Tag Archives: tax

We All Have Questions About Federal Income Tax

6 Jan

Federal Income Tax Questions: There are five different filing statuses:1. Single2. Married filing jointly3. Married filing separately4. Head of Household5. Qualifying Widow (er) with dependent child Once you have determined your filing status according to the federal tax brackets, you are then ready to think about dependents, deductions, and credits. Here’s an interesting tax tip. [...]

Time for the Holidays, and Tax Loans

22 Dec

Cash advance lenders typically process the loan immediately so that it will be available in your account the following business day after the loan is approved. Lenders can wire the money to your bank account in one business day. If you apply on a weekend or holiday, the money will be sent to you by [...]

Time for the Holidays, and Tax Loans

22 Dec

Cash advance lenders typically process the loan immediately so that it will be available in your account the following business day after the loan is approved. Lenders can wire the money to your bank account in one business day. If you apply on a weekend or holiday, the money will be sent to you by [...]

Rumored Limits to the Social Security Tax

21 Dec

Social Security Tax Limits Do you own a small business and need to know what you are responsible for when it comes to payroll taxes, and more specifically Social Security taxes and Social Security tax limits? As an employer, you are not only responsible for withholding Social Security tax from your employee’s wages, but you [...]

A Look at Some New Tax Credits in 2011

8 Dec

Existing Homes & New Construction Principal Residence & Second Homes This 2011 energy tax credit does not apply to rentals but, it will save you 30% of costs with no upper limit. The items listed here will qualify for this energy tax credit; Geothermal Heat Pumps Small Wind Turbines (Residential) Solar Energy Systems Existing Homes [...]

Which Parts of the IRS Tax Brackets of 2011 Apply to Me?

1 Dec

These amounts are actually a decrease in percentage amount from the previous years and you could find yourself saving some money on your federal taxes this year. Standard Deduction Amounts Standard Deduction for single filers and married filing separately is $5,700 Standard Deduction for married filing jointly is $11,400 Standard Deduction for Head of Household [...]