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Spring Cleaning: Tax Records You Can Throw Away
April 6, 2011
Spring is a great time to clean out that growing mountain of tax and financial papers that clutters your home and office. Here’s what you need to keep and what you can throw out without fearing the wrath of the IRS. Let’s start with your “safety zone,” the IRS statute of limitations. This limits the […]
Don’t Pay Your Taxes With a Credit Card
March 30, 2011
If you owe the IRS money this tax season and don’t have it available, avoid using your credit card or opening a credit card account for this purpose. It’s not financially productive and can lead to a substantial amount of further debt. Credit card issuers and even the IRS tout the convenience of using a […]