June 17, 2014
2 Much Cents Update
I’m sure my longtime and faithful readers are now accustomed to my periodic “Lightning Rounds,” but let me take a moment to back up for newer readers.
The Lightning Round is designed to be an interactive dialogue where I ask you to submit any personal finance questions you may have. Also, if there are any financial topics or news stories that you’d like to know a little more about, please submit those as well. I hope you know by now that I'm always willing to try to answer any questions you may have, but between now and midnight, June 22nd, I will be accepting questions for the Lightning Round: Take 3. I promise that I will eventually answer every single question; however, I will answer the first five topics that I receive publicly as my next post!
If you’re fine with me using your first name and you want to be a part of a 2MuchCents post, go ahead and submit your question ASAP. If you’d prefer to be listed as “anonymous,” or if you would prefer I just get back to you privately, just say the word, and I’ll be happy to oblige. Please feel free to reach out to me via Facebook, email, LinkedIn, my cell, or by posting a question or comment directly on this post.
For 113 posts now, I’ve tried to write about what I think you may find interesting and helpful. However, I feel like The Lightning Round gives me a chance to zero in on what topics and questions you specifically have, and hopefully, lets me “scratch an itch” for you. The inaugural Lighting Round and the Lightning Round: Take 2 seemed to go pretty well, and you know what they say, the third time's the charm!
2MuchCents is continuing to roll right along and now has more than 20,000 unique views! Please continue to read and please continue to share my posts with anyone and everyone who you think could benefit. The phone lines are now open, and I’m taking requests!
-Tom
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Hi Tom,
ReplyDeleteI have two questions for you that I'd love to have answered in your next lightning round post!
1) Can you explain, in layman's terms, what supplemental income needs to be reported come tax season and how to do so? For example, I sell Thirty-One on the side and it's not a lot of money, so I'm curious if I even need to report it and if so, how?
2) For the life of me, I do not understand the ad valorem tax. I've read a few government documents on it, but none of them are explicitly clear. Can you please explain for us new-to-Georgia folks?
Thank you!
Amanda