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Federal Tax Updates Archive

Various Toyota Hybrids Get Tax Credit Certification From IRS

TweetShareSharePin0 SharesVarious Toyota Hybrids Get Tax Credit Certification From IRS Starting in 2006, individuals buying hybrid cars will get a tax credit instead of a tax deduction. The IRS has just started to kick out the exact amounts you can claim for your new hybrid. Various Toyota Hybrids Get Tax Credit Certification From IRS Under

Biden Gets A Big G-20 Win, Still Struggling To Close The Deal With Hill Democrats

TweetShareSharePin0 Shares The G20 agrees to a global corporate minimum tax. Leaders of the world’s major economies endorsed a minimum 15 percent levy, negotiated by the Organization for Economic Cooperation and Development. Said Treasury Secretary Janet Yellen: “Every G20 head of state endorsed an historic agreement on new international tax rules, including a global minimum

Why is the Stock Market So Worried About Some Bad Mortgages

TweetShareSharePin0 SharesWhy is the Stock Market So Worried About Some Bad Mortgages Beginning in the Spring of 2007 the stock market reporters discussed some problems in sub-prime loans and predatory lending practices by some mortgage companies. At first the stories were merely in passing, but as the months rolled by the story became front page

Why You Should Avoid Paying Income Taxes with a Credit Card

TweetShareSharePin0 SharesWhy You Should Avoid Paying Income Taxes with a Credit Card We all agree that the credit card is very convenient. That is why the IRS allows you pay your taxes through it. To sweeten the deal, credit card companies offer rewards in the form of frequent flyer miles. So you can get a

Giving Your Car to Charity – The New Tax Rules

TweetShareSharePin0 SharesGiving Your Car to Charity – The New Tax Rules The IRS has changed the regulations on donating vehicles to charities. If you donated a car last year, you need to read the following to understand the new rules. Giving Your Car to Charity – The New Tax Rules Millions of people donate cars,

baby boomers voting politics

TweetShareSharePin0 Sharesbaby boomers voting politics Baby Boomers and Younger Generation Opposing Viewpoint on Voting and Politics Younger generations in the United States do not show much interest in the political games of boomers although recently, they are not the largest population of voters. There was even an incidence when Matthew Shephard, the mother and symbol

How To Get An Extension To File Your Business Tax Returns

TweetShareSharePin0 SharesHow To Get An Extension To File Your Business Tax Returns Yes, the tax season is upon with the first filing date for some businesses being March 15, 2005. If you can’t imagine getting your tax returns together by that date, you need not worry. The IRS automatically gives you an extension if your

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