For many taxpayers, the 2008 tax deadline was on April 15th, 2009. But for taxpayers who filed a 2008 extension, there’s another deadline looming: they need their returns filed by October 15th, 2009. A few steps they can take to make sure everything goes well: Continue reading “2008 Tax Extension Form: The Deadline is Approaching”
Is The Federal Earned Income Tax Credit a Good Avenue for Stimulus Payments?
The American Recovery and Reinvestment Act was designed to get the economy moving again by getting people to spend money. It’s off to a slow start, because most of what the plan calls for is new spending: new infrastructure projects, new subsidies for alternative fuels, new educational stimulus money, and more local handouts. But there’s already a “stimulus” plan in place that can handle all that, and more! Continue reading “Is The Federal Earned Income Tax Credit a Good Avenue for Stimulus Payments?”
2008 Tax Return Conundrum: With Funding Dropping, How Will Feds Pick up the Slack?
2008 tax return numbers just aren’t looking good for the government. Year over year revenue has dropped catastrophically, even as spending is up. So how are they making up the shortfall? There’s been some tentative talk of cost-cutting and income tax hikes, but there are some unusual plans that are also in the works:
Continue reading “2008 Tax Return Conundrum: With Funding Dropping, How Will Feds Pick up the Slack?”
