pocketmint

Tag: taxes

1. Reader Case Study: short sales and debt

   9 April 2012

   After I posted What to do — and not do — with your former mortgage dollars, I received a request for advice on a strategic default from a woman I’ll call Tricia. I agreed to give her some (friendly, I-am-not-a-lawyer) suggestions based on my own research, and she gave me permission to share our exchange [...]

2. Check infrequent habits for money leaks

   16 March 2012

   Normally when we think of habits, we imagine something we do frequently — every week, every day, or maybe even multiple times a day. But there are also habits that occur much more rarely — patterns of unquestioning behavior that we engage in only under specific, occasional circumstances. I had a facepalm moment recently when [...]

3. Dueling deadlines: taxes and FAFSA

   13 February 2012

   On January 31, I sat down at my computer with determination. This year, I would not wait until April. This year, I would calculate our taxes early. No 1040EZs here — we have complicated taxes that take hours and hours. Nevertheless, I was resolved to be done before the stroke of February. Are you laughing [...]

4. Quick and easy estimated income tax for freelancers

   7 June 2009

   Next Monday, June 15, is the deadline for filing second quarter estimated taxes with the IRS. If you are self-employed and so do not have taxes withheld from a paycheck, you need to discover if the IRS expects you to pay tax in quarterly installments. I confess that I’ve never paid estimated tax before. In [...]