Tax
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A Tax on Cosmetic Surgery — Love It or Leave It?
The Senate's proposed healthcare bill includes a novel approach to enhancing funding for reform: a five percent tax increase on cosmetic surgery. Procedures like tummy tucks, face lifts, hair plugs, collagen injections, Botox, or any other non-required procedure would get hit with the increase. The tax could raise as much as $6 billion.
6 Healthy Ways to Use Your Tax Refund
The days leading up to April 15 can be particularly stressful if you owe Uncle Sam, but those of you who are receiving tax refunds might have some extra pep in your step. Sure, put some of it in the bank, but now could be the time if you've been looking for a way to invest in your health. Start the slideshow to see six healthy ways to use your tax refund.
Dear Poll: What will you do with your Tax Refund?
Happy tax day! Are you getting a refund this year or did you have to pay up? Some people view their tax refund as "free money" while others are much more responsible with their government issued check.
Hard on Soft Drinks
A recent proposal to push for taxes on soft drinks was rejected on 11/14/06 by the American Medical Association. The initial proposal was an attempt to combat the obesity epidemic in the United States. Instead, the nation's most influential doctors' group voted in favor of a proposal for a broader-based effort to combat obesity, the Associated Press reported.
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Tax Season Don'ts
A fifth season exists, and it's one that isn't defined by the weather. Tax season has arrived and will hang around until April 15, the deadline for filing your 2009 income tax return. It doesn't have to be complicated.
Tax Tip: Set a Date With Your Taxes
Procrastinating is an art for many, and even more people assume the skill when it's time for filing our tax returns. Completing tax returns is tedious and can be time-consuming — it's not exactly the way I want to spend my precious free time.
Set a date with your taxes to prevent the April 14 panic.
Savvy Tip: Deduct Your Donation to Haiti on Your 2009 Taxes
If the news of the devastating earthquake in Haiti, and relief efforts like the star-studded telethon that raised $57 million last week have inspired you to contribute a donation you're in for a handy tax treat. You can claim your donation as a tax deduction on your 2009 return. Consumer Reports advises:
To qualify, the donations must be monetary—not sold securities or used clothing, for instance — and must be to a qualifying domestic charity that is assisting Haiti.
Are You Doing Your Own Taxes or Hiring Someone Else?
I haven't sat down with my tax man yet, but our official date is approaching. I consider myself a tax smart gal — I'm SavvySugar, after all — but when it comes to getting my financial business finished I turn to a professional. He's the keeper of great advice (for example, last year he suggested taking pictures of donations) and he knows the nitty-gritty details that I don't.
How Many W-2 Forms Do You Have For 2009 Taxes?
Many of us have taken on second (or third) jobs as the economy has worsened, which means multiple employers were responsible for reporting your taxes. How many W-2 forms do you need to file your tax return this year?
How Many W-2 Forms Do You Have For 2009 Taxes?
Tax Tip For Married Couples
Filing jointly isn't necessarily the best option for you and your spouse, even if you have promised to be there in sickness and in health. The goal is to collectively pay the least amount of taxes possible, so run the numbers for both filing scenarios before settling.
Couples may benefit from separate filing if one of you had large medical expenses, high business expenses, or if one of you had significant theft losses.
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