rachael are both 46 years old. They have two children, ages 7 and 4. They don’t have to worry about getting out of [...]

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Published on April 14th, 2011
Modified on April 5th, 2012 - 7 Comments
Filed under: Retirement, Saving & Investing
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How to Request a State Income Tax Filing Extension

Written by Nickel - Leave a Comment

In response to my recent post about what to do if you won’t be able to finish your taxes on time, I received an e-mail from a reader asking the following question:
What about a state income tax extension? Is there a form for that, too?

Assuming that you’re running behind on tax prep, and that you’re [...]

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Published on April 13th, 2011
Modified on November 16th, 2011 - Leave a Comment
Filed under: Taxes
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Five Ways to Blow Your Tax Refund

Written by Guest Contributor - 4 Comments

This is a guest post from Jennifer Rose Hale.
You filed your taxes 12 days ago, and the “ding!” from your computer is an e-mail alert from your bank. You’ve got money! Sure enough, it’s your tax refund. If you got one, you’re not alone: the most recent figures from the Internal Revenue Service show that [...]

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Published on April 12th, 2011
Modified on April 18th, 2011 - 4 Comments
Filed under: Debt Reduction, Frugality, Saving & Investing, Taxes
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Get 100k Bonus Miles from the Chase British Airways Visa Card

Written by Nickel - One Comment

It looks like the airline credit card space is starting to heat up. Joining the recently-expired Capital One matching miles offer and the ongoing Chase Sapphire Preferred 25k point signup bonus, we now have a 100k mile signup bonus from the British Airways Chase Visa card.
Here’s the deal: Simply apply for the card (and get [...]

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Published on April 11th, 2011 - One Comment
Filed under: Credit Cards, Travel
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What If You’re Not Going to Get Your Taxes Done in Time?

Written by Nickel - Leave a Comment

Guess what? There’s just one week standing between you and the income tax filing deadline. Have you filed your tax return yet? If not, you’d better get moving!
By now, you should have long since received all of the necessary paperwork, including your W-2 and 1099 forms. If not, be sure to check out these [...]

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Published on April 11th, 2011
Modified on April 18th, 2011 - Leave a Comment
Filed under: Taxes
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