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2011/03/01

EITC Eligibility Rules for 2009 Tax Year Outlined | 2009 Tax Refund Schedule

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Unemployment benefits are not considered earned income, but must be included in income calculations.   New Rules for 2009 Tax Year   New for tax year 2009, are the additional EITC and income, thresholds for a third qualifying child and changes to the uniform definition of a child. For tax years 2009 and 2010, the American Recovery and Reinvestment Act created a new category three or more children, which will provide larger credits to larger famil…

Tags: supplemental security income, supplemental security income ssi, Tax Refunds, uniform definition of a child.

Filed under 2009 Tax Refund Schedule by taxrefunds on Mar 1st, 2011. Comment. #

2011/03/23

Help With Michigan Child Custody Law | Michigan Income Tax Refund Status

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Michigan Income Tax Refund Status Divorce and other family disputes can take a toll on you. When your financial future and marital status are at stake it can be quite intimidating. People that get divorced and are looking at Michigan child custody laws need to realize it can be tough for both parents. When children are involved it can be both stressful and emotional. As with other states, Michigan child custody law has different directions that …

Tags: child custody law, child custody laws, michigan income tax refund status, Tax Refunds.

Filed under Michigan Income Tax Refund Status by taxrefunds on Mar 23rd, 2011. Comment. #

2009/08/01

Create Tax Savings And Transfer Wealth To Your Child With

Create Tax Savings And Transfer Wealth To Your Child With A Roth IRA Parents must give serious thought to protecting their family through estate tax planning. While life insurance and trusts should be a part of every plan, Roth IRAs can be a simple tool for passing money to your child on a tax-free basis. Roth IRA First, we need a quick summary of the Roth IRA. A Roth IRA is an after-tax retirement vehicle that produces huge tax savings because …

Tags: 2007 tax refunds, indiana tax refunds.

Filed under Tax Refunds by taxrefunds on Aug 1st, 2009. #

2009/11/17

Use Child Tax Credit for Tax Savings

Now, heres a real tax savings to the individual taxpayer with dependents. The child tax credit is a direct federal income tax credit based on the number of dependent children in your family. This federal tax credit is available to provide credit to taxpayers with income below certain established levels. Started in 2003 and going to 2010, the maximum credit per child is $1000 and is first applied to reduce or eliminate the taxpayers federal ta…

Tags: additional child tax credit, child tax credit, federal income tax refund, federal tax liability, income tax refund, tax refund.

Filed under Tax Refunds by taxrefunds on Nov 17th, 2009. #

2009/07/28

Child Custody Agreement and Taxes

A child custody agreement can have serious implications on your tax filing and your taxes overall. This issue should be addressed with your attorney or with your accountant while you are going through the process of negotiating or litigating child custody or a divorce agreement. Waiting until after you have finalized a child custody agreement to investigate the tax impact is not adviseable. State law on child custody does not dictate who gets …

Tags: federal income tax refunds, income tax refund information.

Filed under Tax Refunds by taxrefunds on Jul 28th, 2009. #

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