Taxpayers Strategize About How to Avoid $250K Tax Bracket

Obama proposals raise taxes on high incomes
President Barack Obama’s budget proposals have drawn the line: $250,000. Many tax hikes and phased out credits will apply to households with annual incomes that cross that line.
A pretty small group of people fall into this category: incomes so close to $250,000 that they [...]

Click here to continue reading
Some taxpayers say they will try to hold on to more of their money by making less.
Monday, March 2nd, 2009 by
Elizabeth Fairchild

Economic Stimulus Package, Personal Finances and Payday Loans

Help with payday loans
It’s possible the economic stimulus package will bring down the high number of payday loans that have been issued lately. Many of the measures in the economic stimulus package will benefit individuals in certain situations, just as payday loans can help people in special cases.
Here are some [...]

Click here to continue reading
Will the economic stimulus package put more money in your wallet?
Monday, February 16th, 2009 by
Belinda Jackson

Tax Cuts Pushed Through | Is Payday Loan Legislation Next?

Tax cuts clear House committee
Payday loan restrictions aren’t on the agenda for Congress yet; they have urgent work to do in order to fix the country’s failing economy. Today House Democrats began to push through legislation that will shape Barack Obama’s American Recovery and Reinvestment Plan.
The plan, estimated to cost [...]

Click here to continue reading
Congress is working on legislation that will shape Obamas $825 billion stimulus plan.
Thursday, January 22nd, 2009 by
Elizabeth Fairchild