Apr 12 2010
Tax day is almost here, what if you aren’t ready?
Taxes are due this Thursday, April 15th. If you have already files and spent your refund, congratulations. Normally I have already filed by this time, however, this year has been crazy so I am in the latter group. With tax day fast approaching, I am going crazy trying to get my taxes and business info [...]
Mar 31 2010
Unemployment Compensation
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The Internal Revenue Service (IRS) is helping unemployed workers out a bit. While all unemployment compensation received in 2008 is taxable, the first $2,400 in unemployment that each taxpayer receives is not subject to federal taxes. If both spouses are unemployed, each spouse can deduct the first $2,400 of unemployment compensation they received during the [...]