If you’re even slightly interested in the US economy, and, let’s face it, most of the world is, then you’ve likely been at least marginally following the last few weeks worth of debt ceiling news. The quick and dirty of it is that the US government has a debt ceiling that puts a cap on [...]
Full Story »Debt Ceiling Crisis?
Catching Up On Your Year End Financial Planning
The 2010 year end is almost here, and hopefully most of us are looking at our finances and asking ourselves a question: “Are we ready for 2011? Is there something we need to do before 2010 ends?” Most of us probably have already done everything from buying Christmas gifts and donating to charities to scheduling [...]
Full Story »Important Changes to Tax Cuts, Credits and Deductions in 2011
As we head into the new year, there is a wide range of expiring tax cuts that the former Congress and President approved back in 2001 and 2003. The tax cuts intended to help spur and strengthen the economy. To put it another way, there are a wide range of taxes that will be increased [...]
Full Story »New Home Sales Down
So, are you surprised by that news? That new home sales dropped like a rock in May? I can’t say that I am. I try hard to keep my politics out of this site, but what the heck were they thinking? If you look at the chart that CNNMoney has posted, you can clearly see [...]
Full Story »The Great Kitchen Remodel
As I mentioned before, part of what were doing with our tax refund is to remodel our kitchen. Our kitchen was in a bit of rough shape, as some of it was likely original to when the house was built in 1950. The linoleum had been added, as had the carpet and the counter-top, but [...]
Full Story »Tax Day: What We’re Doing With Our Refund
I dislike getting a refund from the government. I don’t like having to look up the my tax refund status. I don’t have any good reason to give them an interest free loan, but any changes I make to my W4 don’t seem to make any difference. I keep getting a refund every year. This [...]
Full Story »Health Care Reform Details Graphic
No matter what your point of view on the health care reform bill, there’s a pretty good chance that it will be law for at least a little while. So, it makes sense to try and digest all the stuff that is in it. I don’t know about you, but I don’t intend to read [...]
Full Story »Stimulus Bill Tax Credit, Isn’t.
With the passage of the huge “stimulus” bill a couple weeks ago, one of the things that has been talked quite a bit about by both the media and the President is the reduction in the taxes that are taken out of our paychecks. Some $13 or so dollars on average will be left in [...]
Full Story »Taxes Done?
Have you done your taxes? Or at least dropped them off at the accountant? For the last several years, I’ve done my own taxes online. There are several places you can go. I use TaxAct.com, but I know people who’ve used the others. In any case, I managed to get mine all finished up last [...]
Full Story »What Luck!
Jim at Blueprint for Financial Prosperity has a nice YouTube video posted on his site today. Go and watch it. (it’ll open in a new window) They guy is horribly lucky, but am I the only one who’s first thought was to wonder how much the taxes are on something like that? This is what [...]
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