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Worth Reading

Recall Alert: Adventure Playsets Wooden Swing Sets

by Dana Zeliff on June 30, 20112011-06-30
in Worth Reading

Disclosure: This post may contain an affiliate link.

If you or someone you know has this Adventure Playsets Wooden Swing Sets, please make sure they have their children stop playing on it immediately!  Reports of  falling hazard have been reported from a weakening of fort sections due to rot.  This is occurring in the plastic-coated uprights, so I doubt you would even notice the rot before it’s too late.

[Read more…]

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Recall Alert: Circo Aloma Infant Girls Sandals

by Dana Zeliff on June 27, 20112011-06-27
in Worth Reading

Disclosure: This post may contain an affiliate link.


See if you’ve got these super cute girls sandals and return them to the store.  The decorative flowers can detach and pose a choking hazard.

Name of Product: Circo Aloma Infant Girls Sandals [Read more…]

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Ask an Accountant: Delayed Filing

by Dana Zeliff on June 26, 20112011-06-26
in Worth Reading

Disclosure: This post may contain an affiliate link.

Thanks to Mom on Dealz for sharing her series, Ask an Accountant!  Sharon is married to an experienced accountant.  Although tax season is over, tax questions arise year round.

Question:
If you’re late filing your taxes and the government owes you a refund, are you penalized?

Answer:
You will not be charged if the IRS owes you a refund. They can assess a failure to file, or assess tax based on the information they receive (which is all income from reportable sources & limited deduction info) so the result will be a tax due.

[Read more…]

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Recall Alert: Britax B-Nimble Strollers

by Dana Zeliff on June 24, 20112011-06-24
in Worth Reading

Disclosure: This post may contain an affiliate link.

Check the model number immediately if you own one of these Britax B-Nimble Strollers.  Luckily, no injuries have been reported.

Name of product: B-Nimble Strollers

Units: About 20,000 in the United States and 800 in Canada

[Read more…]

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Dating on a Dime: Try A Gourmet Item for Dinner

by Dana Zeliff on June 19, 20112011-06-19
in Worth Reading

Disclosure: This post may contain an affiliate link.

Creating quality time in a marriage or with a significant other is imperative to the strength of a relationship.  But how to you stay on budget with everything else going on in your lives?  Living on Love and Cents & Madame Deals have put together a great article for this weeks Dating on a Dime series: 

This week Amee has a great idea she calls “Whole Paycheck.”

[Read more…]

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Ask an Accountant: Claiming Review Items

by Dana Zeliff on June 18, 20112011-06-18
in Worth Reading

Disclosure: This post may contain an affiliate link.

Thanks to Mom on Dealz for sharing her series, Ask an Accountant!  Sharon is married to an experienced accountant.  Although tax season is over, tax questions arise year round.

Question:
Do I have to pay taxes on an item sent by a company to review?

Answer:

As far as products for review, the IRS requires you report the fair market value of the item. That being said, I would take one of the 2 aggressive positions:

1. A “de minimis” fringe benefit of the business (not feasible to track & report)

or

2. a barter transaction and your cost to review the item would be equal to the fair market value of the item so the net income would be 0. Unless the company providing the product issued a 1099-MISC for the fair market value of the product (and I don’t believe they ever will).

In my opinion filing a “de minimis” would be opening up a whole can of worms so I don’t think I would even report it.

*Please keep in mind this post is for informational purposes only and answers given are very general. Many things depend on individual circumstances. Please contact your personal accountant or financial advisor for your particular situation
.

photo credit: austinpost.org

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Recall Alert: Emma’s Garden Polka-Dot Girls’ Dresses

by Dana Zeliff on June 18, 20112011-06-18
in Worth Reading

Disclosure: This post may contain an affiliate link.


I love TJ Maxx and know most of you do too.  If you purchased these Emma’s Garden Polka-Dot girls’ dresses, please return it to your local store.  Thankfully, no incidents have been reported.

[Read more…]

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About The Coupon Challenge

Hi! I'm Dana, the writer behind the scenes of The Coupon Challenge, a Hampton Roads, VA based coupon blog. I'm a wife and mother of 2. After getting out of debt we started using our savings to travel together as a family and create memories.

Are you looking for ways to save your family money? I strive to help you save on the products you need, so you can spend more on the things you want. Read More about Dana & Family

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