Historically, our staff Certified Tax Cat has handled readers’ questions about taxes, but he took feline early retirement and hung up his oversized eyeglasses. Filling in for him is Laura’s dad, a retired accountant and real live independent tax preparer. Exclusively on Consumerist, Tax Dad answers your questions. [More]
You know that new rule that says airlines have to let passengers off the plane if it’s stuck on the tarmac for more than 3 hours? It’s supposed to go into effect in April, but at least three airlines are hoping to delay it because they say runway repairs at JFK Airport will interfere with schedules. [More]
Apple is doing everything it can to sway the Copyright Office, which is in charge of periodically handing out DMCA exemptions, to keep iPhone jailbreaking illegal. We always thought Apple was against any exemption because of their exclusivity deal with AT&T. But no, it turns out they’ve been trying to protect us all from a Die Hard attack on the nation’s communications infrastructure.
If you paid on student loans last year, don’t forget that you can deduct the interest paid up to $2,500 as long as your parents don’t claim you as a dependent, writes Kiplinger. “You can deduct up to $2,500 in student-loan interest paid in 2007 if your income for the year was $55,000 or less if single, or $110,000 or less if married filing jointly.” If you make under $70k single or $140k married, you can still take a partial deduction.