We have goods news and bad news for those concerned with estimated taxes. The bad news is that estimated taxes for the fourth quarter of 2010 are due on Tuesday, January 18th, 2011. The good news is that estimated taxes for 2011 should be lower now that self employment tax is 13.3% and not 15.3%. Read More.

It is already a New Year which means that the deadline to contribute to a 401K plan for the 2010 calendar tax year has passed. Remember, 401K holders are allowed to contribute up to $16,500 each year. But, there is always the IRA. Read More.

We are down to the wire with only a few days left in the year to qualify for tax deductions that can lower your 2010 tax bill. Perhaps, one of the easiest ways to claim a tax deduction is to donate to charity. Everyone can donate, from first time tax filers to those over the age of 70 1/2 holding an IRA. Read More.

Commonly referred to as “The death tax,” the Estate Tax is “imposed on the transfer of a taxable estate of a deceased person whether such property is transferred via a will, according to the state laws of intestacy or otherwise made as an incident of the death of the owner, such as a transfer of property from an intestate estate or trust, or the payment of certain life insurance benefits or financial account sums to beneficiaries.” Read More.

You’re fresh out of college and you’ve got a decent new job (hopefully). You’re managing your finances, paying your bills, and saving where you can. Everything is humming along. And then you stumble across an article on the web that’s talking about end-of-year tax tips. You gasp and think, “Yikes! This will be my first time filing my taxes on my own – where do I start?” Read More.

This flat ETF happens to be in violation of consumer protection laws. As you might expect, this violation is not specific to just Verizon, many companies in the industry (AT&T, T-Mobile, Sprint) were doing much of the same. If you are a recipient of this settlement or a settlement from another wireless service provider (i.e. AT&T, T-Mobile etc.), you may want to learn more about why you received the amount you did and if that amount is taxable. Read More.

The Roth IRA conversion is a great opportunity to plan for your financial future. However, it is really important to understand the mechanics of the Roth IRA conversion process and the economics as applied to your specific financial situation. Read More.