The Obama tax deal is in full motion this week. The Senate moved the new tax deal forward with a procedural vote on Monday. They will vote on the final tax cut today. The tax cut will keep the Bush tax cuts from expiring, which were set to expire at the end of the year. [...]
There are certain times when you must file a tax return. But believe it or not, there are also times when you might want to file a tax return even though you aren’t required to do so! When to File an Optional Tax Return The IRS specifies that you may want to file a tax [...]
Let’s look at 2010 W-4 Form information to help you fill out a W-4 Form for your employer. What is W-4 Form? A W-4 Form indicates how much federal income tax should be withheld from your paycheck. Your employer will use your W-4 form and the number of exemptions you claim to calculate your withholding. [...]
It’s time to start talking about tax savings! With 4th quarter here, it is time for a reminder on some tax saving strategies, some of which will expire this year. Saving money on taxes is essentially free money, you just need to remember to claim them when you file! I suggest keeping a running list [...]
The clock is ticking for Congress to decide the fate on the Obama tax cuts. Will they pass in time for end of the year tax planning? As of right now, the 2011 tax brackets are up in the air, you can estimate what your taxes might look like with the 2011 tax calculator. Our [...]
