March 24th, 2009 by admin
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Mark J. Orr, CFP asked: This is the first of a series of 2007 Tax reference sheets that I’ll be sharing with you over the next month or so. This one focuses on some of the major federal income tax [...]
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March 12th, 2009 by admin
Andy Andersohn asked: Big Tax Refunds=Poor Financial PlanningYou’ve heard this every spring in the lunch room at work. Joe bragging about getting a $1400 tax refund. Jenny tops him with a $2200 tax refund. Then Jack whose wife had a baby during the year and bought a new house tops them all with a $3100 [...]
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March 9th, 2009 by admin
There are many websites on the Internet today that gives much needed income tax help for those who have no idea of what’s going on during tax time. Income tax is a tax paid on income, unfortunately no matter how little it is. It’s paid by employees and people who are self-employed and may also be payable if you are not working but you have an income, such as a retirement pension or an occupational pension. Not all types of income are taxable and it will seldom be the case tha…
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March 7th, 2009 by admin
President-elect Obama made it clear that the first priority for he and his team will be to pass an economic stimulus package.
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March 7th, 2009 by admin
Knowing how to determine your tax status, and knowing the difference between each group will help to make filing your income tax return go smoother. Here we will discuss the ways in which you determine which status to file under.
There are five classifications from which you choose to file: single, married filing jointly, married filing separately, head of household or qualifying widower with dependent child. If for some reason, more than one status applies to you, you sho…
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March 7th, 2009 by admin
April 15th – “The Day of Reckoning”! Every year, millions of Americans get ready to pay taxes to Uncle Sam, or get ready to collect a tax refund from Uncle Sam; when did this become the great day that it is for taxpayers, and when are we actually required to file a income tax return?
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March 7th, 2009 by admin
Robert D. Cavanaugh, CLU asked: An additional income tax deduction may be available by contributing to an IRA. However, many people may not realize they qualify to have an IRA. So let’s take a look at the contribution rules.One of the things that makes IRAs so complicated is trying to understand the eligibility, maximum contribution [...]
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March 5th, 2009 by admin
ambilou25 asked: i would like an estimate of my tax return, i made 49786.47. fed withholdings:4467.00
sstax withheld:3086.76
medicare withheld:721.90
state income tax:2538.68Try Our Income Tax Refund Calculator Free
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