Posts tagged as:

payroll-taxes

Mmm… Obama’s Plan Is So “Job Creating”

12 September 2011

President Obama will send his new jobs creation plan to Congress later today. He’s going to pitch it first in the Rose Garden surrounded by the kinds of folks that make for good press (vets and teachers, for example) and then send it to Congress for consideration. It’s not going to be an easy road. [...]

1 comment Read the full article →

Ask the taxgirl: Screwy Withholding

14 January 2011

Taxpayer asks: I am very confused. Your blog says that we will be getting back more money this year because of the payroll tax holiday. My withholding must be screwy because I am making less money. What is going on? taxgirl says: Okay, this is where tax laws can get really confusing. Yes, there is [...]

3 comments Read the full article →

Payroll Tax Holiday Begins

3 January 2011

I rolled into work this morning along with many Americans for the first time in 2011. Since New Year’s Day fell on Saturday this year, those of us who work “traditional” hours (yes, my use of the term is cheeky) started our work year today. It’s also the start of a bit of a headache [...]

33 comments Read the full article →

The Un-COLA: No increases for Social Security

10 October 2010

Brace yourself. From now until November, I promise you that you will hear about this next piece of news over and over again: There will likely be no increase in Social Security benefits (sometimes referred to as a “COLA” or “cost of living adjustment”) for 2011. That makes two years in a row since there [...]

3 comments Read the full article →

New Tax Bill Raising Eyebrows

21 May 2010

Apparently, Congress is on a roll. Just a couple of months after they pushed through the massive health care bill (referred to as the Patient Protection and Affordable Care Act, signed into law in March 2010) and debated the similarly hefty Tax Extenders Bill (referred to as the American Workers, State, and Business Relief Act [...]

14 comments Read the full article →

Tax or No Tax?

30 September 2009

The good news: nearly 50% of American households (47%, to be precise) won’t pay any federal income tax in 2009. The bad news: the remaining 50% (or so) will have to foot the bill for everyone. You can thank (or blame) the new economic recovery package for bumping the percentage of taxpayers who won’t be [...]

10 comments Read the full article →

It’s Only Money, Right?

27 April 2007

The Government Accountability Office (GAO) has released a study concluding that many companies that contract with the federal government have been avoiding paying taxes. The GAO told a House subcommittee on April 19 that more than 50,000 federal contractors were delinquent with respect to their taxes, including 27,000 Department of Defense contractors, 33,000 civilian agency [...]

0 comments Read the full article →