More Bad News on Taxes and Points: Amex 1099′s Gift Chain Prizes
When Citibank sent out 1099’s last month to customers who had received 25,000-point sign-up bonuses for opening checking and savings accounts, the whole points community was up in arms. The tension ahs...
View ArticleTPG on Fox Business News: The Taxation of Frequent Flyer Miles and Points
There’s been a lot of buzz lately on taxing miles and points and I recently got a chance to talk about my position on Fox Business’ The Willis Report. The host, Geri Willis, is a fierce consumer...
View ArticleAmex Issues Revised 1099′s for Unclaimed Gift Chain Prizes
Following up on the post a couple weeks ago about Amex sending out 1099s for prizes from their Gift Chain promotion including duplicate ShopRunner memberships, our TPG intern Ryan came across a...
View ArticleDoes it Make Sense to Pay Taxes With a Credit Card?
As Tax Day begins to loom, a question I start getting a lot around this time of year is whether it’s worth it to pay your taxes using a points-earning card. Sure, you get the points, but many of the...
View ArticleWhy I Paid My Taxes With a Credit Card to Earn Points and Hotel Nights
I always get asked if paying taxes with a credit card is a good way to rack up points. My answer is always: it depends on your situation since there are fees involved using credit cards, so the value...
View ArticleMaximizing the Delta Suntrust Debit Card
Lately we’ve seen lucrative 100,000 and 75,000-point sign-up bonus offers on credit cards, so a simple 5,000 bonus on the Delta Skymiles World Check Card might seem a tad underwhelming. However, the...
View ArticleMaximize Monday: Making The Most Out of Your Taxes
Tax season is upon us and the April 15 deadline to send your money to Uncle Sam fast approaches. Before you write a check, though, I thought it would be a good idea to go over the various other options...
View ArticleFees Waived For Limited Time on Chase Prepaid Visa Debit Cards – Good Way To...
Note: I am not a tax advisor, so before you make any decisions, you need to consult your personal tax professional. Chase is now offering Visa gift cards of denominations up to $500 and waiving the...
View ArticleTax Time Pointers: Earning Points on Taxes
It’s tax time again, and as we all prepare our annual statements (that is, if you don’t do it quarterly like many small businesses do), chances are you’re wondering if there are any opportunities to...
View ArticleWhat Credit Card Should I Use To Pay My Taxes Off With?
Tax time is upon us this week and TPG reader Vick tweeted me asking me what credit card I would recommend to use to pay my taxes. Here is his question: “@thepointsguy If I’m going to pay my taxes is it...
View ArticlePaying Taxes With Credit Cards: 10 Scenarios That Might Make Sense
It’s Tax Day, and one of the questions I’m asked the most at this time of year is whether paying taxes with a credit card is a good way to rack up points and miles and if so, what credit card to use to...
View ArticleHow Can I Earn Points or Miles for Tax & Mortgage Payments?
TPG reader Melony emailed me to ask: “Are there any ways to earn bonus points or miles for tax payments and mortgage payments these days?” I’ll start by answering the tax portion of Melony’s question....
View ArticlePaying Taxes with a Credit Card to Earn Travel Rewards
Every year around this time, I start getting questions about earning travel rewards from tax payments. Today, TPG Senior Points & Miles Correspondent Jason Steele explains both how to collect those...
View ArticleTop 13 Rewards Credit Cards for Paying Taxes
Tax Day is less than two weeks away, so if you haven’t decided how to pay your taxes yet (or don’t know what your taxes will even be), it’s time to make some decisions. One of the questions I get asked...
View ArticleHow About VAT? — Don’t Forget the Traveler’s Tax Break
There are plenty of travel sites that tell you how to do things the right way — but as every traveler knows, sometimes things go wrong. In his bi-monthly travel and credit card mistake series, TPG...
View ArticleA Points & Miles Guide to Paying Your Taxes
With April 15 around the corner, most of us have taxes on the brain. Below, TPG Senior Points & Miles Contributor Jason Steele shows you how to get the most out of these inevitable payments by...
View ArticleDo I Have to Pay Taxes on Cash Back Rewards?
TPG reader Tina sent me a message on Facebook to ask about taxes: “Are cash back rewards that get deposited directly into a bank account taxable?” Credit card rewards can be incredibly lucrative; not...
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