7 March 2011
Let’s face it… It’s been a tough couple of years for a lot of taxpayers. More and more taxpayers have reached into their savings, including their retirement savings, in order to pay bills and otherwise make ends meet. Unfortunately, pulling that money out before retirement may feel like a good idea at the time but [...]
Read the full article →
2 February 2010
So now that you’ve calculated the Making Work Pay Credit, what does it all mean? A credit is a dollar for dollar reduction in your tax bill. So if you owed $1000 and the credit was $400, your tax bill is now $600. The tax rates didn’t change. The tax due didn’t change. The credit [...]
Read the full article →
