News

The Fiscal Cliff Deal Includes $10 Billion For Wind Energy

[credit provider=”AP Photo/Ed Andrieski”] The wind power industry may have just won another year of taxpayer support, as the fiscal cliff deal being negotiated between congressional Republicans and President Obama includes a one-year extension of the wind Production Tax Credit.”Extending the wind Production Tax Credit is a long-overdue dose of […]
The Fiscal Cliff Deal Includes $10 Billion For Wind Energy
Markets

How To Cash In On America’s Most Valuable Education Tax Break

[credit provider=”Flickr / MattHurst” url=”http://www.flickr.com/photos/skewgee/4034058478/in/photostream/”] Parents with a child in college face all sorts of challenges. Will your kid appreciate the care packages you send?(I still have fond memories of the white cheddar Cheez-It crackers my mother sent and no memory of anything else in the box.)
How To Cash In On America’s Most Valuable Education Tax Break
News

The Difference Between Obama And Mitt Romney’s Tax Plans In Three Charts

Back in March, when Mitt Romney had all but secured the Republican nomination, The Washington Post’s Ezra Klein compared the tax plans of Romney and President Barack Obama with one chart. He used data from the Tax Policy centre, the same think tank that is out with a more comprehensive analysis of […]
The Difference Between Obama And Mitt Romney’s Tax Plans In Three Charts
Markets

Tax Scammers Are Snatching Victims Right From The Church Pews

[credit provider=”Flickr / closari” url=”http://www.flickr.com/photos/closari/2940628256/in/photostream/”] Poor, elderly church members are being targeted in a new scam, the IRS reports.Scammers reel victims in by convincing them they can score refunds through the American Opportunity Tax Credit, typically used for college expenses.
Tax Scammers Are Snatching Victims Right From The Church Pews
Markets

Here’s How To Cash In On The $13,360 Per Year Adoption Tax Credit

[credit provider=”Flickr / nik_donna” url=”http://www.flickr.com/photos/nik_donna/186317855/sizes/m/in/photostream/”] Adoptive parents will be getting an even bigger tax credit this year.Parents will be able to receive as much as $13,360 per child, a $190 increase from last year. The adoption tax credit was extended in 2010 through 2012 as part of President Obama’s Affordable Care […]
Here’s How To Cash In On The $13,360 Per Year Adoption Tax Credit
Markets

Self-Employed? Here’s What You Can And Can’t Deduct From Your Taxes

[credit provider=”daveybot via Flickr” url=”http://www.flickr.com/photos/davemorris/5201857996/”] For the more than 14 million self-employed Americans toiling away in home offices across the country, tax season comes with its own set of headaches.First you’ve got to know what you’re up against, and it takes some tricky maths work to figure out how much you […]
Self-Employed? Here’s What You Can And Can’t Deduct From Your Taxes
Markets

Take This Crash Course In Tax Exemptions

[credit provider=”Flickr/ferret111″ url=”http://www.flickr.com/photos/ferret111/3717974792/sizes/z/in/photostream/”] Exemptions are one of the most straightforward parts of the tax code.OK, maybe that isn’t saying much, but when it comes to navigating tax season, we take what we can get. And we also love exemptions because they put money back in our pocket.
Take This Crash Course In Tax Exemptions
Markets

Unemployed In 2011? Don’t File Taxes Till You’ve Read This

[credit provider=”Joe Raedle / Getty”] Let’s just say we’re pretty relieved to see U.S. unemployment figures beginning to trend down.But even if you were among the 200,000 formerly jobless Americans to nab a paycheck at the end of 2011, you’re still facing a pretty complicated tax season this year. 
Unemployed In 2011? Don’t File Taxes Till You’ve Read This
Markets

LANDLORDS: Don’t Miss Out On These Tax Deductions

[credit provider=”PropertyShark” url=”http://www.propertyshark.com/Real-Estate-Reports/2011/07/27/top-five-priciest-nyc-homes-sold-in-q2-2011/”] Despite the lingering bad taste in our mouths from the subprime mortgage crisis, investing in a rental property can still be a smart move. Few investments can give you ongoing income from month-to-month like real estate.Real estate property has the potential to appreciate in value while still giving monthly income. […]
LANDLORDS: Don’t Miss Out On These Tax Deductions