bologna taxes - stairwayofphi

Bologna Taxes

bologna taxes - stairwayofphiWhen it comes to disliking taxes, I'm no visionary.  I, like many others, do everything I can to avoid as much as legally possible to keep my piece of the pie out of self-interest.  But if you make money, taxes are unavoidable.  Well, at least our tax dollars are going to help people in need, though.  ...Right?

Unfortunately, I reached a discovery yesterday which made me question the effectiveness of the federal government and realize just how a huge chunk of taxes are a bunch of bologna.Continue reading

How To Give Yourself A Bigger Raise - Stairs

How To Give Yourself A Bigger Raise

How To Give Yourself A Bigger Raise - StairsAt work, my group has undergone several manager changes since I've been employed.  Currently, we have a temporary manager while the upper-level management tries to find a suitable fit for our batch of guys.  It's expected to be roughly a month before we get a new, more permanent manager.  Earlier this week, though, I got to see my last manager walking around our building with a stack of letters.  I knew that could only mean one thing - raises!

Ah, my first raise - how exciting.

Everyone at the company got one, so it isn't like I'm a top performer or anyone exemplary there.  In fact, like Mike Judge's character, Bighead, being unassigned in Silicon Valley, lately I feel I've been doing very little, so I don't believe I actually deserved any additional compensation.  But I'm not going to refute it - more never hurts!Continue reading

Understand Taxes in 10 Minutes

Understand Taxes in 10 Minutes!

Understand Taxes in 10 MinutesPeople speak of calculating their taxes like it's some sort complex algorithm, only understood by the great financial sages of our time.  Others believe that no one really knows what you should be paying, that it's all just random and all you can do is hope you get it close enough to avoid a tax audit!  Maybe this misconception is caused from the misinformed belief that money matters are difficult, private, and shouldn't be discussed (let alone understood!), but these beliefs are dumbfounding to someone who knows the rules and just how simple they really are!  The real truth is that, for most people, determining your personal taxes is so easy that anyone with a middle school education can do it!

Knowing how simple it really is, I'm always baffled when I talk to intelligent, active thinkers who view taxes as a mystery because that's all they've been told.  So today I'd like to take the mystery out of it!  I'll break down the concepts surrounding taxes as simply as possible so that you can understand taxes in 10 minutes and then be able to calculate your own taxes so that you can be confident that you're paying the right amount AND so that you can plan appropriately for tax years to come!Continue reading