Taming Personal Debt by Paul Sampson
I recently picked up Taming Personal Debt
I seldom buy anything at Shoppers Drug Mart as I can usually get everything I need at Superstore, but the few times I have gone to Shoppers, I discovered that they provide great incentives there whenever you spend a specific amount of money. For example, just recently my husband and I went to pick up some special toothbrushes there and because we spent more than $75 we got a $20 gift card for Boston Pizza. Nice!
When it comes to using credit, it is really important to always be thinking ahead. Remember, when you need credit you won’t likely be able to get it, so when you are working full time and things seem to be going your way financially, this is the ideal time to be applying for credit.
Take Joe for example. He is a 30 -year -old full time truck driver. He is earning $60,000 per year and life is good. He never bothers to apply for a credit card or a credit line because he is able to comfortably live off of his income. Then, tragedy strikes and he gets laid off from work. He soon depletes all of his excess cash flow and suddenly finds himself strapped for cash.
J.K. Lasser’s Your Income Tax 2011: For Preparing Your 2010 Tax Return
Whether you do your own taxes or you hire an accountant, if you are an American, you will benefit from reading J.K Lasser’s income tax book. It provides you with all kinds of tips that will ensure you are filing your taxes properly and maximizing your tax savings. Even if you have an accountant do your taxes, it is still important for you to understand any tax credits or deductions that you are entitled to. It is in your best interest to make sure you are taking advantage of everything available to you..
The book is an easy to read, comprehensive guide that will walk you through the tax process, outlining information on the various tax forms, and much more. After skimming this book, you will be well equipped to tackle your taxes. While doing your taxes, if you come across something that is unclear that requires clarification, you can be sure you will find the answer in this guidebook.
Use J.K. Lasser’s book as a reference while you prepare your taxes to ensure that it goes as smoothly as possible. Since we are not all tax accountants, it is nice to know that there is a well written and easy to understand guidebook that can walk you through the process and make it less painful.
Check out this book today. You will not be disappointed. There is information in this book that will be helpful to anyone who has to file taxes in the United States. The book covers a wide range of topics including discussions about IRAs, real estate, life insurance, and so much more.
Canadians pay a lot of income tax and any way that we can find to reduce our tax bill is a major plus. Yahoo! Finance has a really great article titled “Slash Your Taxes” that I would recommend you read before filing your taxes this year.
The majority of the tips discussed in the article focus on how spouses can effectively split their incomes in order to reduce the taxes owing for the highest wage earner. Examples include using a spousal RSP, having the lower wage earner opening sole-owned investments, and lending money to the lower wage earner spouse so they can invest.