by Leif Jensen | Mar 14, 2011 | General |
The NFL owners have been stock piling money and have enough to cover a non-existent 2011 season. I doubt the all the players are in as good a shape as the owners. Bob Batterman, the lead outside counsel for the NFL, stated that the league expects to hold a 2011...
by Leif Jensen | Mar 14, 2011 | General |
If you are curious as to when you will get your federal income tax refund you can go the IRS website http://www.irs.gov Then go to the tab Where’s My Refund? You’ll need to provide the following information from your tax return: * Your Social Security Number (or...
by Leif Jensen | Mar 14, 2011 | General |
The IRS has launched a new app for smart phones IRS2GO. This will assist in checking on the status of your refund and tax information as well as e-mails of changes in the tax code. The IRS is trying to reach out to assist taxpayers through more than just traditional...
by Leif Jensen | Mar 7, 2011 | General |
IRS interest rates will be rising by a percentage point as of April 1, 2011. On overdue taxes, IRS will charge 4% for individuals. The rate will be 6% on corporations that owe more than $100,000. On refunds, IRS will pay 4% to individuals and 3% to corporations. For...
by Leif Jensen | Mar 7, 2011 | General |
As more people owe more money in back taxes. The IRS is raising the dollar threshold from $5,000 to $10,000 before filing a tax lien for unpaid taxes. IRS will also withdraw more tax liens once the tax debts are repaid. This could help debtors’ credit ratings because...
by Leif Jensen | Mar 7, 2011 | General |
The Social Security wage base proposal for 2012 is $110,100,up $3,300. The current two-percentage-point cut in the employees’ share of Social Security tax is set to lapse after 2011, so rates will return to 7.65% on employers and employees. Government estimates for...
