New years resolution withholding calculator 2011

59

By LillyGrillzit

©Copyright LillyGrillzit all rights reserved Dec 30, 2010, Chief Master Anderson Tae kwan Do Center, Little Rock, AR®©

In response a question asked by Ms. Debby Bruck on HubPages

Great Question Ms Debby! Finally. It only took half a century to figure this one out

See all 2 photos

New Year's resolutions, like Tax withholding

Lilly compares New Year's Resolutions to Taxes.


  1. Taxpayers have Federal Withholding increased as a savings account , hoping for a larger refund in January.
  2. By having the withholding be closer to the actual tax liability this will increase in-hand income for each pay period through the year. Then, taxpayers have more purchasing power, and can better meet their own needs. IRS Withholding Calculator (or www.irs.gov/Individual/5th Paragraph down the page 2/14/11)
  3. Why live on credit paying interest to use your own money, while storing your money at the US Treasury where you do not earn one cent of interest, and have lost part of your own consumer spending power?

_______________________________


  1. New Year's Resolutionssaved for one night per year, is an overwhelming agenda.
  2. By making short, medium and long term goals monthly and annually, coming to a New Year's resolution need be only a small thing such as Bahamas or Hawaii?
  3. Why live all year with no desire to change or improvement? If we live for Resolution of bite sized goals, we have more success, which generates more positive energy, and power to make big changes.


Lilly used this photo, because it is a group of inner-city kids being taught by a local hero who has resolution and teaches it to each student. Chief Master Anderson made a commitment to be an honorable man. He grew up very poor, in the Eastern US. His mother helped him build a dream. He got involved in martial arts , excelled, and is the first African American to achieve the rank of Chief Master. Chief Master Anderson, has taken the teaching of the great Master's to heart. Leaving a successful chain of Tae Kwon Do dojos, he came to Little Rock, and stopped an epidemic of children shedding each other's blood over shoes. He gets some recognition from the City and State that he stopped from being a war zone. He gets no financial help, no grants, no Governor's awards.s.

This is a great question. It made a Hub. :0)

2010 tax software

QuickBooks Pro 2012
Amazon Price: $131.89
List Price: $229.99

Accounting at home

QuickBooks Pro 2012
Amazon Price: $131.89
List Price: $229.99

How to fill out W-4 from IRS withhold correctly

Achievement and setting goals

Sims 3 Showtime  [Download]
Amazon Price: $39.99
Rosetta Stone Spanish (Latin America) Level 1-5 Set
Amazon Price: $499.00
Rosetta Stone Spanish (Latin America) Level 1
Amazon Price: $179.00

Healthy lifestyle bikes

Schwinn Easy Steer Tricycle, White
Amazon Price: $80.98
List Price: $99.99
Mobo Triton (Pink) Ultimate Three Wheeled Cruiser
Amazon Price: $299.00
Mobo Mini - The World's Smallest Luxury Three Wheeled Cruiser 12" (Green)
Amazon Price: $186.75
List Price: $249.99

Napoleon Hill wrote the Law of Success in 1937

The paperback Think and Grow Rich by Napoleon Hill is still a best seller in the business and, or self-improvement section of booksellers. 

The master key to the attainment of your desires

Happy New Years, 2011 and Beyond

  • Give yourself a break, don't make an entire years worth of goals in one night
  • Pay yourself. 
  • Stop living on credit, while loaning the US Treasury thousands interest free all year.
  • Goals are like baby steps or 12 steps, One day at a time
  • Small goals = Medium results, Small and Medium accomplishment are the fuel for success
  • In 52 weeks, 7 failures = 47 successes. 
  • Goal setting and taxes, make 2011 a year to be easier on yourself, and accomplish more
Lilly wants to wish every person or creature who reads this the very best in the year to come. Lilly has powerful personal goals, that she will accomplish, and knows that it will be side by side with many of those who read this. Let's do this...
Taxes. Lilly has over withheld this year, only because she withheld her 90% of tax liability for last year. Lilly has had an unexpected, multiple changes, low income this year. This will be the last one for at least two years as she forecasts. Hopefully and beyond. 
Make goals, get more of your own money, be fruitful, and have fun. Happy New Year

Source: Sign Generator

Comments

katiem2 profile image

katiem2 17 months ago

I like this concept a lot! Very practical and honest. Oh how great it would be if people did the good in their life as they pay taxes regular and consistent! Whew we'd all be far better off.

Lilly this is a great concept indeed. I love the way you think, share and help us make our lives better! :) Katie

Debby Bruck profile image

Debby Bruck Level 7 Commenter 17 months ago

Dear Lily ~ Thanks for exploring making a 'financial' annual resolution. This great idea for those who want to keep within their budget requires planning, which requires putting the idea down on your personal list. Happy New Year. Love, Debby

P.S. appreciate this take off from my Feed Question

prasetio30 profile image

prasetio30 Level 8 Commenter 17 months ago

You made my day so colorful with this hub. I need refreshment in 2011. I hope 2011 become the best year for us. I am glad to follow your resolution. I have to be a new person with better personality and struggle to achieve my dream. Rating up. Thank yo very much. Happy New Year!

Prasetio:)

LillyGrillzit profile image

LillyGrillzit Hub Author 17 months ago

Ms. Katiem2, Debby Bruck and prasetio30 all in a row is like getting the entire triple pack of the Ferrero Rocher Choclates, wrapped with gold foil. What a treat!

Ms Katiem thank you for being the first to comment. Thank you for you kind comments and encouragement. I hope I don't come off too smarmy or like I'm a good two-shoes, I am perhaps an idealist. I look forward to being mad about paying in taxes as a self-employed person, but I do know tax law, so it won't be as brutal. Thanks Ms Katie.

Ms Debby, you started this! I got my HubPages newsletter for the week, and they featured this question. I have a personal goal and I am taking them as they come. Your Question inspired me completely!

prasetio30, I am happy to bring you a feeling of refreshment and new and goodness for the New Year. Thank you for reading and rating up! The very best to all of you guys! :0)

Sweetsusieg profile image

Sweetsusieg Level 5 Commenter 17 months ago

I'm trying to figure out my goals for this year. Right now I have 2 goals. Buy and install an electric stove, this will allow me to cook more since currently I used propane, not only is the price thru the roof BUT when I run out in the middle of the week I have to wait to get more.. The 2nd goal is to utilize my savings account BRUTALLY... my 2 youngest have deemed it worthy to pay me rent (they are both over the age of 18) part of that will go into my savings. My earnings here on HubPages will go into another account... to be saved as well.. GO ME!!

For me having goals... well it's something new I'm trying rather than let the chips fall as they may.

Thanks for making me think!!

LillyGrillzit profile image

LillyGrillzit Hub Author 17 months ago

Sweetsusieg Thanks for the read and thoughtful comments. Knowing you, you will get the first one knocked out. The second too...Next year at this time, we will look back and be thankful where we are then and how far we came from now. 2011 and beyond. 12.30.10

MartieCoetser profile image

MartieCoetser Level 8 Commenter 17 months ago

I take my hat off for people like Chief Master Anderson. Napoleon Hill is one of my most favourite wise men. I obey his laws with great success. Taxes are an issue I ignore until I get a last warning to submit my forms. Thanks so much for your best wishes, Lily. My wish for you, too, is only prosperity for 2011 and beyond. Enjoy this last day of 2010.

LillyGrillzit profile image

LillyGrillzit Hub Author 17 months ago

Dearest Martie, Thank you very much for this read. It seems as if many Hubbers are parts of mastermind groups here. It is a thrill each time I learn someone else has been affected by this very profitable way of thinking. :0) Thank you for the blessing words and well wishes, I accept happily each one! Happy new years eve. The last of 2010.

TattoGuy 17 months ago

Happy New Year Lilly x

LillyGrillzit profile image

LillyGrillzit Hub Author 17 months ago

Happiest of New Years to you!

BobbiRant profile image

BobbiRant Level 4 Commenter 17 months ago

A most Happy New Year and a big tax windfall to you also in 2011 my Dear. Great hub.

LillyGrillzit profile image

LillyGrillzit Hub Author 17 months ago

Thank you very much BobbiRant, Ready! :0) Thank you!

Ingenira profile image

Ingenira Level 5 Commenter 17 months ago

A great new year resolution indeed that makes a great hub. Happy New Year, Lilly !

LillyGrillzit profile image

LillyGrillzit Hub Author 17 months ago

Ingenira, Thank You! The best for 2011! Thanks for the read, and nice comments.

cheaptrick profile image

cheaptrick Level 3 Commenter 17 months ago

Money money money huh Lil.I wish I could go on a long long sailing adventure this time of year.Imagine multiple projects employing Many people with different tax situations and the whole mess falls right into my lap...every year[not to mention all the changes that have come down].I don't think Tod[our money guy] and I have been out of the office for more than four or five hours a day during the last five weeks.This is the first time I've been able to do more than glance at my friends hubs.Thanks for reading my latest piece,it's the hardest thing I've ever written.I'm so so sorry I haven't visited more but Ive been very busy.Well laid out hub with lots of good info.Voted up and useful!

Dean x

Granny's House profile image

Granny's House 16 months ago

Lilly, as always another great hub full of good advice. Keep them coming.

LillyGrillzit profile image

LillyGrillzit Hub Author 16 months ago

@Granny's House, thank you!

LillyGrillzit profile image

LillyGrillzit Hub Author 16 months ago

@cheaptrick, I am sorry for not responding to you personally, I understand about getting behind, I read all my following Hubs from September, until about the time I responded to your Hub.:0) You will have lots of material when you get a chance to write here again/more. The very best cheaptrick, :0) Thanks for popping by for such a nice comment too!

chan0512 profile image

chan0512 16 months ago

Lilly,

Great idea and article as always! Great picture too .. Voted up and shared. Thanks for sharing.

LillyGrillzit profile image

LillyGrillzit Hub Author 16 months ago

@chan0512! An honor, I am sure. You are the big money guy, I pinch the pennies...LOL. thank you for the votes and share!!

Submit a Comment
Members and Guests

Sign in or sign up and post using a hubpages account.



    • No HTML is allowed in comments, but URLs will be hyperlinked
    • Comments are not for promoting your Hubs or other sites

    Please wait working