Category: Taxes

  • Do your taxes sooner rather than later

    Do your taxes sooner rather than later

    In the United States, most federal and state income taxes are due on April 15. A lot of people put off doing their taxes. According to the 2024 Tax Procrastinators report, 29 percent of Americans procrastinate on their taxes. (I would have guessed that figure was higher!) I’ll never forget the time I had to…

  • How I paid a large tax bill without going into debt (thanks to YNAB)

    How I paid a large tax bill without going into debt (thanks to YNAB)

    On April 17, the day before the tax deadline, my CPA give me some bad news. We owed $8903 for federal, state and local taxes for 2022. In addition, I needed to pay $4900 in estimated taxes for the first quarter of 2023.