More Cash – For Cash For Clunkers It was only a week ago that we were talking about how the Cash For Clunkers program had only been active for a week, and it was already running out of money. $1 billion dollars had been assigned to the program and after demand for the vouchers was […]
Cash For Clunkers Program Suspended After Only A Few Days. Here Is Why
The Cash For Clunkers program has only been active since last Friday, but word is now leaking out that the CARS program will be halted at midnight on Thursday July 30th, less than a week after it launched. The problem? There are fears that the program may have already run out of money. The program […]
Cash For Clunkers Voucher Program Is Now Available. Things To Keep In Mind When Trading In Your Gas Guzzler.
Clunkers For Cash Active As Of July 1st The Cash For Clunkers program has been active as of July 1st, and if you have an eligible car, you can now take advantage of the program. As a quick refresher, what vehicles are eligible for $3500-4500 voucher? Must be in drivable condition. (That means you can’t […]
Common Questions About The Cash For Clunkers Program Answered: Gas Guzzler Rebate FAQ
A couple of weeks ago I wrote about the Cash For Clunkers program that was expected to be passed. Now, a couple of weeks later the program has passed and is signed into law, and people will soon be able to take advantage of it. I’ve been getting emails and comments surrounding the program, asking […]
Cash For Clunkers Rebate Program Might Save You Money On Your Next New Car Purchase. But Is It A Good Idea?
Rebates, Tax Credits And Stimulating The Economy The Obama administration has been giving us all sorts of stimulus packages this year that aim to stimulate spending in troubled sectors of our economy, and jumpstart consumer spending. First we had the tax incentives for new car purchases, and then the $8000 tax credit for first time […]
Will The First Time Homebuyer Tax Credit of $8,000 Be Expanded To Everyone And Increased To $15,000?
For a while now we’ve been talking about the $8,000 first time homebuyer tax credit that the Obama administration passed as a part of the 2009 Economic Stimulus package. Last week the program was expanded to allow homebuyers to use the tax credit as a down payment on FHA loans. Now there is buzz in […]
One Time Economic Recovery Payment Of $250 For People Who Get Federal Benefits. Who Gets One, And Who Doesn’t.
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 […]
