Many taxpayers have more taxes withheld from their pay than necessary. You should try to have your income tax withholding match your actual tax liability, especially if you normally get a large refund and you would like more money in your paycheck. If not enough tax is withheld, you will owe tax at the end …
Tag Archive: interest
Permanent link to this article: http://www.easttexasreview.com/escape-tax-surprises/
Jul 21
Personal financial change: adjust withholdings
According to Clay Sanford, IRS spokesman one should try to have their income tax withholding match actual tax liability. If not enough tax is withheld, you will owe tax at the end of the year and may have to pay interest and a penalty. If too much tax is withheld, you will lose the use …
Permanent link to this article: http://www.easttexasreview.com/personal-financial-change-adjust-withholdings/
Jun 18
Be your own loan shark
By Mary Hunt Can you imagine wanting to pay outrageous amounts of interest? Do you ever see yourself gladly making monthly payments to a greedy finance company? Would you like to love a loan shark? Impossible? No, it’s not. All you have to do is become your own banker. You’ll be borrowing from yourself, making …
Permanent link to this article: http://www.easttexasreview.com/be-your-own-loan-shark/
Jun 11
Tax amnesty deadline looms
Texas Comptroller reminds businesses of upcoming tax amnesty period Texas Comptroller Susan Combs is reminding businesses they can soon begin clearing up their tax records without penalty and interest when the state’s Fresh Start tax amnesty period begans June 12. The tax amnesty covers taxes and fees that were originally due before April 1, 2012. Businesses …
Permanent link to this article: http://www.easttexasreview.com/tax-amnesty-deadline-looms/
May 21
Crushing college dreams
On the very day that student loan debt reached the $1-trillion mark, Senate Republicans blocked a vote to extend the 3.4-percent interest rate on student loans for another year. By Marc Morial As graduation season swings into high gear, a new economic crisis confronts thousands of this year’s high school and college grads — crushing …
Permanent link to this article: http://www.easttexasreview.com/crushing-college-dreams/
Jan 05
Borrowing and financing, there’s a difference
By Mary Hunt OK, my Dear Readers, I have a question for you: Is there a difference between borrowing and financing? Don’t stress. I’ll tell you: There is, and understanding the difference is important to your financial health. Debt is the result of both borrowing and financing. But think of debt as a rope. You …
Permanent link to this article: http://www.easttexasreview.com/borrowing-and-financing-there%e2%80%99s-a-difference/
Aug 16
Back-to-school budgeting tips
By Jason Alderman Whether you’re a recent graduate going to college for the first time or a returning student, it will soon be time to get to campus – and payment deadlines for tuition and other fees are not far behind. “Be sure not to overlook any tax credits or deductions for education,” said Clay …
Permanent link to this article: http://www.easttexasreview.com/4704/
Mar 31
Procrastinators pay
I’m the last person to cast aspersions on anyone who procrastinates, given my own occasional lapses in that area. I’ll leave it to the self-help gurus to supply behavior-modification techniques. What I will say, however, is that procrastination can be a very costly habit. Here’s how putting off the inevitable can reap unpleasant financial consequences: …
Permanent link to this article: http://www.easttexasreview.com/procrastinators-pay/
