The Internal Revenue Service recently announced that millions of tax refunds may be delayed this year as the agency tries to combat fraud. Some experts say this delay could have an unintended consequence: fewer new TVs tuned in to this Sunday’s Super Bowl. [More]
tax credits
New Jersey Governor Vetoes Tax Break For "Jersey Shore"
After the New Jersey Economic Development Authority passed a tax credit dubbed the “Snooki Subsidy” geared to bring more TV and film production to the state, governor Chris Christie has punched the legislation in the face. Christie’s veto nullifies the $420,000 credit. [More]
Four Stimulus Benefits That Will Expire Soon
Kiplinger lists four ways you can still get some cash back from the government, although you’d better get a move on if you want to qualify. Included are a first-time home buyer’s credit that goes away November 30th, a new car tax credit, a COBRA premium subsidy for people laid off, and a slight unemployment payment benefit.
What Does The Bailout Mean For You?
So, Congress finally passed the bailout bill. You know about the Treasury’s newfound $700 billion, and you’ve heard about the snipped golden parachutes, but what does the 451-page week-old shotgun savior of a bill actually mean for you?