It is no secret that in general, I think it is best to be totally debt free. Just take a look at my series on Debt Free Forever. However, there are times when credit is necessary, and even if you are on a cash basis, there are times when a good credit score is important. […]
Why Now Is The Time To Start A Business
I started my first business during a recession, and now, during this recession I am starting another one. I think recessions are the best times to start a new business, especially a service business, and I am going to quickly tell you why. #1. Rents are cheap. You can tell yourself all you like that […]
Save Money by Going Green
Get Great Yields From Home Conservation Projects Investments in home-energy conservation can produce extremely-high yields in the neighborhood of 10% to 40%. In addition to the satisfaction that comes from regular monthly savings, we can also feel good about conserving energy and lessening our impact on the environment. The idea is that we treat yearly […]
Taxes are Illegal?
The man sitting across my desk had been a client for years. He had come in to tell me that he would not be using my services ever again. “Why?”, I asked. He had found a lawyer who had told him that income and social security taxes were illegal. All my former client needed to […]
Don’t Pay Off Your Credit Cards! – Not This Foolish Way
It should be clear by now, that here at Money, Debt and Taxes we are big fans of paying off your credit cards. But when it comes to paying off your debt, it is amazing how much bad advice is out there, even from trusted sources. Recently I came across an article on The Motley […]
What To Do When You Can’t Pay Your Taxes
April 15th has arrived, and you don’t have enough money to pay your taxes. What are you going to do? First of all, don’t panic. You are not alone. Every year thousands of people come up short when it comes time to pay the IRS. Here is what you can do when you can’t pay […]
How To Get Out of Debt – Debt Free Forever
This is the fourth post in a series that will explore how you can become debt free, and stay debt free forever. Future posts will talk about when you should and should not use credit cards for purchases. Why you should care about your credit score, how to save money on every day expenses, will […]
Over $1 Billion in Refunds Available
Have you filed your 2005 Income tax return yet? That is not a typo, I am asking about your 2005 tax return, not your 2008. The reason I am asking, is because I don’t want the IRS to be able to keep over a billion dollars in uncollected refunds. (Of course, used right that might […]
Tax Deductions for Your Online Business
Last year I wrote a post called 101 Tax Deductions for Your Online Business. I was looking it over today, and thought I would point out a few of my favorites. #10. Business related webinars and seminar fees. This is one of my all time favorite deductions, because I love to travel, and I love […]
Eliminate Tax Debt with an IRS Offer in Compromise
Are your unpaid back taxes overwhelming you? Are you looking for tax debt relief? If you don’t think you will ever be able to pay off your tax debt, you may be able to eliminate a large portion of your tax debt with an IRS Offer in Compromise. With an Offer in Compromise, the IRS […]