RIGHT ON!

I want to bring your attention to a recent post from a fellow tax blogger, Chad Bordeaux of PERIODIC RAMBLINGS OF A CPA, ... to the initial passing of the Earned Income Tax Credit in 1975, and its massive expansion in 1990 and 1993. Touted as one of the top anti-poverty programs in the country, the Earned Income Tax Credit [more...]

Date: 2009-01-14 10:00:02

Blog posts (111) | Videos (56)
 

Tax provisions in stimulus announced

New York Rep. Charles Rangel, chairman of the tax-policy writing Ways and Means Committee, ... s committee: Tax Relief for Individuals: “Making Work Pay Credit” Expand Earned Income Tax ... w/ $2,500 credit for first four years of higher education expenses (increase income limitations [more...]

Date: 2009-01-15 15:36:38

UPDATE: Caterpillar to NLR More to come, but I just caught news that a Caterpillar motor grader production plan is slated for the vacant video ... with a union representing assembly employees) announced layoffs elsewhere in the company. Big jobs ... Arkansas – provides income tax credits based on payroll of new employees (credit earned each tax [more...]

Date: 2009-01-05 16:56:58

IMF: What Kind of Stimulus Will Work

The International Monetary Fund is encouraging governments to quickly develop large, sustainable fiscal stimulus packages ... in earned income tax credits, and the expansion of safety ... those consumers who are most likely to be credit constrained. Measures along these lines [more...]

Date: 2008-12-29 11:28:00

IMF: What Kind of Stimulus Will Work

The International Monetary Fund is encouraging governments to quickly develop large, sustainable fiscal stimulus packages ... in earned income tax credits, and the expansion of safety ... those consumers who are most likely to be credit constrained. Measures along these lines [more...]

Date: 2008-12-29 11:28:00

Walks Like A Duck, Talks Like A Duck...Ain't A Duck

Thomas Frank, a man of many bellows, bellows yet again in the Wall Street Journal today, ... -universal health care plan. He has pledged to reverse the Bush Administration's foreign policy ... work done on behalf of the working poor--especially the expansion of the Earned Income Tax Credit [more...]

Date: 2009-01-14 15:40:57

RE: Kingfish Award, 1/5: Paul Krugman

Alex has a great point: I don’t even know that people inherently object to taxes - I think they object to taxes most when they feel they’re getting ... if they are the more progressive kind, like the Earned Income Tax Credit. The important thing [more...]

Date: 2009-01-06 02:21:16

Is it Always a Good Time for a Holiday?

Is it Always a Good Time for a Holiday? by Rosanne Altshuler on Mon 12 Jan 2009 02:29 PM EST U.S ... , U.S. multinational corporations can defer U.S. income tax on profits earned abroad in their foreign-owned ... these profits at a greatly reduced tax rate. Instead of paying the normal rate of 35 percent (with a credit [more...]

Date: 2009-01-12 19:29:07

Homeowner Personal Loan: Panacea for any Financial Crunch

You have been dreaming since long for a house of your own…You worked hard, earned money, saved and finally you bought a dream house of your own, ... also depends upon the value of the property, your credit record, your source of income, whether [more...]

Date: 2008-12-15 04:20:15

Ways to make money on the Internet

First, you need some 'tools'. Open FREE Internet banking accounts to spend and receive payment online.Disposable FREE email addresses.An 'always online' connection to the Internet.A dedicated credit card for the Internet. Second, you need some income. AlienTrust v3.0 Manual surf 25 sites daily to earn 10% daily for 13 days [more...]

Date: 2009-01-13 05:53:00

Two Financial Goals - Less Debt, More Income

This article is part of an M-Network group writing project, the 12 Days of Christmas - Personal Finance Style ... beast which can be incredibly difficult to slay - especially credit card debt, which can have interest ... up your credit cards and stop spending more than you earn. Accelerate your debt payments. After [more...]

Date: 2008-12-02 11:10:55

Tips To Short Sale Your House

Hello there! If you are new here, you might want to subscribe to the RSS feed for updates from BB Articles.Powered by WP Greet BoxIn today’s economy, property owners in trouble are considering every option at their disposal to resolve their housing debts. We are seeing this trend growing each month, although varying from state to state. All too often, in many cases, it is hard to imagine a real solution that will not do additional harm to your already damaged credit. [more...]

Date: 2009-09-26 20:05:45

Socialized Medicine or a new National Health Plan?

by Nick Hildenbrand Freedom is defined as the lack of intimidation or limitation in choice or action and liberation from the command of another. It is what American men and woman have surrendered their lives shielding. Even so, American leadership has created a greater burden imposing what is thought to be the most legitimate community plan. Unfortunately, this leads to Americans independence to a unhurried death as efforts are made to smother them through this new health care revolution. [more...]

Date: 2009-09-24 15:25:26

Miguel Barbosa Interviews Michael Mauboussin: Author, Investor, & Multidisciplinary Thinker

Benoit Mandelbrot once said that “failure to explain is caused by failure to describe”. The world has experienced one of the most severe financial crises. How should we make sense of what happened? Without a doubt, we should describe the financial crisis in a multidisciplinary fashion. Only through multiple perspectives can we begin to uncover the origins of the “great recession”. Today, I’m pleased and honored to have one of the foremost experts in multidisciplinary thinking, Michael Mauboussin. [more...]

Date: 2009-09-28 16:43:17

American Opportunity Tax Credit

As a general rule, I typically oppose almost all federal government spending on anything other than the responsibilities expressly outlined in our Constitution. I believe that such expenditures result in waste, corruption, debt and a limiting of the right to “life, liberty and the pursuit of happiness”. Much of government sponsored financial aid has really only served to drive up the price of a college education and increase the amount of our national debt. [more...]

Date: 2009-09-23 11:00:09

Imagine If Lehman Brothers Had a Football Team

Lately it’s been all the rage to complain about companies that are too big to fail. However, there’s another prominent American institution that’s also become too big to fail. It’s bloated, overstaffed and often fails to meet the most basic need of its customers. Welcome to American higher education. More Americans are wising up to the fact that college is a big fat waste of money. Sure, if you’re lucky enough, and smart enough, get into a big-name school, college is just fine. [more...]

Date: 2009-09-23 20:02:39

Drop that Extra Burden On Your Path to Success

The Burden There is a widely accepted but rarely named enemy that pervades our culture and handicaps our people. I hereby resolve to name it and identify it in defense of those with the capabilities which this enemy stifles. I want to give cover to all of you who have thought it but were afraid to speak it; to those who have muttered it but where silenced by the shrill cries of indignation. I will scream it in proud defiance atop the rock of natural law. [more...]

Date: 2009-09-27 14:23:33

Dealing With the Sub-Prime Crisis and Home Loan Modifications | ArticlesBase.com

The United States of America is considered the world's greatest when it comes on to capital and investments opportunities. Other countries especially third world depends on the U.S. for advice and/or loan development. In the early 2000's, there was excess capital world wide, the number of sub prime mortgage loans rose significantly. No one did imagine there would be a global financial crisis and everyone investing their hard earned money was only concerned about where to invest to make a higher return. [more...]

Date: 2009-09-28 15:13:53

ACORN won’t do your taxes next year

ACORN won’t be doing any tax returns for low  and moderate income folks next year. The community organizing group is continuing to circle the wagons in the aftermath of some of its staff members getting caught on tape advising people impersonating a prostitute and pimp. Yesterday the group announced it was hiring a former Massachusetts Attorney General Scott Harshbarger to conduct an independent review and that it wouldn’t be taking on any new clients in any of its programs. [more...]

Date: 2009-09-23 20:37:17

The 7 new rules of financial security

In a world turned upside down, you must re-examine some basic assumptions. A good place to start: understanding the true nature of risk.John Maynard Keynes, the Depression-era economist who’s having quite the comeback, once quipped when he was accused of inconsistency: “When the facts change, I change my mind. What do you do, sir?”Money has long advocated the benefits of consistency in your investing and financial planning. [more...]

Date: 2009-09-29 10:57:27

How To File for Bankruptcy If You Are An Individual

Here is a quick guide to how to file for bankruptcy if you are an individual. -  Contact a reliable bankruptcy attorney . -  Bring along all your financial papers including outstanding bills, bank statements,paycheck stubs from the most recent six months, copies of mortgages and car loans and tax returns to your first meeting with your bankruptcy attorney. -  Your bankruptcy paperwork, called a petition, must list every debt you currently owe. [more...]

Date: 2009-09-26 14:22:34

What Are Fixed Retirement Annuities?

The Basics An annuity is a product that is marketed by an insurance company. It combines some features of life insurance with some features of investment products. This allows them to provide some benefits of both. A good product should be a safe investment with guaranteed returns, but also provide the owner with higher returns than some other savings options. Fixed vs Variable I am writing about fixed annuities only. You may have heard about variable annuities, but they are beyond this article. [more...]

Date: 2009-09-26 05:46:27

Divinity, Love & Living!

Last week I announced that we were going to be embarking on a fabulous new adventure — & here we are! My amazing friend & psychic advisor Joycelle will be doing weekly readings right here! Am I on the right path & is this a viable career choice? I’m feeling as if the relationship I am in is falling apart, just wondering what to do & if the right person is ever going to come along. [more...]

Date: 2009-09-29 01:04:07

Where has the Bailout Money Gone? Good Billions After Bad

Where has the Bailout Money Gone? Good Billions After Bad Vanity Fair by Donald L. Barlett and James B. Steele As the Bush administration waned, the Treasury shoveled more than a quarter of a trillion dollars in tarp funds into the financial system—without restrictions, accountability, or even common sense. The authors reveal how much of it ended up in the wrong hands, doing the opposite of what was needed. Just inside the entrance to the U.S. [more...]

Date: 2009-09-28 06:17:36

Operation Rollback

Posted by Review-a-Day, September 29th, 2009 3 CommentsFiled under:Review-a-Day. The Retail Revolution: How Wal-Mart Created a Brave New World of Business by Nelson Lichtenstein Reviewed by Jefferson DeckerThe Nation In October 2003 employees at more than 800 chain supermarkets in California walked out of their jobs after management demanded pay cuts and a reduction in health insurance benefits. [more...]

Date: 2009-09-29 09:54:00

Obama To Outspend Iraq War In Just One Year

CNS News : Obama Will Spend More on Welfare in the Next Year Than Bush Spent on Entire Iraq War, Study Reveals By Fred Lucas As a candidate for president, Barack Obama decried the financial toll that the Iraq war was taking on the economy, but Obama’s proposed spending on welfare through 2010 will eclipse Bush’s war spending by more than $260 billion. “Because of the Bush-McCain policies, our debt has ballooned,” then-Sen. Barack Obama told a Charleston, W.V., crowd in March 2008. [more...]

Date: 2009-09-24 15:17:17

Breaking News: IRS Cuts Ties With ACORN

 Maybe it was all of those offices offering advice to a fake hooker and pimp on how to avoid taxes.  Or it could have been the lady who said she killed her husband or Juan Carlos the creepy guy in the San Diego Acorn office who wanted to help sneak the underage hookers over the boarder.  But either way this is good news for the supporters of justice, the IRS has announced that it fired ACORN. [more...]

Date: 2009-09-23 20:21:00

Joe Francis Cops Plea In Tax Evasion Case

Posted on Friday, 25 of September , 2009 at 4:31 pm LOS ANGELES — More than two years after he was indicted for federal tax evasion, “Girls Gone Wild” founder and CEO has Joe Francis pleaded guilty to filing false tax returns. Francis, who was indicted by a federal grand jury in Reno, Nev., in April 2007 while he was serving a jail term in Florida, spent near a year in a Reno jail before being released in March 2008. [more...]

Date: 2009-09-25 21:31:19

Where's the Outrage for Unemployed, Underemployed and Paycheck-to-Paycheck Living?

60% Living Paycheck to Paycheck by Karen Datko - MSN.com Counting down the hours until payday? You're not alone. As the economic downturn trudges on, many workers are struggling with household budgets. About six in 10 workers -- 61% -- report they always or usually live paycheck to paycheck just to make ends meet, compared with 49% last year and 43% in 2007, according to a new nationwide survey of more than 4,400 workers by CareerBuilder. [more...]

Date: 2009-09-24 05:57:00

War Made Easy_Brainwashing…Why a Global Economic Deluge Looms June 2006!!

  War Made Easy… http://www.warmadeeasythemovie.org/ War Made Easy  Reaches into the Orwellian memory hole to expose a 50-year pattern of government deception and media spin that has dragged the United States into one war after another from Vietnam to Iraq. Narrated by actor and activist Sean Penn, the film exhumes remarkable archival footage of official distortion and exaggeration from LBJ to George W. [more...]

Date: 2009-09-29 14:26:05

Tips For Saving Your Money

September 24, 2009 | By Alisa Johnson In Blogging | by Alisa JohnsonMoney is one thing, the abundance of which could be noting more than an illusion. No matter how much you would have on your side you would have expenses to match. The neck-to-neck competition between the income and the expenses is a household story. Its only when the expenses would surrender to the income, is then you would be able to save some money.Looking out for an option to make money is the best way to save your money. [more...]

Date: 2009-09-24 19:48:20

10 Facts Every American should know about Baucus Health Plan

10 FACTS EVERY AMERICAN SHOULD KNOW ABOUT SEN. BAUCUS’ COSTLY GOVERNMENT-RUN HEALTH CARE BILL GOP LEADER: “THIS PARTISAN BILL IS THE WRONG PRESCRIPTION DURING THESE TOUGH ECONOMIC TIMES “ September 23, 2009 | House Republican Leader John Boehner (R-OH) | Permalink As the Senate Finance Committee gets set to begin its second day examining Senator Max Baucus ’ (D-MT) costly government run-health care bill, House Republican Leader John Boehner (R-OH) [more...]

Date: 2009-09-27 03:00:40

Economic Stimulus Legislation: Ensign's Redundant Retro-Vision

The ideological split between Democrats and Republicans is clearly illustrated by the differing reactions among members of the Nevada congressional ... of the income scale, saying it is “basically like a welfare payment.” Business tax credits, Ensign countered ... to low and middle income families equates to "welfare," while giving tax breaks to major [more...]

Date: 2009-01-12 23:00:00

Socialized Medicine or a new National Health Plan?

Socialized Medicine or a new National Health Plan? by Nick HildenbrandFreedom is defined as the lack of intimidation or limitation in choice or action and liberation from the command of another. It is what American men and woman have surrendered their lives shielding. Even so, American leadership has created a greater burden imposing what is thought to be the most legitimate community plan. [more...]

Date: 2009-09-26 13:59:01

The Economy: "Who Was Hyman Minsky?"

"Who Was Hyman Minsky?" by Stephen Mihm "Since the global financial system started unraveling in dramatic fashion two years ago, distinguished economists have suffered a crisis of their own. Ivy League professors who had trumpeted the dawn of a new era of stability have scrambled to explain how, exactly, the worst financial crisis since the Great Depression had ambushed their entire profession. [more...]

Date: 2009-09-26 18:22:00

How To Maximize Your Dividend Stocks’ Earnings

What makes investing in dividend stocks so intriguing is the power of compound dividends . We all know that compound interest is what occurs when interest previously earned is added to the principle and is considered when calculating future interest – i.e. earning interest on interest. Compound dividends are like compound interest, but much better. Like compound interest, reinvested dividends will earn “dividends on dividends”, but it doesn’t stop there. [more...]

Date: 2009-09-29 10:30:01

Why Can't You Ever Make On-Time Payments?

By Tisha Tolar How frustrating is it to pay all of your bills each month when you finally get a minute to sit down and take care of things, ... are no longer as forgiving about grace periods and payment timelines. It is now more important ... . You need to change your financial habits to eliminate late fees and help you on your way to living a debt [more...]

Date: 2009-01-12 22:28:05

• Ban The Telecommuter Tax

Here’s a guest post from Nicole Belson Goluboff, Esq., a lawyer who writes extensively on the legal consequences of telework.  She’s the author of The Law of Telecommuting and Telecommuting for Lawyers , as well as numerous articles on telework. Her articles have appeared in The New York Times, The New York Law Journal, The National Law Journal, State Tax Notes, BNA’s Multistate Tax Report, The Practical Tax Lawyer, LegalNewsTV and FindLaw’s Legal Commentary, among other publications. [more...]

Date: 2009-09-29 08:17:41

Best Adsense alternative

Maybe you’re not seeing an adequate return on your Adsense ads and want to see whether you can do BETTER with something other than Adsense? Or perhaps you haven’t figured out how to replace those Public Service ads and want to elimate them? adagency1 Adagency1 offers 70% payout – net 60 days via Stormpay. To qualify: site must be written in English site must have 15,000 or more monthly impressions. [more...]

Date: 2009-09-26 15:38:23

The Poverty Business

Sorry if this appears to be an older article, and not latest headlines, just thought it was interesting - loki The Poverty Business Inside U.S ... into Byrider, Tsosie drove off, jubilant, in a 1999 Saturn subcompact she bought entirely on credit ... access to credit has put cars, computers, credit cards, and even homes within reach for many [more...]

Date: 2009-01-15 00:45:24

Where Is The Best Place To Keep Your Dividend Stocks?

What makes investing in dividend stocks so intriguing is the power of compound dividends . We all know that compound interest is what occurs when interest previously earned is added to the principle and is considered when calculating future interest – i.e. earning interest on interest. Compound dividends are like compound interest, but much better. Like compound interest, reinvested dividends will earn "dividends on dividends", but it doesn't stop there. [more...]

Date: 2009-09-24 10:30:00

Fonterra sets 08/09 payout at NZ$5.20/kg; retains 1 cent to repay debt (Update 1)

Fonterra has announced its financial result for the just completed year to July 31 and set a payout for the year NZ$5.20/kg of milk solid, including a milk price of NZ$4.72/kg and a ‘value added return’ or profit payment of 48 cents. This is unchanged from its most recent forecast in April, but down from the NZ$7 initially forecast last year before the global economy and wholesale milk prices slumped. (Adds detail on debt gearing and full statement). [more...]

Date: 2009-09-23 01:06:38

Sanford’s Latest “L’Etat D’Etat”

S.C. Governor Mark Sanford’s seventh State of the State address last night sounded several familiar themes … which, ironically, ... the podium before a joint session of the S.C. General Assembly last night to ask for income tax ... ? Or are legislators simply not going to hand anything resembling a victory to the man they view as having earned [more...]

Date: 2009-01-15 04:47:27

Excess Reserves Go Berserk As Lending Flatlines

It's not too often that you see a chart that looks like this. So when Noah found it he sent me an e-mail asking for a plausible explanation as to what is going on with excess bank reserves. The guy I talked to at the St. Louis Fed on Friday couldn't explain much about excess reserves and why they might be so elevated, [more...]

Date: 2009-01-05 21:15:12

Seven Huge Financial Mistakes I Made During My College Career

Over the last few weeks, I have been reflecting on how many members of my rather close extended family are either near high school graduation or are in college right now. They have so many great opportunities ahead of them in the next few years - and so many chances to botch things, too [more...]

Date: 2009-01-04 14:00:00

3 Ways People are Making Affiliate Sales (That Work!)

This is a guest post contributed by Glen Allsopp who writes the PluginID blog which is a wonderful read about personal development. If you are interested in contributing a guest post here, please see these guidelines. Over to Glen… When Caroline offered her readers the chance to do a guest post, I had to jump at the opportunity [more...]

Date: 2009-01-09 03:42:50

Obama Considering $310 Billion Tax Cut

The Wall Street Journal has sent a news alert that says that Obama is mulling a stimulus plan that will rely more heavily on tax cuts than initially ... of the overall tax relief would involve cuts for people who pay income taxes or who claim the earned-income ... at all income levels are carrying a lot of debt, and given how any kind of missed payment [more...]

Date: 2009-01-05 02:51:52

What Did Hank Know? And When Did He Know It?

The indispensable Carol Loomis takes on AIG in Fortune. Having an overview of the government’s bailout (and re-bailout) ... of collateralized debt obligations (CDOs) that were loaded with mortgage securities, some of them ... from AIG’s healthy insurance businesses, which could then be sold for enough money to repay [more...]

Date: 2008-12-25 15:00:41

Предсказания Кюнстлера на 2009 - США, Нефть, Геополитика, Путин

Спонсор месяца - #1 RX pharmacy affiliate program!Сайт дня (как попасть) - http://www.business-magazine.ru/There are two realities "out there" now competing for verification among those who think about national affairs and make things happen. The dominant one (let's call it the Status Quo) [more...]

Date: 2009-01-01 07:59:00

State investment tax credits

I didn't get to hear Governor Pawlenty's state of the state speech (I might watch it tonight after I get home from a late meeting), and as expected it was long on rhetoric, particularly about taxes: Imagine a typical Minnesota kitchen table. A mom and dad have just tucked the kids into bed with a kiss and a prayer, [more...]

Date: 2009-01-15 22:14:10

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