Nov
19
How Much Can I Contribute to My Roth IRA in 2008?
November 19, 2008 | Leave a Comment
… to check your eligibility to contribute to a Roth IRA.
Remember you can contribute as late as April 15th, 2009 and still have the contribution count as a 2008 contribution.
The Roth IRA benefit is phases out as your income increases.
Eligible
Partly Eligible
Not Eligible
Single
Up To $101,000
$101,000-$115,999
$116,000 and up
Married Filing Jointly
Up to $159,000
$159,000-$169,000
$169,000 and up
Married Filing Separately*
$0
$0-$10,000 …
Jun
20
Retired and Veterans Need To File For Stimulus
June 20, 2008 | 2 Comments
… tax assistance.
Its Not Too Late
You can still qualify for the payment. Even though April 15th has passed, you can still file. If you don't owe the IRS money, you don't have an obligation to file by April 15th. Again, you are only filing to qualify for you economic stimulus refund payment.
Pass the Word
Please tell anyone who might qualify about the stimulus payment. You may have to help older relatives or friends with filing their taxes. I'm contacting my …
May
29
Where Is My Stimulus Payment?
May 29, 2008 | 107 Comments
… If you have more questions, make sure you leave them in the comments below and I'll try to answer them.
Comment by Kelly: … could take up to 30 days for me to get it. SO, IF for …
May
22
It's Not Too Late to Qualify for the Stimulus Payment
May 22, 2008 | 5 Comments
… for the stimulus payment. They just need to file a tax return.
Can I Still File After April 15th?
Yes. The IRS wants people to know that you can still qualify for the economic stimulus payment after April 15th. Your stimulus payment will take longer to process, but you should still receive it this year.
What's the Deadline for 2008?
You must file a return by October 15th to qualify for a stimulus payment in 2008. If you don't file by the deadline you have a second …
Apr
28
Bush Announces Faster Payment Schedule for Stimulus Payments
April 28, 2008 | 351 Comments
… announced. Tax filers who chose direct deposit can start receiving their payments as soon as April 28th.
I've updated the payment table from my original article on the stimulus payments below. You'll notice that the last payment coincides with the Independence Day holiday, a coincidence I'm sure.
Direct Deposit Payments
If the last two digits of your Social Security number are:
Your economic stimulus payment deposit should be sent to your bank account by: …
Apr
17
IRS Stimulus Payment - Questions and Answers
April 17, 2008 | 415 Comments
… The IRS says that you can only change your direct deposit information before the week of April 13th. That means if you are reading this it’s already too late.
What will happen to my Stimulus Payment if my bank account is closed?
If your checking or savings account has been closed the IRS will send you a paper check. The IRS will attempt to send your payment to your closed account. Once the bank notifies them that the account is closed they will issue the paper check instead. …
Apr
16
File Your Taxes Online For Free
April 16, 2008 | 3 Comments
… are among the companies that offer filing specifically for the economic stimulus payment.
After April 15th
Remember if you are expecting a refund or are only filing to get the stimulus payment you can still file after April 15th. There is no penalty and you will still receive your full refund and/or stimulus payment.
Apr
15
Taxes Not Done? File an Extension
April 15, 2008 | 3 Comments
Your taxes are due every year on April 15th. Do you have your taxes done? There are many reasons you may not have your taxes filed by the deadline. If you’re not finished with your taxes, make sure you file an extension with the IRS.
Why Should You File an Extension?
If your taxes aren’t finished by April 15th (or the end of your fiscal year), you may face a penalty.
I’m Expecting a Refund
If you’re …
Apr
11
Today is Last Day to Change Stimulus Payment Direct Deposit
April 11, 2008 | 11 Comments
… option the IRS says today is the last day to do it.
You can contact the IRS before the week of April 13th. That means you have rest of today to get it done.
Q. Is there something I can do to prevent my Stimulus Payment from being automatically deposited into the account that I identified for the Direct Deposit of my regular refund?
A. Generally, if you designated Direct Deposit on a tax return, then the Stimulus Payment will go to the account number you designated. If the account …
Apr
10
Government Employees Go on Credit Card Spending Spree
April 10, 2008 | 1 Comment
… to breast implants.
The US Senate released a report on government credit card abuse on April 7th, 2008. Government credit card abuse isn’t new. Government employees have been abusing the cards for as long as there’s been a government credit card.
POGO, a non profit government watch dog, has been working on federal government credit card abuse since 2002. What’s amazing is that the abuse can continue for that long. While politicians grand stand about universal health …