Category Archive for: ‘Taxes’

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  2011 Income Tax and Payroll Changes-What You Need to Know

  2% Increase In Paychecks Thanks To Reduction In Social Security Tax The social security tax will drop from 6.2% to 4.2% for one year which nets you an extra 2% in your paychecks!  Wondering how this will affect your paycheck? Use this simple calculator from [...]

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  Grab These Tax Credits Before 2010 Is Over

  Manny Davis is a tax blogger and tax accountant, who provides assistance to taxpayers facing an IRS tax levy, tax lien, and other IRS tax problems. Feel free to visit his tax blog for additional tax tips. Homeowners looking to lower both their winter heating bills [...]

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  Is Your Mortgage Interest Tax Deduction On The Chopping Block?

  Hopefully you’ve been following the recent deficit reduction proposals by the commission in charge of finding ways to reduce the deficit.  No doubt, this is a difficult task for all involved which will invariably result in everyone tightening their belts in the unified attempt at [...]

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• Turbo Tax Snap Tax: Snap, Prepare and File + TurboTax Giveaway!

  If you’re like me, then you dread filing your taxes in the face of the looming April 15th deadline.  It conjures up thoughts of going through endless receipts, spending hours going through yearly expenses and W2s to reconcile everything for Uncle Sam. Well, there’s an [...]

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  $15,000 Home Buyer Tax Credit Possible For All Buyers

  As you probably know the original $8,000 Home Buyer tax credit only applied to first time home buyers and capped the income of those eligible to purchase a new home using the $8,000 credit. The House (H.R. 1245) and Senate (S.1230) have presented the following [...]

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• Maryland: Are You Owed An IRS Stimulus Check?

  Here’s a searchable list of Maryland names who are owed stimulus check or tax refund: From the Baltimore Sun: “the IRS is holding more than 4,200 stimulus checks and more than 1,500 tax refunds belonging to Marylanders. The U.S. Postal Service was unable to deliver them because [...]

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