With rare bi-partisan support, a bill is being pushed through the House and Senate this week to make 2010 donations to Haiti deductible in 2009. Those who have been donors…
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While business owners are scraping together money to grow and hire new employees, Florida is among many of the states increasing payroll taxes to cover the unemployed. There could be…
In addition to the Hope Credit and Lifetime Learning Credit, the IRS is adding a new education credit to the mix. The American Opportunity Tax Credit (AOTC) sweetens the deal…
The Senate has been as busy as Santa’s elves on Christmas Eve trying to pass their healthcare bill, even though most of the provisions won’t even go into effect until…
As we approach year end, it may be beneficial to take that dreaded look at your portfolio and re-assess some of your long positions. You could have some investment tax…
The First Time Homebuyer Credit has been extended once again. This time, it has been extended to more than just first time homebuyers. You may be able to take advantage…
Thursday afternoon, December 3rd, 2009, the House of Representatives voted 225-200 in favor of H.R. 4154 which makes the current estate tax (death tax) exemption, or and rates permanent. For the majority of…
2010 standard mileage rates for reimbursement are dropping in 2010. The IRS claims a down economy and lower oil prices in 2010 have kept fuel prices relatively low this past…
Roth conversion, converting from a traditional to a Roth IRA, can be a very attractive prospect when the market is down. You can move your balance to the Roth IRA while…
Normally, new tax credits can be a great way to stimulate the economy. Here is why Making Work Pay tax credit could end up making you owe taxes at the…
