by Leif Jensen | Mar 27, 2018 | General |
The IRS is giving us something that no one was asking for. A new tax return for seniors only. Seniors age 65 and older will get a new, simplified tax return to fill out, granted it is not for this tax filing season. It will take the Service some time to develop the...
by Leif Jensen | Mar 26, 2018 | General |
A sure sign that consumers are feeling good: consumers are drinking more in bars and restaurants, compared with at home. Having a drink out costs far more, and folks generally only do a lot of it when they’re optimistic about their finances. By contrast, recessions...
by Leif Jensen | Mar 21, 2018 | General |
Comcast holds a virtual monopoly on internet in my world (home and office), when I last went to try to price compare AT&T does not cover either my home of office. So Comcast is the monopoly I have to live with. At least for now other businesses are just starting...
by Leif Jensen | Mar 20, 2018 | General |
The Senate amendment to the “Tax Cuts and Jobs Act 2017” directs the Secretary of the Treasury to promulgate due diligence requirements for paid preparers in determining eligibility for a tax payer to file as head of household. So we are now again put in the...
by Leif Jensen | Mar 19, 2018 | General |
The Democrats are hoping that net neutrality will drive young voters to the polls this fall in their favor. Many are upset by the overturn on net neutrality barring telecoms from charging more for faster internet speeds or controlling content. The party...
by Leif Jensen | Mar 14, 2018 | General |
Some refunds will be held up by the IRS. Filers who are claiming the earned income tax credit as well as taxpayers claiming the refundable child tax credit will have to wait until Feb. 27 before their refunds are deposited into their bank accounts. And...