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...
View ArticleOrganize 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...
View Article2008 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...
View ArticleIf 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...
View ArticleWhat 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...
View ArticleList 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...
View ArticleSecond 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...
View ArticleBetter 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...
View ArticleWhat 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...
View ArticleWhat 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,...
View Article10 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...
View ArticleWhy 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...
View ArticleRecession 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...
View ArticleMarch 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...
View ArticleHow 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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