Category Archives: Taxes
Tax Cut Agreement Could Help Atlanta Workers Lower Debt
What would you do with an extra $1,000 or more a year? You might be about to find out. Part of the tax plan between President Obama and Congressional Republicans includes a 2 percent cut in Social Security payroll taxes. So if you’re making $60,000 annually, for instance, you’ll get to keep an additional $1,200… Read More »
How Bush Tax Cut Extension Could Affect Chicago Workers With Debts
It looks like American workers could be getting a raise next year, albeit a small one. If the tax agreement between President Obama and legislators passes, one of the provisions will reduce the Social Security payroll tax rate from 6.2 percent to 4.2 percent. For someone making $60,000 a year, that’s an extra $1,200 in… Read More »
How Chicago Shoppers Can Save Money on New Appliances This Month
What exactly does Christmas shopping have to do with energy efficiency? A lot, if you want to get a soon-to-expire discount on new appliances. For the past two years, homeowners have been eligible for an energy tax credit of up to 30 percent, or $1,500, on products from biomass stoves to storm windows to gas-burning… Read More »
Atlanta Shoppers Take Advantage of Expiring Credit for New Appliances
A new washing machine is the really expensive equivalent of getting a pair of socks or underwear for Christmas. It’s not fun per se, but it’s useful – especially if you can buy said washing machine before Dec. 31. For the past 24 months, shoppers have been able to get back 30 percent – or… Read More »
Why Atlanta Taxpayers Might Still Be Eligible For a Late Tax Refund
You thought pumpkin pie was tasty – how about a slice of a $164 million pie the IRS is hoping to serve up this season? No, it’s not a scam, say Atlanta bankruptcy attorneys. It’s just the government’s effort to get late tax refunds to the more than 100,000 Americans that haven’t yet received money… Read More »