Taxes

Tax Fun Facts! (But Are They True or False?)

July 13, 2020
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Happy Monday, everyone! :) Thought it’d be fun to share some tax trivia — some true facts 😇, and some false facts 😈 — since we’re nearing the end of a super-long filing season here in the U.S. (Public service announcement: Taxes for 2019 are due THIS WEDNESDAY! That’s July 15, 2020.) I’ve dug up (and made up) these weird tax facts for a little […]

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A cool way to use your tax refunds

February 19, 2020
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Morning! Saw this comment come through and it reminded me to get my a$$ in gear and finally wrap up my own taxes ;) How are you doing with yours? Getting any refunds back? Here’s an idea of what you could do with it if you are: Thanks to earned income I get a tax refund of anywhere from $4k to $7k per year. I […]

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Did you know you have to pay taxes on all winnings?!

January 17, 2020
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It’s true… Winnings are considered “income” and you can get in some serious doo-doo if you try to hide it. Though reputable places will at least remind you of it when they send you a nice tax doc at the end of the year informing you they’re reporting it to the IRS :) And it’s not only applicable to things like winning the lottery or […]

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What are you doing with your tax refunds?

March 14, 2019
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Saw this list come out on the best ways to use your refund money, and thought I’d use it as an opportunity to live vicariously through you guys since I’m getting squat this year ;) Though by no design of my own as I LOVE getting a nice chunk back every year and thinking about all the ways to power your goals! Even if it’s […]

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4 Ways to File Your Taxes for Free

January 30, 2019
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Morning, hustlers! Anyone already file their taxes and feeling good about it? Yeah, me neither ;) But I have started putting all the paperwork in one neat pile, if that counts for anything?! Haha… The good news though is that there are a handful of *free* places you can file your taxes this year, so before you get into it be sure to check ’em […]

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A Free Way to File Your Taxes This Year! (Federal + State)

January 31, 2018
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I know I know, taxes – ugh. But I might have something for you that could save you hundreds of dollars this tax season, both in filing fees, as well as getting back the maximum refunds owed to you. It’s a tool called MyFreeTaxes.com, and despite its somewhat spammy name I guarantee it’s legit ;) Not only do I have a good friend who recently […]

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The Ultimate List of What Belongs in Your Net Worth (And What Doesn’t)

October 23, 2017
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Do you include pensions in your net worth? How about art, insurance, homes, cats, baseball cards? These are some of the most popular questions I get asked, outside of “Is J. Money your real name?” (Yes) and “how did you get so damn sexy??” (I don’t know, it just comes natural! ;)) So today I thought I’d list out my personal feelings on it, and […]

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My Top 7 Disagreements With Personal Finance Experts

January 6, 2017
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[Hey guys! Have a feisty one for you today from fellow blogger ERN at EarlyRetirementNow.com. Some of these you may disagree with, as do I (no emergency fund? Blasphemy! ;)) BUT I always love hearing other peoples’ perspectives, and Ern here can surely put up a convincing fight. Regardless of where you stand though, I hope you’ll find some takeaways here to help you in […]

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ZOMGGGG… Getting $11,000 Back in Taxes!!

April 1, 2014
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$11,706 to be exact. And no, this is not an April Fool’s joke ;) (I was going to pretend I sold this blog for a million dollars and was dipping out, but came to my senses figuring you guys were way too smart for that… It’s pretty obvious my blog is worth at least a billion.) So today, I feel rich my friends! Despite my […]

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$47,150.29 – The Total Spent on Our House Last Year

January 22, 2014
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I write today’s post with both disgust, and relief. Disgust because we shelled out over forty-seven THOUSAND freakin’ dollars on our house last year (!!!), but a sweet relief that we’re finally out of that dang place and onto greener pastures… as well as getting all those renos out of the way too. But it still stings looking at the numbers no matter how you […]

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The Only Good Thing About Losing Income

October 28, 2013
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You pay much less in taxes :) It’s been an interesting ride here the past 4 months in the Money household… We’ve gone from an average of $150k in salaries down to about $80k. And throughout it I’ve come to appreciate a lot things I’ve since forgotten. Like, that nothing’s ever permanent. Or perfect. Or always fun, for that matter. All of which is okay […]

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Help A Reader: Buy a House to Prevent Uncle Sam?

June 17, 2013
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Got an interesting email over the weekend, and thought you’d enjoy reading and chiming in :) Can’t say I’ve heard of this one as a driving force to go out and buy a house! Haha… Though bonus points for the creativity. Here’s what our dear reader sent over: Hi J$! My husband has recently secured a nice, but temporary for now, gig that will bring […]

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In Which I Forget To Pay My Taxes…

April 24, 2013
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Just when I thought I was a pimp with my taxes, I go and do something stupid like *not* paying them. I’m such a dummy!! I was literally sitting on my couch on the 15th watching the horribleness unfold with Boston, when a friend of mine tells me it’s just a sad day overall. And indeed it was. First one of our cousins passes away […]

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Spend $25,000 to Save $9,000?

March 19, 2013
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I finally got my act together and sat with my account for tax stuff! And MAN does that always feel so good – regardless of the outcomes :) Just to knock something off your brain and free up more space, ya know? Hate those nagging thoughts that continually linger… And just like all years, I am always shocked that I don’t owe as much as […]

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