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
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Calculating The Making Work Pay Credit
I’ve received a bunch of questions about the Making Work Pay Credit. I agree – it is confusing. Let me see if I can make
Read MoreHey Kid, Wanna Buy A House?
Information involving potential fraud with respect to the first time homebuyer’s credit continues to make headlines. After initial reports that over 100,000 refunds were perhaps
Read MoreFix The Tax Code Friday: Tax Credits For Business
It’s Fix the Tax Code Friday! Over the past few weeks, I’ve reported on a number of industry-specific tax credits offered to businesses, including tax
Read MoreFix The Tax Code Friday: Energy Tax Credits
It’s Fix the Tax Code Friday! This week, I’ve been researching federal energy tax credits for an Earth Day post that I’m writing (yes, I’m
Read MoreSenate Approves Housing Tax Credit; Not Yet Law
The Senate voted tonight to approve a tax credit of up to $15,000 to first time homebuyers. The measure is part of the proposed stimulus
Read MoreObama Team Finalizing Stimulus Package: Still No Check
Barack Obama may not yet be in office but his economic team is already plugging away at an economic stimulus package. According to Vice President
Read MoreFirst Time Home Buyers Are Cry-Babies
Okay, maybe not all of them. I was a first time home buyer once, too. ** Oh sorry, I just drifted off to a dreamland
Read MoreWhat Drives Tax Policy?
Money, of course. And what drives money? Apparently, these days, it seems to be about tax policy. A catch 22? Toyota seems to think so.
Read MoreMore Auto Credits
The IRS announced last week that it has revised its list of automobiles eligible for hybrid tax credits. In December, the IRS published a list
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