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Permalink Reply by JustMe on January 23, 2013 at 2:19pm

I've tried several creative options, no haps... Lol, but not really

luvsmoochez said:

If you are owing you may want to increase your 401K (if you are not at max)to take down your taxable income. It sucks to owe, but start you a 'business' on the side or something so you will have more expensies to write off. I know some folks *cough cough * can get very creative, but I am not picking up no extra kids so my broke azz cousins can be trying to get in my pockets.

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Permalink Reply by JustMe on January 23, 2013 at 2:20pm

But I'm definitely changing my 401k!!!!! Thank you

luvsmoochez said:

If you are owing you may want to increase your 401K (if you are not at max)to take down your taxable income. It sucks to owe, but start you a 'business' on the side or something so you will have more expensies to write off. I know some folks *cough cough * can get very creative, but I am not picking up no extra kids so my broke azz cousins can be trying to get in my pockets.

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Permalink Reply by DJ - A.K.A - DON_JUAN on January 23, 2013 at 2:29pm

bwahhaahaha

luvsmoochez said:

If you are owing you may want to increase your 401K (if you are not at max)to take down your taxable income. It sucks to owe, but start you a 'business' on the side or something so you will have more expensies to write off. I know some folks *cough cough * can get very creative, but I am not picking up no extra kids so my broke azz cousins can be trying to get in my pockets.

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Permalink Reply by Bonita on January 23, 2013 at 5:35pm

Not sure how increasing ur 401 k will long term it's either taxed now or taxed later. But am not about to give general advise to folks let me get off and go paid for it....lol I def look out for my BA sisters who have contacted me directly

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Permalink Reply by Bonita on January 23, 2013 at 5:35pm

I should do a tax planning blog for ya'll

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Permalink Reply by Josh on January 23, 2013 at 5:54pm

Well the benefit of working overseas will be in full effect for me. First 96k tax free. YES!! And i opt for the ROTH 401k and just pay taxes now vs when im 60 or whatever because we know taxes are just gonna keep going up. They still gonna get me for some. I think ill end up paying 10k or less. smh the government always want theirs.

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Permalink Reply by Bonita on January 23, 2013 at 6:01pm

@josh I specialize in expat tax wish all my assignees understood like u but then I will be out of a job

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Permalink Reply by Josh on January 23, 2013 at 6:44pm

There will always be those who don't listen even when the truth is rite in front o them. O well we all gotta eat.

Bonita said:

@josh I specialize in expat tax wish all my assignees understood like u but then I will be out of a job

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Permalink Reply by luvsmoochez on January 23, 2013 at 6:52pm

Well I am the same person that likes my money all through the year, so I take my exemptions up front and break even.  I like my money and I want it now. No use in letting the government hold mines. I know what to do with it and obviously they don't or the country wouldn't be in a deficient. We all do what works for our pockets and my money is out there circulating making me more money.   

 
Bonita said:

Not sure how increasing ur 401 k will long term it's either taxed now or taxed later. But am not about to give general advise to folks let me get off and go paid for it....lol I def look out for my BA sisters who have contacted me directly

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Permalink Reply by Riri Anon on January 24, 2013 at 1:48am

@smitty I wish I knew how to help because I maxed out of pell grant and still have 5 classes left I only have my student loan. That's only going to pay for four classes so I feel ur pain! Then my bf has 700 dollars worth of parking tickets on my student account ugh

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Permalink Reply by SACK CHASER on January 24, 2013 at 6:08am

@Bonita, a tax blog would be greatly appreciated!

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Permalink Reply by Rad on January 24, 2013 at 12:10pm

This has always been my thinking. I'd rather break even than get a refund. I refuse to give the government an interest free loan out of my pockets. 

luvsmoochez said:

Well I am the same person that likes my money all through the year, so I take my exemptions up front and break even.  I like my money and I want it now. No use in letting the government hold mines. I know what to do with it and obviously they don't or the country wouldn't be in a deficient. We all do what works for our pockets and my money is out there circulating making me more money.   

 
Bonita said:

Not sure how increasing ur 401 k will long term it's either taxed now or taxed later. But am not about to give general advise to folks let me get off and go paid for it....lol I def look out for my BA sisters who have contacted me directly

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