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[caption id="attachment_929" align="aligncenter" width="1024"] Fall Camp Out with Cub Scouts...Much More Fun Than Tax Planning! [/caption] Anybody out there like free money besides this guy?  Yes, it's October, so it's time for the IRS to release valuable tax information for the upcoming year.  I've been hawking the internet for the 2016 tax-code changes and finally came across  this reliable source .  As usual, we plan on using this tax information to 1.) determine our free money and to 2.) develop a comprehensive tax plan for the next year.  Let the tax planning begin! FREE MONEY  My regular readers know that our " free money " consists of three main components:  the standard deduction, our personal exemptions, and our tax credits.  The total of these three amounts provides us with our free money amount.  In 2016, it appears that we'll be able to earn $34,750 of income before we owe any federal income tax.  Because we're a...

Cool fall greetings to all my current and future millionaire readers. Since September is done and gone, it's time for a Q3 hardcore savings update. As always, we continue to feed our 457 and 403b accounts with the intention of maxing them out in December. So far, so good! Thus far, we've managed to contribute $65,000 into our 457, 403b, and IRA accounts. In total, we have managed to save a little less than $70,000 thus far in 2015. [table id=34 /] How are your savings goals progressing? Good luck to all and keep on hammerin'! [table id=76 /]