I’m sure you’ve seen the headlines all over the place about the projected stats for 2009 taxpayer liability… Here’s my take: No income tax payments
Read MoreTag: income-tax
Tax Day Looms For Procrastinators
Happy Columbus Day! It’s a holiday for many across the country. I can think of a bunch of fun ways to spend a day off.
Read MoreAsk The Taxgirl: Reporting Dicey Income
Taxpayer asks: I have a difficult situation. I won a lot of money in my church’s 50/50. I know I have to report it as
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…? Replace Income Tax With Sales Tax
William Gifford, MBA, writes: Congress should eliminate the current system altogether. Throw out the federal income tax because it’s too broken to be fixed. In
Read MoreAsk The Taxgirl: Income Tax On Gifts
Taxpayer asks: Recently my father-in-law passed away. My Mother-in-law is planning on selling her home and giving each child $10,000 and then putting the rest
Read MorePA Tax Hike Higher Than Expected
Initially, reports out of my home state of Pennsylvania were that Governor Rendell planned to raise income taxes by about 10% to 3.37%. This week,
Read MoreNJ Taxes On the Rise
NJ is not exactly known for affordable living – especially when it comes to taxes. It appears that will only get worse in 2009 as
Read MoreAsk The taxgirl: The President & Income Taxes
Taxpayer asks: Does the President have to pay income tax? — I get that question a lot. And this week, I also received this question:
Read MoreAsk The Taxgirl: How Much Money Will I Get Under Obama’s Stimulus Plan?
Taxpayer asks: I was told that I would receive all my federal tax withholding for April, May & June. However, I just heard on the
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