On February 17, 2009, President Barack Obama signed into law the American Recovery and Reinvestment Act. The law provides for a one-time economic recovery payment of $250 to people who get certain types of Federal benefits. I’ve gotten several questions over the past few weeks about that one time payment, and how it works. There […]
7 Common Questions About The 2009 New Car Sales Tax Deduction
A while back I posted about the sales tax deduction on new car sales that was included in Obama’s 2009 Economic Stimulus package. Basically the provision in the bill gives every taxpayer who buys a new (not used) car after Feb. 16, 2009 the ability to claim a deduction on their 2009 income tax for […]
Don’t Forget To Make Your Estimated Tax Payment For Self Employment Income!
If you have investment income, self-employment income or other income not subject to withholding, you may need to make estimated tax payments. Here’s how it works.
When Will We See An Increase In Our Paychecks Due To The Stimulus Package?
credit: kozumel A few weeks ago the American Recovery and Reinvestment Act of 2009 was passed. Since it was passed we have talked about quite a few of the benefits including home buyer tax credits, sales tax credits for new car buyers, and a post about overall stimulus package benefits. Today I thought we could […]
Time To Do Your Taxes? Some Services Charge More The Longer You Wait!
Right around this time of year we start thinking about doing our taxes. Doing taxes is never any fun, especially if you’re expecting to have to pay extra like I am this year. It’s natural to want to try and put it off as long as you can. Don’t put it off too long, however, […]
New Economic Stimulus And Transportation Accounts
This is an article from our good friends over at http://www.freefrombroke.com. Free From Broke is a great site with tons of great content about saving money and keeping you free from broke! Check out the site and subscribe to the RSS feed! Does your employer offer a Transportation Spending Account? credit: *Solar ikon* This is […]
How Much Extra Will I See In My Paycheck Because Of The 2009 Economic Stimulus Package?
credit: katmere What Benefits Will I See From The Stimulus Bill? The last week or so I’ve been looking at the 2009 Economic Stimulus bill that was passed, and talking a little more in depth about what some of the benefits are that people can expect to receive. We talked about home buyer tax credits, […]
Sales Tax Deductions For New Car Buyers in 2009 Obama Economic Stimulus Package
Buy A New Automobile, Get A Deduction! Earlier this year President Obama signed into law the economic stimulus package. I posted about how individual taxpayers are affected by the stimulus bill, and looked at some of the things they can expect to receive. One of the things added to the bill was a temporary provision […]
First Time Homebuyer Tax Credit of $8,000 in 2009 Economic Stimulus Package
Stimulus Package Good For First Time Homebuyers The 2009 Economic Stimulus Package passed and was signed into law earlier this week. On Wednesday I posted about what parts of the stimulus bill will affect individuals, and what benefits you can receive from the stimulus package. Today I thought I’d take a closer look at one […]
How The Stimulus Package Will Affect Individuals: What Will I Get?
The 2008 Stimulus Bill Has Passed If you’re looking for details about the 2020 coronavirus stimulus package, please had on over to this other post about 2020 stimulus checks. Now that the $787 billion stimulus package has passed and been signed into law by President Obama, everyone is scrambling trying to figure out what they’ll […]
Congressional Budget Office Says 2009 Stimulus Package Could Be Harmful To Economy
credit: kevindooley The Congressional Budget Office released a statement this week stating that they believed the current versions of the 2009 stimulus package would actually be harmful to our nation’s economy in the long run. President Obama’s economic recovery package will actually hurt the economy more in the long run than if he were to […]
Voter Support For Stimulus Package Is Dropping
The more I’ve been hearing about the stimulus package that President Obama has been pushing these past few weeks, the less I’ve liked about it. It seems to be full of all sorts of unnecessary spending, and a good deal of it not even targeted in ways that could actually help. Now, according to a […]
Obama 2009 Stimulus Plan Could Exceed $775 Billion Dollars
As the new year gets closer the President-elect and his team are making plans for the new year, and his first term in office. One of the first things on the table, a stimulus package that could reach or exceed $775 billion dollars. Regarding the new administration’s stimulus plan, Mr. Axelrod also said that the […]
Obama Considers $500 Billion Stimulus Package For Early 2009
credit: Tony the Misfit Sounds like a stimulus plan is in the works, to be signed by President elect Obama once he is sworn in. From the Wall Street Journal: Aides to President-elect Barack Obama and President George W. Bush are rushing to craft measures to shore up financial markets and prevent a policy vacuum […]
