There are plenty of rumors about stimulus packages and taxes floating around these days — and many of them aren’t true. Instead, if you listen to them, you can find yourself a prime target for a scam. I’ve rounded up just a few of the scams which are making the rounds these days. Unfortunately, there [...]
Tags: IRS, scams, stimulus, taxes
These days, there seems to be insurance for just about anything: you can even insure your pet’s health. But while you can probably get away without health insurance for Fido, there are certain kinds of insurance that can wind up being very important. One of those insurance options is long-term care insurance.
Long-term care insurance [...]
Tags: insurance, long term care
A major part of the economic stimulus package signed last week is the Making Work Pay Tax Credit. In 2009 and 2010, that credit will provide a refundable tax credit of up to $400 for a working individuals and $800 for married workers. But you won’t be getting that money in a lump sum: it [...]
Tags: Credit, tax, withholding
If you’re working for a small business or for an individual, there’s a chance you can get paid under the table. At first blush, it sounds like a good deal. You won’t have to pay either federal or state taxes — you won’t even have to pay Social Security. You can keep your hands on [...]
Tags: cash
Most people consider budgeting the fastest way to better money management. Even if you’re already comfortable with your financial situation, a little budgeting can go a long way in making sure that you really are putting your money where you want it to go. You can pay your bills every month without having a budget [...]
Tags: budget, priority
President Obama is expected to sign the economic stimulus plan today, immediately creating some important changes in our taxes, our health insurance and our day-to-day lives. The actual plan weighs in at over one thousand pages, though, making it difficult for everyone to read up on exactly what it means for them. It’s honestly not [...]
Tags: economic stimulus, taxes