Category Archives: Taxes
Chicago Homeowners Find an Alternative to Foreclosure With Chapter 13
Who wouldn’t want to get a $6,500 tax credit this year? Apparently the many folks who can’t afford to buy another house, say Chicago bankruptcy attorneys. In November, the federal government updated its homebuyer tax credit – which was originally meant to help renters buy their first home – to include current homeowners as well…. Read More »
Atlanta Bankruptcy Attorneys Suggest Emergency Savings Funds For Unexpected Taxes
Think Uncle Sam will take care of you if you lose your job? You’re right – for awhile. The first $2,400 you receive in unemployment benefits are free for you to keep, according to Atlanta bankruptcy attorneys. Make that $4,800 if you file taxes jointly as a married couple. But after that, you’re responsible for… Read More »
Chicago Bankruptcy Attorneys Recommend Cash Cushion For Tax Season
So you lost your job last year and picked up some unemployment benefits. Once you find employment, you’re out of the woods, right? Not necessarily, say Chicago bankruptcy attorneys. Unemployment benefits sure come in handy when you need to put food on the table. But they can also cost you. As it turns out, unemployment… Read More »
Atlanta Bankruptcy Attorneys Say Early Tax Filing Means Early Refund
Why put off until tomorrow what you can do today – especially when it involves more money in your pockets? Technically your tax return isn’t due until April 15, but you can actually file as early as February so long as you’ve received all of your necessary documents – like 1099s, W-2s, receipts from charitable… Read More »
Chicago Bankruptcy Attorneys Point Out Benefits Of Early Tax Filing
The early bird gets the worm – and sometimes the tax refund. Just because tax deadline day is April 15 doesn’t mean you have to wait until then to file, according to Chicago bankruptcy attorneys. Sure, most of us look at the filing process as a chore to be put off until the last possible… Read More »