Even Famous People Have Tax Troubles

by Ron Haynes

Pay your taxes. Those three little words will keep you out of the hottest of hot water since the Internal Revenue Service won’t tolerate anything less! And no one I know wants trouble with the IRS. With the US tax deadline looming, I thought I’d highlight some high profile people with tax problems in the […]

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Have You Fallen for Any of These Myths About the US Income Tax?

by Ron Haynes

Myths about the US tax code are so prolific that the case law refuting the arguments from their proponents is deep … and broad. There seems to be no end to the people willing to risk it all to avoid paying income taxes. I don’t like paying taxes either. But the simple fact is that […]

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15 Surprisingly Legal Sources of Non-Taxable Income

by Ron Haynes

A few years ago, I was struck by how much income an individual could amass when that income wasn’t subject to income taxes. Non-taxable income is something to consider when you visit the Biltmore Estate in Ashville, NC. That family accumulated a massive fortune through shipping and railroads after starting a ferry service on Staten […]

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When Luck Bites Back

by Ron Haynes

With revenues declining for local, state, and federal governments, you can be sure the Tax Man will be on the lookout for his cut of your winnings, even if those winnings aren’t in cash.

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What To Do If You Haven’t Received Your W-2

by Ron Haynes

Employers are required to send W-2 wage statements to their employees no later than January 31 of each year. Many employers send W-2s earlier (some by a couple of weeks) in order to allow employees to complete their tax return as early as possible. That W-2 is critical to completing your tax return … without […]

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TurboTax vs H&R Block Online: Which Is Better?

by Ron Haynes

I’ve used H&R Block Online (formerly TaxCut) for 17 years and I’ve never had a problem of ANY sort with their tax preparation software, their electronic income tax filing, or their Worry-Free Audit support. But I’ve always wondered about using TurboTax. Was it easier to use? Was it more intuitive? Would it calculate my taxes […]

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Beyond “Little Known” Tax Deductions, Worry Instead About Forgotten INCOME

by Ron Haynes

This time of year, you’ll find blog post after blog post, news article after news article, pundit after pundit writing, and talking about “little known tax deductions.” Those don’t scare me. What does scare me are “little known” or worse – forgotten – sources of income that are subject to taxes. The IRS has a much better chance of finding income you failed to report than in discovering that you actually donated 7 garbage bags of used clothing rather than 9 bags of used clothing to the Salvation Army. So where do you think the IRS’s focus will be?

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25 Tax Audit Flags

by Ron Haynes

Tax audit. Just the words instill fear in the average taxpayer. A tax return is flagged for an IRS audit only about one percent of the time, and although that may not sound like a lot, getting selected for an IRS tax audit can be a time consuming and costly affair … even if you […]

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57 Avoidable Tax Mistakes

by Ron Haynes

Many of these tax mistakes are easily avoidable if you use Turbo Tax or H&R Block to prepare your taxes. I’ve personally used H&R Block for 17 years … this year could be my 18th … I’m planning to do my taxes this year with both sets of software, just to see if one works […]

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20 Questions to Help You Overcome Barriers and Find Your Passion

by Ron Haynes

Over time, we may find that we have forsaken our dream job, our passion, and our sense of fulfillment. Don’t make that bad decision. Because happy and fulfilled people are healthier and more productive, it’s good to answer the following questions to see if we can reclaim our passion and our dream job.

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30 Ways To Save Money On A Cruise

by Ron Haynes

My wife and I celebrated our 20 year wedding anniversary by taking an Alaskan Cruise through the Inside Passage. Simply put, we loved going to Alaska and immensely enjoyed the cruise itself. Although we’ve been on several Caribbean cruises with Carnival Cruise Lines, we chose Princess Cruise Lines this time. We were “kid-less” and wanted […]

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7 Secrets To Making A Restaurant Menu Work In Your Flavor

by Ron Haynes

It’s been a long day and as you pass your favorite restaurant, you realize that the last thing you feel like doing is going home, hauling out the pots and pans, and figuring out what to fix for dinner. Or maybe it’s Sunday, church has just let out and some good friends say, “Hey, let’s […]

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Why Your Last Performance Review Didn’t Go Well

by Ron Haynes

It’s that time again, time for mid-year performance reviews. Maybe your last review didn’t go so well. Maybe you felt like you were the victim of the “recency effect” where you did everything right for months but messed up twice in the last three weeks and got more of a reminder than a review. Maybe […]

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