For tax year 2006, the alternative minimum tax (the dreaded AMT) exemption rises to $62,500 for a married couple filing a joint return and to
Read MoreCategory: individual
Tax Changes For 2006 (Pt 5)
Mileage rates. I got to it, okay? Yes, this is #1 question I’ve been asked for the 2006 tax year. Take a deep breath. Here
Read MoreTax Changes For 2006 (Pt 4)
Prior to 2006, children under the age of 14 who have unearned income (dividends and interest) over $1600 and are claimed as dependents must be
Read MoreTax Changes For 2006 (Pt 3)
Believe it or not, members of the military often get overlooked when our legislature is crafting new tax laws. And sometimes, it takes a bit
Read MoreTax Changes For 2006 (Pt 2)
One of the most important tax changes for 2006 is the increase in the contribution limit for Roth and traditional IRAs rises for those taxpayers
Read MoreTax Changes For 2006 (Pt 1)
Tax day is just a month or so away… If you haven’t figured it out by now, there are some changes for tax year 2006.
Read MoreIce, Ice Baby
A little snow never hurt anybody. A lot of snow? That’s a whole other story. The IRS has announced that farmers and fishermen may request a waiver
Read MoreAsk The Taxgirl: No Money, No Loss?
Taxpayer asks: Hey there! I found your blog entirely through random surfing, and it’s perfect for a question I have right now.I’ve returned to being
Read MoreAsk The Taxgirl: Nonresident Spouse
Taxpayer asks: I just got married to my beautiful wife who happens to be Australian. I’m a graduate student in San Diego and she hasn’t
Read MoreCiao, April 17
US citizens or residents living and working abroad finally have some direction for purposes of filing individual taxes for 2007. The Tax Increase Prevention and
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