Tax Rants by David Rocci- December 2011

It’s that time of year when the we realize that we may have to pay a little more in taxes than we would like so it is time to make some donations to our favorite church or charity. Although, most

Low and moderate income workers can take steps now to save for retirement and earn a special tax credit in 2011 and the years ahead, according to the Internal Revenue Service. The saver’s credit helps offset part of the first

Everyone is feeling the pressure with end of the year quickly approaching.  The Christmas season can often cause stress due to shopping, family parties, work functions and of course the over spending. However, the stress on Capitol Hill is much

The irony behind the battle on Capitol Hill regarding expiring tax cuts is that it is going to hurt the economy in the eventually as lawmakers will have to find a way to stimulate the economy to make up for

Capitol Hill is preparing for another battle this week.  This stage in the war is over payroll taxes, and whether to end, extend or expand the two- percent cut that is set to expire December 31st.  The House passed a bill on Tuesday, but it is unlikely to get through the Senate.  A tax cut is simply reducing incom