Taxes

How to Request a Property Tax Reassessment

Several counties have begun sending out updated property tax assessments to request declining home values. You probably received notices of increases while property values were rising. Many people don’t know that they have the right to appeal the assessed amount if they feel it’s not right. If you’re successful, you could save thousands of dollars, but there are risks, too. How Property Tax Reassessment Works It partially depends…
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a person using macfor the article Is h&r block tax plus worth it?

Tax Software Reviews: H&R Block Tax Cut Pro

Is H&R Block Plus worth it? To answer that I did my taxes this weekend using two online tax software packages. I’ll post tax software reviews for each today and tomorrow. Today I’ll start with H&R Block’s Tax Cut Online. I was fortunate to win a free federal return from The Digerati Life, but anyone can use the software for free. You won’t be able to print out and…
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Is a Tax Credit Your Motivation to Buy?

Many people have noticed an interesting phenomenon in the housing market: tons of would-be buyers are flocking to low-priced homes. Some speculate that the first-time buyer credit is the cause. But is this really true? Is the new car tax deduction having the same result? Does the First-Time Buyer Tax Credit Motivate You to Buy? I think the answer here is: it depends. My husband and I are happy to accept the…
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H&R Block Tax Cut Software Giveaway

If you haven’t yet filed your taxes yet, this is your chance to use TaxCut Online Premium + State + efile completely free! I have one code for the full online software package (a $59.95 value) to giveaway to one lucky reader. Since we’re only ONE WEEK away from tax day, I will email the winner the code on Thursday night. All you have to do to enter is post…
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Save Money while Filing Taxes Online

It’s mid-February and my taxes are already done. Not only are they done, but I’m actually getting money back, which came as a surprise. Part of that is because I used free online software to prepare my taxes. The services found deductions that I might have missed. This year, it took me twice as long to prepare my taxes – two hours instead of one – because I…
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Budgeting around Tax Refunds

This year, as has happened before, some states are announcing that their tax refunds will be delayed due to budget woes. If you filed a Federal return and applied for the First Time Homebuyer Credit, you’re also in for a delay of two months or more. We filed in mid-February and the IRS says to expect our refund in mid-April.  In years past, many families budgeted around tax refunds. They planned…
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TaxAct 2011 Review

I prepared my taxes a couple weeks ago using my favorite tax software: TaxAct. I threw caution to the wind and only prepared my taxes with one type of software! I ended up getting a larger refund than I expected. As I’ve said before, I try to avoid owing taxes when I file or getting a refund, but because my husband was on disability for four months, we ended…
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10 Ways to Use Your Tax Refund in 2009

Last year I presented a list of five good ways and five bad ways to spend a tax refund. This year, I doubt most people will be taking their refund checks to Giant Appliance Mart and toting home a big-screen, but here are ten more tips for putting this year’s refund to good use. Catch Up on Your Mortgage If you fell a month late because of financial crunch,…
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Win a Copy of H&R Block’s TaxCut Software

This year, I have three copies of the boxed version of the H&R Block TaxCut Software: Premium Federal + e-File to giveaway. It’s a $34.95 value. The TaxCut software is similar to the online version, but it lives on your computer. If you want to be able to work on your return without internet access, this is the option for you. Here are some of the features: Report investments, dividends,…
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Tax Updates for 2011

It’s the beginning of the year, which means the IRS is busy sending out all sorts of tax changes and alerts. Let’s break them down. Deadline Extension First, let’s start with a bit of good news: Your taxes aren’t due until April 18. That’s because there’s a little known holiday in Washington, DC that will be observed on April 15, and April 16 and 17 fall on the…
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