Obama Proposes Cutting Tax Breaks for Itemized Deductions

Some worry move would hurt charities
President Barack Obama has made several bold proposals in his budget plans. His biggest project is a plan to put $634 billion toward health care reform. It’s a spendy project, and it’s Obama’s job to figure out how to fund it.
Among his budget proposals, he has [...]

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donations
Monday, March 2nd, 2009 by
Belinda Jackson

Tips for Tax Time | Know the Rules, Avoid an Audit

Better safe than sorry
You may think that with all of the other problems the government is dealing with they don’t have time to worry about whether you did your taxes right. However, the opposite is true.
In the last 10 years the IRS has more than doubled the amount of audits [...]

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taxes
Friday, February 27th, 2009 by
Belinda Jackson