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Still Time to Qualify for Saver’s Credit at Tax Time

The saver’s credit (not a deduction) comes in the amount of $1,000 for individuals or $2,000 for married couples, however the actual amount will be adjusted based on your filing status, adjusted gross...

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Organize Your Finances Before the New Year

Last night I spent a couple hours digging through our finances before the years end.  There are plenty of good reaons to do this a couple times a year, but for me it’s the property tax adjustments that...

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2008 Recap of DIY Savings

To recap on the year, I have put together a list of some of the bigger DIY projects my wife and I have undertaken this year that have substantially saved us money.  Actually, after adding up the...

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If You Like it Then You Better Put a Tax On It

Taxes are right around the corner.  Most of us hope we get a decent return, while others just hope they don’t have to drain their savings to cover the bill.  But have you ever really given thought to...

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What it is In the New Stimulus Plan?

Stimulus Time Again! Negotiations have finally gotten to a point where details have been released of what will be included (debated) in a new stimulus package worth around $825 billion dollars over a...

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List of Tax Deductions for 2008

Its one of the constants: taxes.  Where the other is death, most have a hard time choosing.  I found myself at a time agreeing with most that these are the worst times of the year.  But now I have a...

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Second Chance at 2008 Stimulus Check

If you didn’t receive your full rebate check a few months back, you may still be eligible to apply for the remainder of your stimulus if you made less in 2008 then in 2007.  The original stimulus...

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Better Save Than Sorry

I saw this on an ING billboard on my way to work today and I love it.  I don’t know about you guys, but the recession-like economy is starting to show its colors.  At first, most of us just pretended...

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What is the First Time Home Buyers Tax Credit?

Congress has been blamed for pushing homeownership so much so that in part, they helped our subprime crisis evolve.  After all, it’s easy for them to turn a regulatory eye when their constituents are...

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What Will I Receive in the New Stimulus Bill?

What’s in the 407 page stimulus bill that will actually affect the normal taxpaying citizen?  Because of the enormity of the bill and the various sectors it reaches, whether you realize it or not,...

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10 Things the IRS Won’t Tell You

Smart Money Magazine has provided us with a very interesting look into the back end of the Internal Revenue Service. A lot of people have a pretty negative view of the IRS and there are also those...

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Why Is My Paycheck More?

Why is your paycheck more than usual?  Because the economy stinks and the Democrats are in control!  That was intended to be a joke, but it’s actually true.  You may have noticed that your paycheck is...

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Recession Rhymes

Recession Rhymes By: MYM Humpty Dumpty Hedge fund managers sat on a wall The over leveraged risk takers had a great fall All the taxpayer dollars and President’s men Tried to put the wall street...

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March Madness, Federal Reserve Style

It is March Madness–in terms of the Federal Reserve printing more money than ever before… The Federal Reserve is going to infuse another $1.2 trillion dollars into our economy by purchasing government...

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How the Tax System Works

The biggest expense you will ever have is taxes, which is a fortunate, but unfortunate cost.  Most of you have probably already filed your 2008 taxes and now  will not even speak the word “tax” until...

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