Saving to Inve$t

2012 Tax Refunds Smaller Than 2011 Payments

andys2i — Mon, 14 May 2012 19:04:32 PDT

The IRS recently published some statistics on 2011 tax returns (filed in 2012, excluding extensions) which revealed some interesting factoids, such as: - If you got a refund this year, chances are that it was lower than the one you received in 2011. The average tax refund amount paid by the IRS through the end [...]

Read the full article at savingtoinvest.com - 2012 Tax Refunds Smaller Than 2011 Payments

Buying a Used Car: Unnecessary Hassle or Financially-Savvy?

andys2i — Wed, 25 Apr 2012 16:39:16 PDT

Your once-proud set of wheels is now a sad, rusted-out tin can. And what’s that new rattle as you head to work? Repairs are mounting and it’s time to face the piper: like it or not, you need to buy a new car. Unfortunately, a new car is prohibitively costly: according to a 2011 study, [...]

Read the full article at savingtoinvest.com - Buying a Used Car: Unnecessary Hassle or Financially-Savvy?

2012 and 2013 College and University Tuition Rates Increasing

andys2i — Mon, 23 Apr 2012 19:38:05 PDT

As a part time MBA student, with a single income and young family, I am particularly sensitive to rising education costs. So I was dismayed to see that my university’s (already expensive) tuition costs were again rising. This is the third year in a row and my degree will end up costing roughly 10% more [...]

Read the full article at savingtoinvest.com - 2012 and 2013 College and University Tuition Rates Increasing

2012 Personal Exemption, Standard Deduction, EITC and Foreign Earnings Deduction Change

andys2i — Thu, 19 Apr 2012 20:32:12 PDT

With the 2011 tax filing deadline past (unless you filed for an extension) it’s a good time to remind yourself about some key 2012 tax changes. You can see the latest 2012 tax tables here which saw a widening of tax brackets and increases in personal exemptions and standard deductions due to inflation. Personal and [...]

Read the full article at savingtoinvest.com - 2012 Personal Exemption, Standard Deduction, EITC and Foreign Earnings Deduction Change

No More Social Security Checks in 2013

andys2i — Mon, 16 Apr 2012 18:14:26 PDT

Before you freak out at the title, know that social security payments will still be made in 2013; it’s just they will no longer be sent via checks in the mail. The US treasury announced that by March 2013 it will phase out paper checks for all benefit programs. This covers social security, veterans benefits, [...]

Read the full article at savingtoinvest.com - No More Social Security Checks in 2013