Great Tax Day Deals On Food And Drinks

Tax Day deals are available for many people this year. The normal deadline for income tax filing is April 15. This year, some of us will have until April 18 to file our income taxes because Tax Day got moved to after the weekend. People who live in the states of Massachusetts and Maine will have an extra day to file because of Patriot’s Day.

Great Tax Day Deals
Great Tax Day Deals

Are you receiving some of the $330 billion in tax refunds being sent by the Internal Revenue Service this tax season? Restaurants all over the country are trying to grab their share of your windfall by offering mouth-watering deals.

You do not have to over-exert your wallet on this Tax Day. Instead, you can take advantage of some amazing deals on food and beverages. Take a look at some of the best Tax Day Deals you can take advantage of on April 18. You have access to deals such as these:

Boston Market marks its half-chicken meal down from the regular $11.77 price to $10.40 in tribute to the infamous tax form. If you’re in the mood for steak instead, head to Outback Steakhouse’s website to print a free coupon good for 15 percent off your tab on April 18. If you stop at Outback on an impulse, don’t worry — you can access this coupon from the Outback mobile app too.

If discount drinks are more your style, head to the restaurant at the Trump National Doral resort in Miami or to BLT Prime in Charlotte, New York, or Washington, D.C. These establishments are offering half-price beverages on April 18.

Stop at Schlotzky’s for lunch. This tax day deal nets you a small sandwich for free when you purchase a 32-ounce drink and chips. For an extra bonus, upload a picture of your free sandwich to Twitter or Instagram using the hashtag #TaxDayBites for a chance to win a prize.

Sonic: If you like Sonic food, you can receive a discount up until the 29th of April. You can get 50 percent off of certain items.

Great American Cookies: If you love cookies, you can have a free chocolate chip one on Tax Day.

Other companies that will be offering discounts are companies like Papa Murphy’s.

Finally, you can find cheap burgers to celebrate tax day. At Hard Rock Cafe locations, participate in karaoke outside of the restaurant to get a Legendary Burger, a $17.95 value, for free. Participants must be 18 or older. At Sonic Drive-In, you can get a single-patty cheeseburger for half off the regular price. Some Ohio McDonald’s locations are also offering tax day deals: In Cincinnati and Dayton, buy a Quarter Pounder or Big Mac and get a second for just 18 cents. In Toledo, this deal is available for Quarter Pounders only.

Some Tips On Doing Your Own Taxes

Doing Your Own Taxes may appear daunting, in a lot of cases however it is really not that difficult. In order to be successful with it though, you will need an accurate record of your expenses and incomes, and will also need to become familiar with the available tax codes. If you have questions for a tax professional on this topic just ask your question ateHow.com.

TurboTax

Instructions

1
You should generally stay organize and keep a record of your incomes and expenses throughout the entire year. You will need a dedicated binder or file system to keep your tax related files/documents together.

2
You should know the type of deductions you can make from your total income. You will need to itemize your deductions or take a standard deduction. Using some calculations or a tax software can help you to determine which is better for you. If your medical costs are low, and you are not paying a lot of mortgage interests or taxes on real estate, it may be better for you to take a standard deduction with your filings.

3
You will also need to become familiar with the tax forms. A lot of households will generally file the Form 1040. You can provide the details of your incomes online or may fill them in on the W-2s tax forms. If you had earned over $400 in self-employed incomes through freelancing etc, you will need to fill the Schedule C and SE forms and will need to deduct any business related expense against your self-employed income.

4
You should make use of some tax file and software online for accuracy and simplicity. You can make use of free software like TaxAct, TurboTax etc. Some banks (USAA etc) may provide some eFile services for free too.

5
You may key in your deductions, income, personal information and tax credits into a tax software/application or you can fill them in on some paper tax forms. You will need to include your W2 forms with your paper forms, or you can fill in your information when you are filing or generally doing your own taxes.

6
You can file your tax returns and then provide your bank details for direct withdrawal/deposit or could mail in your check. When you file your tax on the web, you should get an email acknowledgement, returns that you mailed will generally not get an acknowledgement however. If you get a refund or your payment is withdrawn from your specified bank account, you will then know that you have done what you should do right.

Doing Your Own Taxes photo
Photo by Internet Archive Book Images

Tips And Warnings

For taxes that are complicated and other issues you should contact an accountant.

You should also avoid getting any red flags with your tax filings (some tax software can alert you on this), in order to reduce the likelihood of your refund being audited by the IRS.

The Sharing Economy Can Make You Money

Taxation of this Sharing Economy:

The Internet, along with its rising social media, has created some very new opportunities for people to earn extra cash. This ‘sharing economy’ theme is defined as this – Putting up some unused resource either for sale or for rent (like a skill, parked vehicle, or empty room). This might seem a bit minor at first, but according to one statistic, this sharing economy actually represents as much as a $110 Billion dollar market.

One community marketplace for finding or listing or booking lodging all over the world, is Airbnb. This is done on the Internet and by mobile phones. They carry more than 500,000 listings for 33,000 cities, in 192 countries worldwide.

The Benefits:

If a taxpayer rents out a property for less than 15 days a year, they don’t have to report that income or the expenses on their tax returns. This enables them to rent out property for short periods of time with NO TAX liabilities. In order to qualify for this exception, all you have to do is use your home personally for over 14 days, or for 10% of the overall number of days, that you rented it out to other people for a fair price.

Another Investment Possibility: Prosper and LendingClub

If you are not someone with a spare bedroom or car that you can share, but you have available cash sitting around, you can make some money this way. Peer to peer lending through sites like Prosper or LendingClub gives you the opportunity to earn some extra cash. They allow individuals to either lend or borrow money, with a certain degree of anonymity, using interest rates that are credit score based. Risk levels are also factored in. Both of these sites will allow investors to lend out their money in increments as low as $25.

Create Your Post-College Budget In 6 Easy Steps

Establish A Post-College Budget In Just 6 Steps

Congratulations on having earned your diploma and on having received a job offer. This time of life is guaranteed to be exciting.

As you begin planning your next moves, it is vital to have a budget. How do you create a post-college budget? Following are several things that I discovered after having graduated and started my first adult job.

Consider Your Monthly Income

Investment
Investment (Photo credit: LendingMemo)

You might have an awesome starting salary, but you should not use this figure to write out your budget. Determine how much you’re going to be bringing in after taxes every month instead. Remember that federal taxes, social security and Medicare are all going to be deducted from your check.

Employees are going to have to pay 6.2% of their wage earnings, up to minimum wage. A tax rate of 1.45% is paid for Medicare. If you are self-employed, however, these rates are going to be double.

Next, figure your federal income tax rate according to your projected earnings. You will be surprised by how much is going to be deducted from your check.

Think About Retirement
Decide how much you are going to invest in your 401k. Will your employer be matching your 401k? Use this match to your benefit as it is included in your compensation. Invest the minimum in order to receive this match.

If you are able to, make an immediate effort to max out your 401k. Should you invest with pre-tax money, this is going to lower the rate for your federal income tax at the year’s end. Always use low-cost funds to invest.
H&R Block gives amazing tips for investing.

Take Advantage of Pre-Tax Dollars

Use a Health Savings Account or a Flexible Savings Account to save pre-tax dollars. Do you have forthcoming medical expenses that you can cover with pre-tax money? Braces, contacts, glasses, doctor visits and prescriptions are things that you can use this money for. These savings are automatic.

Wisely Choose Your Housing
It is very easy to move into a luxury apartment after graduating. This is what I did. In retrospect, I wish I chose an apartment that was more affordable.

Housing advice varies. Some people say that you should spend no more than 30% of your earnings for a rental or 28% for your mortgage.

List Your Monthly Expenses
List all of the bills that you need to pay each month including sewage, water, rent, Internet, electricity, groceries, cable, car insurance, gym fees, debt payments, renter’s insurance, cell phone services, etc. You will have to allocate you monthly earnings for these expenses. Budgets are used to track and manage this spending.

Save Money!
Put aside monies to create an emergency fund. You never know when car maintenance issues and other expenses will arise.

You can also invest in a traditional IRA or ROTH to take your savings plan a bit further.

Creating a solid financial house early in life will assure you of a comfortable financial future.