During the first few months of the year, individuals may be busy collecting the information they need to claim certain benefits or are sifting through mailed documents they will need to file certain f
The new year is a busy time for most Americans, many of whom take it as an opportunity to clean out old clothing, appliances and financial files for a fresh and organized start to the next 12 months.
Are you a high income earner and earning more than a million dollars? If you answered “Yes” without laughing then you may want to get ready for an audit. As the lawmakers are seeking ways of increasing revenue, auditing millionaires
There a number of new changes for that will apply for the 2011 tax year.
Tips for making tax deductible charitable contributions in 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
Tax deductions are a common and financially advantageous method individuals use to lower their tax liability, but certain tax breaks may attract the attention of the IRS more so than others. This is l