Recently, President Obama asked Congress to consider an extension of unemployment benefits allowing workers to receive up to two years of benefits. Currently, in some states people ca...
Earlier this year, we talked about how cell phone taxes were becoming a large portion of the cell phone bill. Although the IRS has not changed that aspect of the bill, they have made some chan...
Whether your child is leaving for college next week, next year or 15 years from now, it’s always a good time to consider your college savings strategy and tax advantages. One path to take ...
So you have rental property. Maybe it is a place at the beach, or perhaps you are a landlord owning apartment buildings or single-family homes. You collect rental income for the proper...
I had a unique opportunity to hear Congressman Adam Kinzinger speak this past week in Joliet, Ill. at a Joliet Chamber of Commerce luncheon. The young Congressman reminded the audience that the most...
We hope you are safe and sound following Hurricane Irene's trip along the East Coast. We are assuming since you are reading this blog that you have at least saved your laptop and found a WIFI ho...
With sky-high gas prices, it is a struggle to find the bright side of high prices. You might be saying, “is there really any bright side to high gas prices?” Well, there is one br...
In 2010, the IRS launched an initiative to increase oversight of the tax preparation industry and introduced regulations for those who are paid to prepare tax returns. Since then, 708,000 prepar...
In July, the Federal Aviation Authority failed to extend the operating authority resulting in a temporary end to taxes being collected on airline tickets. On August 5th, Congress extended the FAA aut...
As Americans continue to fight through the recession and redefine what the "American Dream" really means, is it time to consider a tax reform? Warren Buffett has offered his solutions and he believes...