The Make Working Pay tax credit was included as part of the American Recovery and Reinvestment Act. Beginning in the next few weeks, you’ll begin to see the money in your paycheck.
Make Working Pay Tax Credit
The credit is $400 for working individuals and $800 for married filing joint. The refundable credit is available [...]

Posted March 23, 2009 in Taxes by Madison | 8 Comments

Happy first day of spring! The weather is getting nicer and it’s time to get outside. However, it’s also less than a month until taxes are due. Are yours done?
Great news for the procrastinators out there! The Free Money Friday feature is a TurboTax giveaway for two lucky readers. The prize is a TurboTax Premier [...]

Posted March 20, 2009 in Taxes by Madison | 12 Comments

I got an email from an old business associate this week. It’s always nice to hear what people have been up to… and even more interesting when they have a personal finance idea to share. He’s a real estate investor, and it turns out he is looking to expand.
I’ve been interested in real estate, [...]

Posted March 4, 2009 in Roundups, Taxes by Madison | 6 Comments

Update: The $8,000 First Time Home Buyer Tax Credit Extended the deadline until June 30, 2010. In addition, it will now include a $6,500 Home Buyer Tax Credit for Existing Homeowners.
We finally have an enhanced first time home buyer tax credit! The President signed the Economic Stimulus Bill Tuesday, which includes a $8,000 tax [...]

Posted February 19, 2009 in Taxes by Madison | 22 Comments

It’s tax time! It’s hard to remember everything about taxes, so here is a comprehensive tax guide to get you through tax season! From important tax dates to planning for next year, and just about everything in between, we’ve got you covered!
Tax Numbers
2008 Tax Information. Reference sheet for 2008 tax limits, credits, exemptions, deductions, phase-out [...]

Posted February 16, 2009 in Taxes by Madison | 5 Comments