If your household is anything like mine, you’re in full summer camp mode right now… With school out, summer becomes a whirlwind of vacations and
Read MoreTag: tax-credit
Waiting On Another Federal Stimulus Check?
Prepare to keep waiting. A flurry of dismal news including a somber May jobs report and a less than encouraging report from Federal Reserve Chairman
Read MoreIt’s Baaaack: Making Work Pay Credit
My inbox is already filled with taxpayers trying to wrap their heads around the Making Work Pay Credit. Yep, it’s back and just as confusing
Read MoreMaking Sense of the Making Work Pay Credit (2011)
So now that you’ve calculated the Making Work Pay Credit for the 2010 tax year, what does it all mean? It’s important to understand what
Read MoreCalculating The Making Work Pay Credit (2011)
There have been few changes in the Making Work Pay Credit since last year (look for my post later today summarizing what you need to
Read MoreFix the Tax Code Friday: Extending The Making Work Pay Credit
Although the Bush tax cuts are making the most news these days (a logical focus considering the size and scope of the cuts), Congress is
Read MoreHomebuyers Face Deadline
Despite some pretty serious lobbying efforts by realtors, banks, lenders and goodness knows who else, it looks like the homebuyer’s credit may not be extended.
Read MoreWho Should Pay Taxes?
On Friday, I posted that the Tax Foundation reported that, in 2008, nearly one in three taxpayers paid no taxes or received every dollar back
Read MoreAsk The Taxgirl: I Forgot To File Schedule M!
Taxpayer asks: I was not aware of the above credit. I am single, and just yesterday filed form 1040 EZ my self. I did not
Read MoreAsk The Taxgirl: Qualifying Wages For Making Work Pay Credit
Taxpayer asks: My daughter only made $3,900.00 this year, then was laid off… She only worked for one employer.. so is she illegible for the
Read More