by Leif Jensen | May 12, 2010 | General |
The making work pay credit is apparently on again for 2010. We all so much fun with the first go around. I know that $800 I received changed my life for the better in 2009… For those whom don’t remember Making Work Pay was a adjustment for individuals and their...
by Leif Jensen | May 12, 2010 | General |
For those who have collected unemployment benefits for 2009 enjoyed an exclusion of the first $2,400 of the benefits they received for tax calculation purposes. Those who are collecting in 2010 will have to include all unemployment benefits in taxable...
by Leif Jensen | May 12, 2010 | General |
When George Bush pushed through his tax cuts he eliminated the Estate Tax for 2010 and 2010 alone. No one ever thought it would happen but here it is. This would usually be cause for celebration. Unfortunately there is no step up in basis for the people who inherit...
by Leif Jensen | Apr 26, 2010 | General |
I have recently been shown a couple class pictures from grammar school; and I commented that it was a 100 years age. I am old enough that the kindergarten picture was still in black and white. The advent of color photography apparently happened when I was in the...
by Leif Jensen | Apr 26, 2010 | General |
I recently had a couple of conversations regarding retirement, savings and cash flow. It seems that no one currently has any cash for their bills. Let alone to save for retirement. With the current state of the economy I can only advise my clients so far on the...
by Leif Jensen | Apr 25, 2010 | General |
Effective for payments made after December 31, 2011, businesses are required to issue to all businesses with payment aggregating $600 or more in the calendar year to a single payee. This will include the phone company, the gas company, your landlord, electric company,...
