Monday Oct 26, 2009
Before you roll over your benefits, take some time during open enrollment to consider the tax implications of your choices.
Thursday Sep 17, 2009
The Labor Department released data recently that indicates most tax-related numbers will likely be unchanged for 2010.
Tuesday Sep 1, 2009
The IRS's next strategy for finding cheaters is to compare your mortgage payments with your salary.
Sunday Aug 30, 2009
If you want your shot at a tax credit of up to $8,000, you'll need to settle quickly.
Thursday Aug 27, 2009
The IRS is going on MySpace and Facebook to scout out information on and receive payment from delinquent tax filers.
Friday Jul 24, 2009
Filing tax returns is no easy task. Making errors is common, but if you find a material (i.e. large) mistake, you're going to have to file a 1040X.
Wednesday Jul 22, 2009
Estate taxes are slated to end in 2010 and resume in 2011. Don't expect that to happen.
Tuesday Jul 21, 2009
Low tax rates for dividends are scheduled to end after 2010. Will the rates stay the same or go up in 2011?
Wednesday Jul 15, 2009
Homeowners are seeking tax reductions to ease the pain from the real-estate crash.
Saturday Jul 4, 2009
Though qualified scholarships and fellowship grants are considered tax-free, using them to cover "incidental expenses" outside of tuition and fees makes them taxable gross income.
| Type | Today | Week Ago |
|---|---|---|
| 15 Year Fixed | 4.62%  |
4.67% |
| 30 Year Fixed | 5.15% | 5.15% |
| 1 Year ARM | 3.48% |
3.51% |
| 5/1 Year ARM | 3.62% |
3.68% |
| Type | Today | Week Ago |
|---|---|---|
| Line of Credit | 4.89%  |
4.88% |
| 10 Year Loan | 7.47% | 7.47% |
| 15 Year Loan | 7.61% |
7.60% |
| Type | Today | Week Ago |
|---|---|---|
| Interest Checking | 0.28% | 0.28% |
| Money Market/Savings | 0.38% | 0.38% |
| 12 Month CD | 1.13%  |
1.15% |
| 60 Month IRA CD | 2.40% |
2.41% |
| Type | Today | Week Ago |
|---|---|---|
| Cash Back Cards | 12.66% |
12.68% |
| No Annual Fee Cards | 12.08% |
11.97% |
| Reward Cards | 12.75% |
12.61% |
| Small Business Cards | 11.01% |
10.94% |
| Student Cards | 13.77% |
13.49% |
| Platinum Cards | 12.26% |
12.11% |
The big issue in our country besides the wars is health care reform. The tax laws should change so that we can deduct most of our out of pocket costs without having to itemize. I have paid well over $2000 on health care in 2009 and am low income but can only claim my premiums. The tax laws need to change so that we can get a tax credit based on income for out of pocket costs.