Fighting Past Wars
Well into my adult life I continued to have dreams that I was in High School. When I would get in trouble I would say “I don’t care I’m 56R...
Author: jeffbellamy
Another way to look at it.
For me, determining where people were on the political scale was a matter of how they felt about the poor. At one end we had “people are poor because they...
A line on a piece of paper
Take a piece of paper and draw a line horizontally across the middle (side to side like the horizon). This is your financial success calculator. If you have eno...
The Monty Hall Problem
This is a probability problem which most people get wrong. Monty presents three doors. Behind two doors there are Goats. Behind the other there is a New Car. Yo...
Why do people owe the IRS? Identity Theft.
Identity Theft is a Big Deal with Billions of dollars per year being paid out in fraudulent refunds. So you file your tax return and everything seems fine. What...
Why do people owe the IRS? Failure to file
What happens when you fail to file your tax returns? Every year the IRS receives W-2s and 1099s representing wages and other incomes which you have received. Th...
Why do people owe the IRS? Under Withholding & Retirement Accounts
If your employer is withholding money for income taxes from your check how do you end up owing the IRS. Your employer withholds based on the information you pro...
Why do people owe the IRS? Self Employed part 2
So the Self Employed can owe the IRS because they didn’t make sufficient Estimated Tax payments. The Self Employed use a Schedule CÂ to declare their incom...
Why do people owe the IRS? Self Employed
I am an Enrolled Agent and have represented hundreds of people with Power of Attorney before the IRS. This had led me to think about why people owe. Today we...
A little and a little
If you use the power of “a little and a little” many things aren’t as hard as you might think. Just consider how effortless it is to make a me...