According to a recent “Retirement Trends” survey by Fidelity Investments, 96 percent of Americans saving for retirement don’t know the current contribution limit for an individual retirement account, with some guessing as low as $1,000. The reality is that for tax year 2005, IRA… Read the rest –>
Filed under Tax Refunds by on Aug 3rd, 2009. 
April 15th The Day of Reckoning! Every year, millions of Americans get ready to pay taxes to Uncle Sam, or get ready to collect a tax refund from Uncle Sam; when did this become the great day that it is for taxpayers, and when… Read the rest –>
Filed under Tax Refunds by on Aug 4th, 2009.
Over 50% of marriages end in divorce in the United States. Many divorce decrees include provisions for the payment of alimony. The IRS takes the position that such payments constitute a form of income and create an alimony tax deduction for the person making… Read the rest –>
Filed under Tax Refunds by on Aug 4th, 2009.
Any points that you pay in the refinancing of your residence are tax deductible over the length of the loan in question. The deduction is allowable only if the residence is your primary home and the new mortgage replaces a previous one and/or is… Read the rest –>
Filed under Tax Refunds by on Aug 5th, 2009.
Many people are wondering why there are so many lawyers running around in the country. Some share the opinion that there is entirely too much law. Whenever they encounter people such as Denver tax attorneys, they often ask themselves, “What do we need another… Read the rest –>
Filed under Tax Refunds by on Aug 5th, 2009.