Parents won’t pay extra taxes for keeping 20somethings on their health plans. Provided by Los Angeles Financial Planner, Rose Greene, CFP® Do you have any employees with young adult children?You probably do. Thanks to a recent IRS ruling, these employees just got a break: they won’t have to pay additional federal taxes if they keep [...]
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Taxes
Half of Americans aren’t paying federal income taxes. Is that right? provided by Los Angeles Financial Planner Rose Greene, CFP, ® A provocative statistic. Last July, the nonpartisan Tax Policy Center (a joint venture of the Urban Institute and the Brookings Institution) estimated that 47% of Americans would not owe a penny to the IRS [...]
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Will a VAT become reality? How about Internet or energy taxes? provided by Los Angeles Financial Planner, Rose Greene, CFP® How do you pay down an $8 trillion debt? The Obama administration needs an answer, as the non-profit Congressional Budget Office says America’s debt could rise to $20 trillion by 2020.1 One possible answer has [...]
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Good question. Congress has elected to keep us in suspense. provided by Los Angeles Financial Planner, Rose Greene, CFP® 0% estate taxes in 2010 … for now, anyway. On January 1, the federal estate tax went away – at least for the time being and perhaps for all of 2010 as envisioned back in 2001. [...]
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Weekly Economic Update for the Week of April 26, 2010 by Rose Greene CFP®
by Rose Greene, CFP on April 27, 2010
Quote of the week It is wonderful what we can do if we are always doing – George Washington New home sales up … 26.9%? Yes. The stampede was on in March as buyers raced to qualify for expiring tax credits, leading to the greatest month-over-month jump in new home purchases since 1963. According to [...]
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