Taxpayer asks: I was told that if I make more than 46,000.00, my family didn’t qualify for the EIC. My wife saw on the news
Read MoreTag: EITC
2011 Budget & Tax Proposals
I got a glimpse of the 2011 budget proposal on the news last night. It’s big. As in big thick book big. And I will
Read MoreTax Trivia: EITC Reporting
Update: We have a winner! It’s Adrienne! Jaime was also a winner for getting the bonus question right. For the answer, see the comments! Our
Read MoreTax Or No Tax?
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
Read MoreHey Congress, Why Don’t You…? Take A Second Look
Robert D Flach, the internet’s “Wandering Tax Pro“, writes: If I ruled the world, or at least had a voice in rewriting the Tax Code,
Read MoreHey Congress, Why Don’t You…? Eliminate Benefits For Having Kids
David Smith writes: If I could make one change in the tax code, I would eliminate any benefits for having children. I chose to be
Read MoreUp, Up & Away… In My Beautiful Tax Balloon
As the economy continues on its wild ride, the IRS has announced a series of adjustments for tax brackets and other provisions for the 2009
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