Category Archives: Taxes

A New Way to Save

Many people have already discovered this great new way to save.  What is it you may ask?  Tax time is a great time to save because many people receive refunds.  In 2010 President Obama created the tax time Savings Bond … Continue reading

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Countdown to April 15th

The tax filing deadline is only a month away.  If you are like many Americans, you haven’t filed your taxes yet.  But do not delay.  April 15th will be here before you know it.  What can you do now in … Continue reading

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IRS Seeks to Return $123.5 Million in Undeliverable Refunds to Taxpayers; IRS Reminds Taxpayers to Use E-file and Direct Deposit

Source: IR-2009-101, Nov. 5, 2009 WASHINGTON — The Internal Revenue Service is looking for taxpayers who are due to receive a combined $123.5 million in the form of 107,831 refund checks that were returned to the IRS by the U.S. … Continue reading

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Five Facts about the Making Work Pay Tax Credit

Working taxpayers may be eligible for the Making Work Pay tax credit, a significant tax provision of the American Recovery and Reinvestment Act of 2009. This tax credit means more take-home pay for millions of American workers. Here are five … Continue reading

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What is Making Work Pay?

Making Work Pay is a new tax credit as part of the American Recovery and Reinvestment Act of 2009.  It will give taxpayers a refundable tax credit of up to $400 for single taxpayers and $800 for married taxpayers filing … Continue reading

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First Time Home Buyer Credit

Are you a first time home buyer?  Have you taken advantage of the First Time Home Buyer Credit? If not you still have time.  First time homebuyers are now eligible to receive a tax credit of up to $7,500 or … Continue reading

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