Feb 13 2010

Weekend Links: Taxes, Taxes, Taxes

One year ago, I was able to use TurboTax to file my own tax return since it was quite easy because I was still in school. A small, simple W-2 form. A few trades. A few dollars in savings interest. And that’s pretty much it. Done in 15 minutes.

Now out of school, I’ve got so much more going on. In addition to just regular employment, there is freelancing, blog income, and student loan interest. This year introduced a big part of taxes that I had been mystified by – deductions and credits. With Realm of Prosperity picking up steam, I might have to seriously start considering this blog a business.

Even if you don’t plan on filing on your own I think it is a great educational experience to use tax preparation software to compare your results with those of a professional accountant.

On to some interesting articles from around the personal finance blogosphere:

  • Is Paying Kids for Good Grades Wrong? at Darwin’s Finance. While any incentive to get good grades would have been great, I never got a penny for doing good in school. In fact, I studied so I wouldn’t get punished – not to make some money. Stereotypical of Asian families to beat their kids if they don’t meet the expectations.
  • Take Your Competitive Resume and Tweak the He#$ Out Of It! at MyLifeROI. Unemployment rates haven’t seen any good signs lately and the world is becoming more dynamic, which means our resumes require more of a sparkle than usual. I’ve revised my resume a few times and you should too.
  • In China, It’s Sexy To Save!! at Weakonomics. What a lovely article covering the harsh truth of how things work in China through the study of economics, relationships, and biology. I don’t know if it was a good or bad thing that I was born in the U.S because I’d be super sexy in China (since I like to save).

Check out this guest post I contributed to Free Money Finance:

Realm of Prosperity participated in a carnival:

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