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Don’t Junk It, Donate It

by on 02. Aug, 2010 in Finance, Money

Instead of towing your car to the junk yard, consider donating it to a charity for maximum tax write off and good karma. In most cases, even if your car is not running, you can still donate it and get a tax deduction of $500 if you itemize. Donating a car can be little tricky [...]

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Unemployed and Single Mother of 14!

by on 04. Feb, 2009 in Money, News, U.S

When I heard that an Unemployed and Single Mother of 6 children gave birth to Octuplets (8 kids), I felt that someone somewhere is really trying to push the envelope. If you are unemployed and have six kids, you are definitely on welfare. What would it do to you if you had 8 more babies? [...]

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Better Alternative to Refund Anticipation Loan for your IRS Refund

by on 01. Feb, 2009 in Finance, Money

Refund Anticipation Loan or RAL is nothing but a loan that you take out against your federal IRS refund. Almost all national tax preparation chains allow you to apply for RAL and then give you the money within 24-48 hours. The problem with RAL is that the extra money (APR) you pay for the convenience [...]

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