The home buyer tax credit is extended until Sept. 30! For all the new home buyers panicking when they weren’t able to get their closing done by the deadline yesterday, help is on the way. The home buyer tax credit extension will apply to both first time home buyers and existing home owners originally eligible [...]
We continue our in-depth look at the health care bill and how it might impact your finances. This afternoon, we’ll cover HSAs and HDHPs. I often trumpet the combination of a High Deductible Health Plan (HDHP) and Health Savings Account (HSA) as an effective way to save money on health insurance and receive a tax [...]
We’re continuing our in-depth look at the new health care bill and how it might impact your finances. Today we’ll look at the changes to FSAs. Flexible Spending Accounts, or FSAs, are an excellent way to pay for healthcare expenses using pre-tax money. If you take full advantage of them, you can save money on [...]
Over the last week, we’ve been taking an in-depth look at the health care bill and how it might impact your finances. Today we will cover the new 1099 reporting changes. Much has been written about the impact of health care reform on small businesses. But one hidden provision of the bill that has seemingly [...]
Even though the health care reform bill passed, increases in taxes aren’t over yet. The old 2001 Bush Tax Cuts are set to expire at the end of 2010, leaving us all with higher taxes in 2011. Since December 31, 2010 is the date that the Bush tax cuts expire, I’m sure there will be [...]
