If you owe more than you thought at tax time, then you may be underwitholding or did not plan for for self-employment taxes. 1) Underwithholding. You have W-2 income and for whatever reason, not enough is withheld for federal income…
First off, if you got an audit letter, like a 30 day notice to respond, from the IRS, you almost certainly got previous letters from them which you responded to in a timely manner, right? Please tell me you did…
The ginormous rescue plan that is about to become law includes retroactive waiver of unemployment tax on first $10,200 of unemployment benefits. I see no reason reason why unemployment should be taxable at all. However I’m afeared this is going…
Hydropower is the largest source of renewable energy in the world, yet is often overlooked. It shouldn’t be. When California is having a heat wave and needs electricity from out-of-state sources, massive hydro in Washington and Oregon delivers gigawatts of…
Without electricity, everything stops. The Texas power grid is having huge problems keeping the power on in part because, although everything was winterized according to spec, the cold was “well beyond the design parameters of an extreme Texas winter”, plus…
Gamestop options chain. Completely insane. I’ll try to decipher this to non-traders.This chain closes today at market close. Look at strike price 290. If Gamestop closes above 290 today, it makes a profit. If it closes below, the option expires…
Jonathan Scott’s Power Trip is an excellent documentary by the Property Brother about how utility companies are at war against rooftop solar. He installed solar on his Las Vegas house then watched as net metering was killed by utility company…
Their name was the National Socialist German Workers’ Party, right? So, they must have been some kind of commie! Or so say some on the right. The short answer is. Sort of. In the beginning. The Nazi Party did indeed…
Tankies are hardcore communists who believe Stalin was just a jolly guy and that rolling the tanks into streets to intimidate and kill opposition is always a good idea. Dig a little and you’ll find tankies are heavily authoritarian and…
I prepare taxes at H&R Block. Because of Covid, many taxpayers will prefer to do their taxes completely online this coming tax season. So, Block is making it even easier to do virtual tax returns starting in January. The key…
