Taxes: What’s Changed for 2009? Started your taxes yet? Well, when you do, you’re going to find some changes to the tax laws that will probably mean a lower tax bill. Have more questions about what’s changed for 2008 / 2009? Just use the comment link below and we’ll try to get the answer for […]
Who Has to File Taxes?
Who Has to File Taxes? This time of year, taxes are on just about everyone’s mind. However, not everyone has to file a tax return. Money Editor Stacy Johnson covers some of those reasons why you might not be required to file an income tax return. (Video runs 1:24)…
Second Chance for a Stimulus Credit
Second Chance for a Stimulus Credit It’s not often the government gives you a second chance at some extra cash if you miss out the first time. But that’s the case with the Recovery Rebate Credit, part of the economic stimulus package that was passed by Congress in 2008. Taxpayers got a maximum $600 each […]
Stimulus Checks Tripping Up Taxpayers
Stimulus Checks Tripping Up Taxpayers The Internal Revenue Service warns that many taxpayers are mistakenly trying to double-dip on last year’s federal tax rebate when they file their tax returns this year — and the IRS is catching the errors. A sampling of returns shows 15% of early filers made mistakes in the section dealing […]
Tax Withholding: Should You Change Yours?
Tax Withholding: Should You Change Yours? Many tax and financial experts are encouraging taxpayers to review their 2009 withholdings now, as it may be that, due to economic conditions, taxpayer’s income may be reduced due to layoffs or cutbacks on the job. Essentially, this means, you could be having more tax taken out of your […]
Lower Your Property Taxes
Lower Your Property Taxes As many as 60 percent of us pay TOO MUCH on our property taxes. So how do you get your taxes lowered? Money Editor Stacy Johnson has some suggestions in this short (1:38) video… .
Taxes: One Myth Dispelled
Taxes: One Myth Dispelled There used to be a policy stating that anyone aged 55 and over could exclude up to $125,000 of his/her gains from the sale of a house. This was availed of under the premise that this is done only once. The newer rules now are actually more specific. In […]
Housing Bill Offers Breaks for Taxpayers
Housing Bill Offers Breaks for Taxpayers The federal housing and foreclosure relief legislation just signed into law by President Bush contains a little-noticed—but potentially far-reaching—change in real-estate tax policy. It permits millions of homeowners who don’t itemize on their federal tax filings to claim a deduction for at least part of their local […]
Taxes: Your Odds for an Audit
Taxes: Your Odds for an Audit If you’ve already filed your taxes this year, and are now relaxing for another year, don’t get too comfortable just yet. Seems the IRS is now auditing more taxes than ever, and the number is only expected to get larger in the future. Being rich has some […]
Tax Changes in 2008
Tax Changes in 2008 New changes to the tax law will lower your taxes in 2007, but raise them in 2008. Learn about those changes in this short video (runs 1:21) If you have questions or comments, contact us using the "comment" link below. Your privacy is protected. We NEVER publish anyone’s email […]
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