Thinking of buying new windows or installing central air? The new economic stimulus plan offers some financial help in terms of affordability.
30% Tax Credit on Eligible Energy Saving Materials
This credit has been around for a few years but it has typically been limited to a maximum credit of $500. The new stimulus plan has increased [...]
Category Archives: Taxes
Buying New Windows, Insulation or Central Air? Use the New Home Energy Tax Credit
2009 Economic Stimulus Plans Effect on Taxes Now and Beyond
As most of you know, President Obama signed the American Recovery and Reinvestement Act into law on Tuesday. Supposedly, millions of Americans will benefit from the plan in more ways than one. Here are a few highlights from the plan and how they will affect your taxes now and in the future.
Making Work Pay Credit
The [...]
How Long to Keep Those Pesky Tax Documents
Well, it’s Friday the 13th and I figured what’s more scary than taxes? One of the most frequently asked tax question is how long you must keep tax documents. You want to know the answer? It depends. Isn’t that the answer to everything these days? Anyway, here are some general rules for keeping your records [...]
Taxpayers May Have to Cover Octuplet Mother’s Costs
The mother of the octuplet babies has been in the news for a few weeks now and the news does not seem to be letting up. The Associate Press has a great story on how taxpayers are more than likely going to cover the costs of raising these children (she had 6 BEFORE the octuplets). [...]
Need a Professional to Do Your Taxes? How About a Virtual CPA?
Beyond Paycheck to Paycheck wrote an interesting post today about the state of today’s tax preparation. Personally, I’ve always completed my income taxes myself. That is mostly due to the fact that they were not complex. I imagine if my blogging income picks up or I start my own business, they will become more complex [...]
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