Archive for the ‘Programs’ Category

Health Care Tax Credit

Friday, November 13th, 2009
photo by Stephen Moore (cc2.0)

photo by Stephen Moore (cc2.0)

Have you ever heard of the health coverage tax credit? It can save you up to 80% in insurance premiums.  Learn if you’re eligible for this government grant. (more…)

Qualify for Tax Benefits

Thursday, November 5th, 2009

3407155094_b7841bbd0f_mHow are you saving money for the future? If you are smart, you are considering all your options including a Roth IRA. Even though there are many options for saving money, when you get involved with a Roth IRA you are going to be able to take advantage of many tax benefits. How does that sound to you? (more…)

Government Grants for Housing

Thursday, October 29th, 2009
photo by cliff1066 (cc-by)

photo by cliff1066 (cc-by)

Treasury Secretary Timothy Geithner urged Congress to pass an extension to the First Time Homebuyers Tax Credit and two other important housing measures. (more…)

Special Car Buyer Incentive Expiring

Wednesday, October 7th, 2009
photo by thebusybrain (cc-by)

photo by thebusybrain (cc-by)

Did you miss out on Cash for Clunkers?  Those in the market for a new car, truck, motor home or motorcyle might qualify for a deduction in taxes this year.  But time is running out. (more…)

Virginia Amnesty Program Paying off

Wednesday, September 30th, 2009
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photo by alykat (cc2.0)

The state of Virginia is offering an amnesty program for residents and businesses that are delinquent on their state taxes. If all goes to plan, the state hopes that this program will generate roughly $48 million. This would be a huge victory for a state that is facing difficult financial times. (more…)

Amnesty Program Extension

Wednesday, September 23rd, 2009
photo by zieak (cc-by)

photo by zieak (cc-by)

Those who have been hiding assets in foreign accounts should be aware of the amnesty program extension that was recently passed by the IRS. The original deadline for reporting this income to the IRS was October 15 – this has been expanded due to a large number of applications for the program. (more…)

Education and Taxes

Monday, September 14th, 2009
by Cornell University Archive

by Cornell University Archive

An affordable college education is very important. The Obama Administration realizes this, and is doing everything they can to help out prospective students regardless of age.  Learn about government help for college students. (more…)

What Is the Recovery Rebate?

Tuesday, September 8th, 2009

9-8-2009-9-58-19-amThe recovery rebate is simple to understand: if you did not receive the full stimulus payment in 2008 and your situation has changed, you may now be eligible to receive some or all of the unpaid money. A credit is either added to the refund you receive from the IRS or decreases the amount that you owe. Either way, it is a good thing. (more…)

Are Economic Recovery Payments Taxable?

Thursday, September 3rd, 2009
photo by Stevendepolo (cc-by)

photo by Stevendepolo (cc-by)

The government has granted some individuals an Economic Recovery Payment as part of the stimulus act. Here are some important tips about the rebate and other tax breaks. (more…)

Stimulus Benefits and Tax Credits

Wednesday, September 2nd, 2009
photo by Daquella Manera (cc-by)

photo by Daquella Manera (cc-by)

The stimulus act created a number of tax benefits. Some, like the Homebuyer Credit, have been wildly popular while others are less known. Learn about the benefits here. (more…)