May
2
IRS Where’s My Stimulus Payment Web Page Broken?
May 2, 2008 | 527 Comments
… the official stimulus payment schedule :
Official IRS Stimulus Payment Schedule
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 ( not necessarily in your bank account ) by:
00 – 20
May 2
21 – 75
May 9
76 – 99
May 16
Paper Check
If the last two digits of your Social Security number are:
Your check should be in the …
Comment by martina: … allowing turbotax to take their fee from our taxes …
May
1
… be the Economic Stimulus Payment from the IRS and the H&R Block Emerald Card. Those taxpayers who've filed with H&R Block and opted to get their tax refund through the H&R Block Emerald Cards are scratching their heads. Will they get their stimulus check in the mail or by direct deposit to the card.
So which is it? The answer depends on who you ask. It's been reported that H&R Block offices are telling people they will get their stimulus payments on …
Apr
28
Bush Announces Faster Payment Schedule for Stimulus Payments
April 28, 2008 | 351 Comments
… Bush announced that stimulus payments will be issued faster than previously 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: …
Apr
21
PayPal is an Expensive Way to Transfer Money
April 21, 2008 | 5 Comments
… you have to use a third party provider like Authorize.Net. They take a small percentage fee and deposit the rest in your bank account.
When you’re starting a business, you have a lot to worry about. You have the legal issues (trademarks, patents, business organization, etc) to deal with. You have technical issues (servers, software) to deal with. And you have money issues.
Usually the money issues revolve around not having very much. When you’re running a business on a …
Apr
17
IRS Stimulus Payment - Questions and Answers
April 17, 2008 | 415 Comments
… a question, make sure you ask it in the comments section following the article.
Can I Change my Direct Deposit Information?
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 …
Comment by Jesse Davis: I used the Taxpayer Advocate Service to good …
Mar
28
IRS Economic Stimulus Payment Details
March 28, 2008 | 247 Comments
… to qualifying US citizens. The bill was passed too late to be included in the 2007 federal income tax calculations. So instead of reducing your federal taxes or triggering a larger refund, the stimulus package will be a separate payment. However, it is required that you file a tax return in order to qualify for the payment.
How can I calculate my payment?
The IRS has a calculator on its web side that allows you to estimate your stimulus payment. I’ve included a link to this …
Comment by Chris: … on your 2007 tax return. You should receive a $300 …
Mar
9
Sitemap
March 9, 2008 | Leave a Comment
… An Explanation The Real Reason I Paid Off My Mortgage Track Home Improvment Expenses for Tax Purposes Why A Mortgage Increases Your Risk Why First Time Home Buyer Programs Are a Bad Idea Category: Home Owners Insurance Do I Need Flood Insurance? Flood Insurance For Renters What Is Flood Insurance? Category: Investing A House is a Consumer Good Carl Icahn Has a Blog Consumerist Covers Jim Cramer's Latest Controversy Don't Buy Stocks Edward …
Oct
22
Fed Chief Pushes for Another Stimulus Package
October 22, 2008 | 2 Comments
… benefits and funding public works projects (schools, roads bridges).
Republicans favor tax breaks for businesses and individuals. They also want to lower taxes for companies that buy "distressed" debt.
What Does This Mean for You?
Nothing really. Until a plan is passed it's too early to say what benefits you may receive. However, with more prominent figures supporting a stimulus package, the likelihood of another package increases.
You shouldn't expect another direct …
Sep
21
Why Money Market Funds Aren't Safe
September 21, 2008 | Leave a Comment
Many people think money market funds are as safe as bank deposits or certificates of deposit. Many people are wrong.
When you buy a CD or deposit money into a demand deposit (checking or savings) account, the government ( FDIC ) will insure your money up to a certain limit, usually no less than $100,000.
However with with money market funds that's not the case. Money market funds are mutual funds whose sole purpose is to act like a …
Sep
9
The Stock Market Scam - Stock Options
September 9, 2008 | Leave a Comment
… are poison to shareholders. They allow management to extract wealth from the company at the direct expense (and detriment) of the current shareholders. Large shareholders (institutional investors) may be able to put a stop to this nonsense. However, small investors (you and me) are going to get screwed as our shares are often owned through mutual fund. We don't have a direct voice or enough power to look out for our own interests. It really is a case of the little guy getting …