The countdown is on. It’s hard to believe but 2009 will be a memory in about two months. How are you going to finish strong and make these last two months matter when it comes to your finances? The last two months of the year can often be the most difficult when it comes to [...]
Have you noticed a few more bucks in your paycheck lately? It could be the result of the Making Work Pay Tax Credit. It’s part of the Stimulus Package, but not everyone will benefit. In fact some people could end up owing money when tax season rolls around. If you fall into one of these [...]
The impact of the $787 billion Federal stimulus bill may be a bit difficult to see, understand and appreciate for most Americans. So far, many believe that the promises of the stimulus bill have fallen short. According to an analysis done by the Associated Press, there have been fewer jobs created than anticipated and money [...]
It is unfair that people who work for companies that offer health care benefits get those benefits without any taxes being owed on that money. In other words, the out of pocket expense incurred by the employee (to match employer payments) comes out of the paycheck before taxes. That means there is less income for [...]
Many taxpayers were thrilled when President Obama announced that part of the stimulus package was to be in the form of more money in each paycheck. Some of those taxpayers may not be quite so thrilled come next tax season. It seems there is a glitch in the IRS system that is causing many taxpayers [...]
Being a work at home mom, a freelance worker or a business owner can have a wide range of tax benefits. Some of those are well known, but there a few deductions or credits that might surprise you. Tax Deductions and Credits You Didn’t Know 1. Most people know about the child care tax credit [...]
What better day to protest higher taxes and outrageous government spending than April 15– tax day. More than 2,000 TEA Party rallies were held cost-to-coast to send a message to Washington that voters are not happy with the way lawmakers are spending tax payer dollars. I attended a TEA Party rally in Simpsonville, South Carolina. [...]
Taxed Enough Already (TEA) parties are going on all over the country on April 15- tax day. Millions are expected to take part in these rallies as a way to let their lawmakers and President Obama know they are fed up with a system that rewards failure with bailouts and runs up national debt to [...]
The general feeling is that April 15 is a day to be dreaded, avoided and hurried through. But several businesses are giving you a new reason to find joy in tax day. Cinnabon Cinnabon announces that “Tax Day Bites” which is why they’re handing out free bites from 5-8 on April 15. The free bites [...]