Are you expecting a income tax refund? Whether you have already filed or not, chances are like many Americans you are eager with anticipation. The grand question is, how should you use the money? Refund season is an exciting time that people look forward to every year. Whether you decide to spend or save, before you preorder the next generation of iPhone or start taking bids on swimming pool installations, here are some great ideas on how to put that refund to good use. Do Y

Maximize profits by minimizing costs. In other words, "do everything you can yourself and don't pay for anything new until you have absolutely must". That's the common mentality of the self employed. Sometimes, it's especially difficult for business owners to justify hiring financial help like a bookkeeper when there are user-friendly software programs such as QuickBooks available, though they often wrestle with finding the time to make the necessary entries and worry if the

When most of your earnings are paid in cash, bartenders, waitresses, and others in the service industry are inclined to let much of the cash go undeclared. However tempting this may be, its a bad idea. The IRS is wise to this little tax evasion scheme, and while you are hardly Al Capone, if they determine you failed to declare part (or all) of your tips, you'll be facing penalties and interest on the unpaid taxes due. While it's unlikely you'd wind up in a maximum security pr