May
22
It's Not Too Late to Qualify for the Stimulus Payment
May 22, 2008 | 5 Comments
Many Americans can still qualify for the economic stimulus payment. This is good news for those don't normally file a tax return or may have made a mistake on their taxes.
According to a press release from the IRS, IRS Commissioner Doug Shulman wants people to know they still have time to qualify for the stimulus payment. They just need to file a tax return.
Can I Still File After April …
Comment by Chris: Paula L. Spaulding, It sounds like you need to …
May
14
Stimulus Payment: Do My Children Qualify?
May 14, 2008 | 12 Comments
If you have children, they may earn you an additional $300 each this year. That's because the economic stimulus package allows for an additional payment for each qualifying child in your household.
How will I know if my children qualify?
The IRS has some basic requirements. First the child has to have a valid SSN ( Social Security Number ). Second the child must have been …
Comment by Chris: Claudia, That sounds right. With your …
May
7
Didn't get your full economic stimulus payment this year? Good news, you have a second chance to get your stimulus money in 2009.
Didn't Get the Full Stimulus Payment?
Many people didn't get the full stimulus payment. There are several reasons for this. A large number of people had to file amended tax returns. Several people reported problems with other people claiming their …
Comment by Chris: … passes another bill.
Sep
3
Why First Time Home Buyer Programs Are a Bad Idea
September 3, 2008 | 1 Comment
Another home remodeling project is almost complete. My back hurts, my hands are scraped up pretty good and I'm tired. Working on my house always makes me wonder if I made the right decision about buying a home. If I could go back in time and give a younger me advice, what would I say?
I know that hindsight is 20/20 and experience is the best teacher and all that stuff. That being said, I think I would …
Aug
4
Track Home Improvment Expenses for Tax Purposes
August 4, 2008 | Leave a Comment
Should you keep track of your expenses (and receipts ) from home improvement projects? What are the tax consequences?
Taxes
Generally, there are no tax breaks for most home improvement/remodeling projects (excluding those projects that qualify for some type of tax break based on energy savings) in the year that you make the improvements.
From Jackson Hewitt :
The terms repairs and improvements can be confusing as it …
Jun
26
When Will I Get My Stimulus Check?
June 26, 2008 | 31 Comments
The IRS is sending checks to taxpayers through the Economic Stimulus Package. The IRS sent the first wave of payments via direct deposit. Now the IRS is sending out stimulus checks via mail to those who didn't qualify for the direct deposit. Now some people are asking, " where is my stimulus check? " I'll help you find out.
Check the Payment Schedule
Your stimulus check will be …
Comment by Chris: Dee, If you owe the IRS money, they'll take …
Jun
25
Should I Pay Off My Mortgage? The Easiest Test Ever
June 25, 2008 | 4 Comments
Should you pay off your mortgage early? It's a difficult question to answer. There are many factors to consider. However, there is one easy way to make the decision. I've created a simple test to answer the question " should I pay off my mortgage early ?".
Why Is It Such A Hard Question?
Vested Interest in the Mortgage Industry
In the old days, this was an easy question. Everyone tried to pay their mortgage early. …
Comment by Jeff: Chris, That is an interesting idea, but …
Jun
20
Retired and Veterans Need To File For Stimulus
June 20, 2008 | 2 Comments
The IRS has accounted for all but 5 million retirees and disabled veterans who might qualify for the stimulus payment. The IRS is trying to reach this people to encourage them to get their rebate money. If you are one of these people or know someone who is, here is what you need to do to get the stimulus check.
File Taxes
In most cases it's as easy as filing taxes. Many retired …
Comment by Chris: Linda, Do not fill out another form …
Jun
17
What Is Flood Insurance?
June 17, 2008 | Leave a Comment
Every year people and property are devastated by floods. Floods can strike anywhere. The government established National Flood Insurance Program ( NFIP ) to help deal with the financial cost of flooding. Find out how the flood insurance works.
Even with modern management techniques, floods happen every year. Look at the recent Katrina disaster or the flooding in the Midwest as examples.
Before 1968, the government tried to control flooding with …
May
29
Where Is My Stimulus Payment?
May 29, 2008 | 104 Comments
Waiting for your Economic Stimulus Payment ? You're not alone. Thousands of comments on this site and others indicate many people are waiting for their stimulus payment. So where are the checks?
Double Check Your Facts
You may be confused by the stimulus payment schedule. Who can blame you, it is confusing. However, you need to make sure you have your facts straight before contacting …
Comment by billy: i should have gooton my check may 16 …