Tax rebate checks -- also known as Economic Stimulus Payments -- will be sent out in May of 2008 to 130 million families. Their purpose is to stimulate the economy. I can't help but think they'll simply be used to pay of debts. How does that stimulate the economy?
Don't file a tax extension this year... it may cause you to lose out on your piece of the pie from the President's Economic Stimulus Package. That's right, you might not get your refund if you don't file your taxes on time.
After debating for months on how to fix the alternative minimum tax, Congress recently issued a tax reprieve which postpones the use of the alternative minimum tax for one year. As this tax is becoming more and more common among middle-income taxpayers, its important to understand the basics as it will likely be back in future years.
Most business will make equipment purchases each year. If your business appropriately plans for the purchases, you may be able deduct the full price of the equipment. This article discusses the deduction for equipment purchases and how to plan your purchases in order to decrease your tax bill.
This summer Congress increased the minimum wage. In order to offset the increase in expenses, Congress also allocated money for tax breaks for these businesses. This article lists 3 of the ways to take advantage of these tax breaks.
Do I have to pay quarterly tax payments? Many people don't realize they need to pay quarterly payments until it is too late and you are stuck with a tax penalty.This article discusses who owes quarterly tax payments, how much and when must you pay.
Getting married is a wonderful event. But after the celebrations are over, there are many decisions you will face as a married couple. This article lists a few of the tax decisions newlyweds will face in the beginning.
You never know when or if you will be audited. But the best way to be prepared is to know what to expect and to maintain your tax documentation. This article discusses the 3 types of audits and what to expect in each.
Tax Freedom day represents the number of days Americans on average have to work a year in order to afford their tax liability.
United States Savings bonds are a great way to invest money conservatively and can provide the opportunity to grow interest tax free. These bonds make a great gift for young children to hold on to and potentially use for college expenses.
