Tag Archives: Taxes

The tax deadline is fast approaching and many last-minute filers are still waiting for the final moment to prepare their federal tax documents—despite having the cut-off date extended this year to April 18 from the usual April 15 deadline. According to the Internal Revenue Service, up to 25% of filers submit their paperwork in the last two weeks before the deadline. Being that today is April 11, BlackEnterprise.com spoke to IRS Media Relations Specialist Jodie Reynolds to get the 4/11 about the benefits of filing electronically, in what case filing for an extension is a feasible option, and the importance of verifying information. So, for those who haven’t gotten around to compiling a year’s worth of paperwork or individuals just brave enough to chance the fast turnaround, here are 11 tips that will have you (and your finances) in order in the final days of this tax season.

10 Ways to Save Money on Your Tax Return

It's that time of year. Here's how to prepare and save!

It’s that time of year. Here’s how to prepare and save!

By John Simons

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5 Financial Pitfalls to Avoid When You Come into New Money

Music producer Chuck Harmony shares advice on how to handle success the fiscally smart way

Over the years, producer <strong>Chuck Harmony</strong> has worked with everyone from <strong>Celine Dion</strong> (“I Got…

By Anslem Samuel

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Surprise! The IRS Counts Forgiven Debt As Taxable ‘Income’

Just because your lender cleared you of a debt doesn't mean Uncle Sam will when filing your tax return

Consumers are receiving so-called 1099-c “cancellation of debt” tax notices, informing them that the IRS…

By John Simons

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UBR Morning Post: Home Decor CEO Tina Shoulders

Bonus content on the entrepreneurs and strategies featured on The Urban Business Roundtable

This week on The Urban Business Roundtable, UBR Contributor Renita Young speaks with home decor…

By Alfred Edmond, Jr.

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The holiday shopping season is over and the New Year has begun. Reaching your financial goals starts with getting a clear picture of where you are today. Guessing and estimating will not do; you need to know exactly where you stand financially, to the dollar if not to the penny, not in your head, but on paper (even better, on computer). To increase your wealth by December 31, 2011, here's what you need to do NOW. --Alfred Edmond Jr.

5 Steps to a Richer 2011

Reaching your financial goals starts with getting a clear picture of where you are. Here's what to do NOW!

The holiday shopping season is over and the New Year has begun. Reaching your financial…

By Alfred Edmond, Jr.

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Washington Report: Obama Signs Middle Class Tax Cuts Bill Into Law

One lawmaker fears that voters (and Presdent Obama) will suffer for it later

After two weeks of venting and handwringing by their colleagues, House Democratic leaders were able…

By Joyce Jones

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Hip-hop artist M.C. Hammer is infamous for his financial fall from grace in the '90s, and his troubles followed him into a new decade. In 2009, he owed more than $671,000 in state and federal taxes.

10 Black Celebrities Who Have Had Their Share of Tax Woes

The IRS halts for no man--or star. See how some famous folks have (mis)handled their finances

Here are 10 black celebrities who felt the wrath of the IRS

By Janell Hazelwood

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What You Can Learn From … Wesley Snipes’ Tax Evasion Blunder

Negligence and protest are NOT your friends when dealing with the IRS. In fact, they could get you three years in prison

As Wesley Snipes reports to prison today to serve a three-year sentence for tax evasion,…

By Janell Hazelwood

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For further reading: 5 Financial Lies that Could Land You in Hot Water The 7 Deadly Sins of Money Management 16 Money Experts Who Want to Make You Rich

7 Money Lessons from the Bible

Who knew the good book contained wisdom for your life and your finances?

The Bible is not only a source of inspiration, comfort, and a guide for living,…

By Sheiresa Ngo

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Year-End Financial Checkup

Use this guide to help you evaluate your financial health

Here are some guidelines to help you conduct your own financial checkup.

By Sheryl Nance-Nash

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