M is for Making Work Pay Credit. Doh! This is kind of a trick post. There is no Making Work Pay Credit for 2011. That
Read MoreTag: payroll tax cuts
Payroll Tax Cuts And Unemployment Benefits Extended
It’s done. The Senate and the House both voted today to extend the payroll tax cuts for the rest of 2012. Also in the bill?
Read MoreDeal Or No Deal? Congress May Have Agreement On Payroll Tax Cuts
Congressional leaders are reporting that they’ve reached a deal to extend the payroll tax cut. Two Representatives in the “closed-door” committee negotiations, Reps. Renee Ellmers
Read More9 Things To Know About The Making Work Pay Credit & Payroll Tax Cuts
My inbox continues to be chock full of questions about the Making Work Pay Credit for 2011. Taxpayers, it seems, are still confused about whether
Read MorePayroll Tax Cut Bill Includes New 'Recapture' Tax For The Wealthy
So now that the payroll tax cut has been extended for two months, what does that mean for taxpayers? Well, even though the collective wisdom
Read MoreBoehner Claims Compromise On Payroll Tax Cut Extension
As if we didn’t need further evidence that Congress is phoning it in these days … House Speaker Boehner (R-OH) backtracked Thursday afternoon and announced
Read MoreCongress To Taxpayers: We Give Up
For the second time in so many months (remember the debt ceiling deadline debacle?), Congress has thrown up its hands and walked away. After failing
Read MoreCompromise Should Avoid Government Shutdown
Nothing is written in ink (yet) but all indications are that Congress has reached an agreement that would avoid a government shutdown. While the details
Read MoreShould Millionaires Be Eligible For Unemployment Benefits?
Last week, the Department of Labor released the latest unemployment figures. The good news is that the unemployment rate fell by 0.4% to 8.6% in
Read MoreSenate Votes No On Payroll Tax Cuts
Ooh, talk about efficiency. Here I was totally expecting the Senate to at least pretend to entertain extending the payroll tax cut until tomorrow. Instead,
Read More