Owner: Taxgirl URL:www.taxgirl.com Join Date: Sat, 24 Mar 2007 09:29:06 -0500 Rating:0 Site Description: tax news, tax policy, tax answers wrapped up in bloggity goodness. Site statistics:Click here
The Incredible Shrinking Tax Rebate: Why It Isn’t What You Thought It Would Be 2008-04-30 21:36:38 I’ve been getting a lot of email questions about the rebates that imply that all taxpayers are entitled to the full rebate. This is not the case. Here are some guidelines that might answer many of your questions…
You may receive a rebate if:
1, You have a valid Social Security number.
2, You file a 2007 tax [...] Read more:Rebate
, Incredible
, Shrinking
More taxgirl Blogoversary trivia 2008-04-30 21:04:57 Since it’s still my blogoversary (at least for another couple of hours), here is some more trivia…
I purchased taxgirl.com from the former owner who was no longer using the domain. I had been hoping for awhile that the name would become available since I had been using taxgirl for a number of years as [...]
taxgirl Blogoversary trivia 2008-04-30 16:13:08 Since it’s my blogoversary today, I thought I’d randomly pelt you with taxgirl.com trivia…
My logo (the brilliant one above) was designed by artist Jay Bevenour. Jay pitched several variations of the logo to me and I fell in love with this one. I knew that it was the right choice when my daughter [...]
Have Federal Tax Charges Made Fumo An Angry Man? 2008-04-30 15:54:20 Pennsylvania State Senator Vincent J. Fumo is facing charges on 139 indictments including 2 counts each of filing false tax returns and aiding and assisting in the filing of false tax returns. Gilbert Coleman, Jr., senior pastor of Freedom Christian Bible Fellowship in Philadelphia, believes that those charges have made Fumo an angry man.
Gilbert [...] Read more:Federal
Why is My Rebate So Small? 2008-05-02 21:17:08 I’ve received a ton of complaints about the size of the rebate checks once actually in hand. Apparently, a number of folks have not received the anticipated amount…
Be sure and check out this list of why your rebate might be less than anticipated and give the IRS tax rebate calculator a whirl.
To date, the [...] Read more:Rebate
, Small
The Appeal of Wesley Snipes 2008-05-02 21:12:55 I mean, his legal appeal, of course. I don’t get his media appeal - other than White Men Can’t Jump, which was admittedly entertaining, I am not a fan. Blade, in particular, just isn’t my cup of tea.
That said, in legal news, lawyers for Wesley
Snipes have filed notice with the [...] Read more:Appeal
Ask the taxgirl: Outstanding Loans and Rebates 2008-05-05 08:31:50 Taxpayer asks:
Heeello! I was wondering if it is true that my stimulus payment could be taken for outstanding hospital bills I have yet to pay? If so, “How will that help boost the economy?”
Thanks for your time…
Taxgirl says:
The short answer is no. Rebates
are being withheld or reduced for federal obligations such [...] Read more:Loans
Congress Considers Second Stimulus Package 2008-05-04 14:56:48 As tax rebate checks are slowly (with a huge emphasis on slowly) making their way to taxpayers, Congress
is considering a second round of relief. This relief would be targeted to homeowners facing foreclosure as well as increased spending on bridges, roads and transit systems.
There may be renewed interest in foreclosure relief because of recent [...] Read more:Second
It Feels Like Summer Already: Get Ready for the Great Blog Off 2008-05-06 16:01:37 In 2008, the summer solstice will occur at 23:59 hours UT on 20th June (Friday). It is the first time since 1975 that it hasn’t occurred on 21st June. The summer solstice is, as you may know, the longest day of the western hemisphere.
To celebrate, taxgirl, the Business Channel and b5media are having The Great
[...] Read more:Feels
, Summer
, Great Blog
Are Sales Tax Rates Going Up As the Economy Goes Down? 2008-05-05 15:14:55 The semester before I left for law school, my best friend, Bren, and I packed our stuff into my old Buick Regal (the former family car), affectionately named “Bessie” because she looked like a cow. We were on a mission to examine East Coast law schools that were still on my short list. [...] Read more:Sales
, Rates
, Going
The Holiday Gas Tax Doesn’t Make Sense Or Why 200 Economists Can’t Be Wrong 2008-05-06 20:58:01 Interesting commentary on CNN about why the gas tax doesn’t make sense adn why it won’t pass.
Pay particular attention to the projected savings to taxpayers. I had not previously heard the totals (other than from Obama) and it really is nearly inconsequential. The savings for the entire summer per family is estimated to [...] Read more:Holiday
, Sense
, Economists
, Wrong
No title 2008-05-08 15:47:38 google3836615a4fc15b69.htmlgoogle3836615a4fc15b69.html
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Scam Alert: Monthly Stimulus Payments 2008-05-08 15:13:48 There are absolutely NO plans in Congress to distribute monthly stimulus payments or rebates to any taxpayers.
If you see any emails or ads that say otherwise, be advised that these are from private companies selling products or services. This information is NOT from the IRS, the Department of the Treasury or any related government [...] Read more:Alert
, Monthly
Ask the taxgirl: Why didn’t I receive all of my rebate? 2008-05-08 13:11:34 Taxpayer asks:
Hi Kelly!
I just received my tax rebate, but it was for $600 and I am a single mom so I though it would be $900. I was just wondering how I go about figuring out which amount is correct. Will I receive the $300 later for my son?
You are the only website [...]
The IRS Has New Answers About Rebates 2008-05-08 11:48:56 The IRS has updated its website to address questions about rebates. Mostly, it’s the same old story - no real news on why payments may not be on time. But there are some concrete answers about Refund Anticipation Loans (RALs), Refund Anticipated Checks (RACs) and tax preparer issued debit cards.
I’ve posted about Refund [...] Read more:Rebates
Wow, the Brits are Serious about the Car Tax 2008-05-08 10:50:57 Check out this commercial about enforcing the car tax:
I wonder whether commercials such as this are at all effective - or whether it’s just like those “Just Say No To Drugs” commercials that simply made folks feel better.
Tags: , car tax, UKShare This Read more:Brits
How Much Is Your Mother Worth? 2008-05-10 05:19:17 I saw on CNN today that Salary.com had released its most recent numbers valuing the unpaid services of being a mother. This whole line of thought interests me a lot from a financial and tax policy perspective. I tried a few times to draft a post about this subject but kept coming back [...] Read more:Worth
Fix the Tax Code Friday: Child Related Exemptions and Credits 2008-05-09 05:51:14 It’s the return of Fix the Tax Code Friday
!
Since there’s been some discussion on the blog lately about whether or not parents should receive tax “benefits” in the form of exemptions and credits, I thought I would make it the Fix the Tax Code Friday question:
Should parents be entitled to exemptions and credits to offset [...] Read more:Credits
Al Sharpton Calls Investigation into Taxes “Retaliation” 2008-05-13 09:36:42 Tax officials have a message for Rev. Al Sharpton
: pay up. The IRS has filed personal liens against Sharpton totaling nearly $1 million (the actual value of the lien as of last spring was $931,397). Sharpton also owes nearly $365,558 to the City of New York for unpaid personal income tax; his [...] Read more:Taxes
, Retaliation
Ask the taxgirl: Paying someone else’s health care expenses 2008-05-12 20:56:49 Taxpayer asks:
Hi TaxGirl. I’ve searched all over the Internet and the IRS.gov website and I can’t find an answer to my question, so I’m hoping you can answer it:
My sisters don’t currently have healthcare insurance, so my mom is helping them with some of their healthcare bills and expenses. My understanding is that [...]
Overwhelming Majority of Americans Cynical About Tax Rebates 2008-05-12 14:37:00 An overwhelming majority of Americans
believe that the so-called economic stimulus plan - largely consisting of tax rebates - will not boost the economy. According to a poll conducted by CNN/Opinion Research Corp., a whopping 82% of Americans believe the stimulus package won’t work. This is up sharply from 70% of Americans who [...] Read more:Overwhelming
, Majority
, Cynical
, Rebates
Who Gets the Gas Face? 2008-05-12 14:08:12 Have you ever heard of the “gas face”? Tisa, over at Talk Stock Trading, refers to a gas face as “a somewhat stressed look of displeasure induced by the pumping of expensive gas.”
Yeah, we’ve all seen it.
Since there’s been some interesting discussion on taxgirl.com about the gas tax (or gas tax holiday), I was [...]
Tax Should be a Life-Neutral Event 2008-05-12 08:58:04 Years ago, the partner at the law firm where I worked at the time approached me about working on a presentation for a major client. The client had significant business and personal holdings and was looking to do both income and estate tax planning.
We prepared for this meeting for about two weeks and [...] Read more:Neutral
Scams, Schemes and Tomfoolery: Be Careful With Your Tax Rebate! 2008-05-14 20:55:59 I’ve posted before that there are NO plans in Congress to distribute monthly stimulus payments or rebates or bonuses to taxpayers.
Nonetheless, I continue to receive emails from concerned readers about ads touting such a plan (I’ve seen one myself). These ads are the product of private companies: this information is NOT from the [...] Read more:Schemes
, Careful
, Rebate
“Bar” None: Maryland Woman Helps Prisoners Commit Tax Crimes 2008-05-16 15:00:17 Melanie Taylor should feel comfortable behind bars: her participation in a tax fraud scheme with prisoners will likely land her in prison.
Taylor has pleaded guilty to conspiracy to tax fraud charges stemming from a scheme that she ran with inmates at the Maryland
Department of Corrections and other prisons. The tax losses are [...] Read more:Prisoners
, Crimes
Fun Friday: Manufacturing and the Economy 2008-05-16 14:36:52 More reading about manufacturing and the economy: Where do your things come from?
Whose Economy Do Your Purchases Support?
Made in the USA?
Where do items for your home business come from?
Made in the USA
Fun Friday
: Ode to a Chinese boycott
Where Does Your STUFF Come From?
Tags: b5media, Biz Chicks Rule, business-channel, economy, Everyday Networker, Fun Friday, [...] Read more:Manufacturing
Made in the USA? 2008-05-16 07:32:17 It’s been suggested on this blog - and others - that the big “fix” to the economy would be to buy more American products.
I don’t know how much of an immediate impact it would have on the economy but doing it is actually harder than it sounds. So many products - even those that [...]
IRS Admits Thousands of More Errors in Rebate Check Processing 2008-05-16 05:03:52 And just when we thought the IRS had a handle on things… After admitting that 350,000 taxpayers were underpaid on their tax rebates because of an omission of the child tax credit, the IRS has another mea culpa: they’ve been misdirecting tax rebates to the wrong accounts.
According to an article in Newsday, an [...] Read more:Errors
, Rebate
, Check
, Processing
IRS Admits “Human Error” in Processing Tax Rebates: Child Credit Omitted 2008-05-15 20:41:50 So, it turns out that I was wrong.
But the IRS was more wrong.
Way wrong.
It turns out that up to 350,000 households did not receive the $300 per child owed them as part of their economic stimulus rebate payments. The IRS blames “human error” and “computer glitches.” According to the IRS, taxpayers are to [...] Read more:Processing
, Rebates
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