Income Taxes

How To : Fill out schedule A deductions of the federal 1040

The world of taxes and filling out the 1040 form itself is pretty confusing, especially if you're unsure about the terms, "deductions" and "credits". In this video you will get a full walkthrough of how tax deductions work and how to fill out the Schedule A portion of the 1040 ...more

How To : Pronounce the English word "scrutinize"

Today's word is "scrutinize". This is a verb which means to check and examine very closely. For example, you can say, "Tax authorities often scrutinize tax filings of people who have large foreign-source income."

News : The World's Shortest Game of Monopoly: 21 Seconds

Time to call up Guinness. Professors of Notre Dame University have supposedly invented the shortest possible game of Monopoly. Over in four turns (that's just nine rolls). Via NPR: "Dan Myers of Notre Dame University talks to Robert Siegel about his claim that he's figured o ...more

How To : Adopt a child

The adoption process can be long and taxing. Start off right by learning the basic procedure. Step 1: Learn the requirements Find out the qualifications to adopt. In the U.S., adoption laws vary from state to state. For international adoptions, check federal regulations and th ...more

How To : Buy a home with financial preparation

Looking at homes is the fun part. But before you go house hunting, make sure you have your financial ducks in a row. Step 1: Know your rights Buying a home can be a complicated legal process, so begin by familiarizing yourself with your legal rights. Step 2: Shop for a mortg ...more

News : Local Politicians in the Los Angeles area.

Representative Henry A. Waxman is in charge of California’s 30th Congressional district. He is part of the House Energy and Commerce Committee. Ever since he began his career in the government business, he has been involved with health and environmental issues. He represents c ...more

News : Can U.S. Economy Tolerate a Tax Increase in 2013?

The rhetorical skirmish over this question is the prelude for bargaining that’s likely to culminate after Election Day as President Barack Obama tries to persuade Congress to raise income tax rates on people with incomes over $200,000 and Republican try to keep the current tax ...more

Obamacare Passed : What It Means to You

I'm sure a lot of people have been following the news and depending on your position on the issue, you might have been happy or dissappointed about the fact that Obamacare has been OK'd by Congress. Let's see what this really means to us. First off, Obamacare is also known as ...more

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