By law, the dollar amounts for a variety of tax provisions, affecting virtually every taxpayer, must be revised each year to keep pace with inflation. New dollar amounts affecting 2012 returns, filed by most taxpayers in early 2013, include the following…

Filed under: IRS, Tax Issues, VRN | No Comments »

I don’t normally send out requests to sign petitions as I’m not sure how effective they are and I think we all get petitioned out. A personal call or letter to your elected official is often the best way to be heard.

* In this case though I think it is very important to respond to the request to sign the petition for the FairTax’s consideration on the whitehouse.gov site.

Filed under: Current Events, Economy, IRS, Petition, Politics, Tax Issues, VRN | 1 Comment »

The next night the tenth man didn’t show up for drinks so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important. They didn’t have enough money between all of them for even half of the bill!

Filed under: Commentary, Humor, Politics, Tax Issues | No Comments »

Who will be subject to the new taxes imposed in the health legislation?

Filed under: Current Events, Economy, Health Insurance, Retirement, Tax Issues, VRN | No Comments »

Ready to buy? Then here’s what documentation you need to prepare so a mortgage banker can let you know exactly what loan amount and purchase price you can qualify for…

Filed under: Buying, Finance, IRS, Making Home Affordable, Money-Saving, Mortgage, Mortgage Rates, Real Estate Market, VRN | No Comments »

This is a question as a real estate agent I often hear. Sellers typically want their property tax assessment to be low so that their taxes are low, so they almost always feel that their home is worth more than the tax assessment indicates.

Filed under: Business Services, Commentary, Student Housing | No Comments »

Under the Extended Home Buyer Tax Credit, as long as a written binding contract to purchase is in effect on April 30, 2010, the purchaser will have until July 1, 2010 to close.

Filed under: Buying, Current Events, Homebuyer Tax Credit, Money-Saving, NAR, Real Estate Market, Tax Issues, VRN | No Comments »

Who Qualifies for the Extended Credit?

Filed under: Current Events, Homebuyer Tax Credit, Money-Saving, VRN | No Comments »