The first time you do your own taxes is often a nerve-wracking experience. You worry that you are going to miss something and get hit with a steep penalty from the IRS. Fortunately, you can use www.TurboTax.com to file your taxes yourself with confidence. Follow the tips below to complete your taxes with TurboTax 2015.
1. Gather Your Paperwork.
Getting your financial paperwork, including your W-2 and 1099 forms, together before working with TurboTax is a critical first step. Being organized at the start will save you a lot of time as you proceed
2. Check the Cost.
If … Read more at 2011 Tax.
Are Annuities a Good Investment
There are two different types of annuities: deferred annuities and immediate annuities. The type of annuity you choose depends on how soon you expect to receive payments. If you are looking for a long term investment where you plan on making withdrawals once you reach retirement then you might choose a deferred annuity. If you are looking to make withdrawals sooner than you may want to choose an immediate annuity.
Either type of annuity can be fixed or variable. A fixed annuity acts like a CD from a … Read more at 2011 Tax.
The truth is that annuities can be a very good investment for the average person. The advantages to investing in annuities definitely outweigh the risks.
Many people think that annuities are a bad investment because they think that annuities only pay a fixed return. This is only true if a person buys a fixed annuity. There are a wide variety of annuity products that offer a variable return comparable that on mutual funds. These include variable annuities and indexed annuities.
Others think that annuities are a bad investment for average people because they have to be purchased immediately in one … Read more at 2011 Tax.