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One swallow does not make a summer, but one skein of geese, cleaving the murk of March thaw, is the Spring.
Aldo Leopold Categories
Tag Archives: tax credit
Questions and Answers About the US ‘Fiscal Cliff’
Congress and the White House are struggling to avoid the “fiscal cliff,” the package of huge tax increases and spending cuts that kick in next year unless a budget agreement is reached first. Read More
Individual, capital gains rates unchanged for 2012
As Americans receive their first paychecks of the new year, there are some tax provisions they can count on. Individual tax rates will be the same for 2012 as they were in 2011, as will the 15 percent maximum tax rate on capital gains. Read More
4 tips to help determine if owning a home is right
Home prices aren’t what they used to be. Their steady decline may be causing your anxiety to rise. After all, buying a home is a big commitment. But even in a down market, how you go about deciding whether to buy a home remains the same. Read More
It’s not too early to think about 2011 taxes
The Bush-era tax cuts have been extended, the alternative minimum tax is patched and capital gains rates are set. Tax breaks are in place for students and teachers, and for the most sizable estates. Congress established some of the parameters for the 2011 tax year even before the year began.
The big question confronting lawmakers was whether to extend the Bush tax cuts and for whom. Democrats had argued that the nation’s richest taxpayers should be excluded from any extension Read More
Highlights of the tax package passed by Congress
Highlights of the tax package passed by Congress late Thursday, December 16, and sent to President Barack Obama. It would cost about $858 billion; most provisions, which were to expire Jan. 1, would be extended for two years, unless noted.
The package extends:
—Lower rates for taxpayers at every income level. The top rate, on taxable income above $379,150, would stay at 35 percent, instead of increasing to 39.6 percent…read more Read More
IRS issues rules for health tax credits
The Internal Revenue Service on Friday, May 21, released the guidelines that small companies can use to apply for tax credits to spur medical research.
The credit will cover up to 50 percent of the cost of qualifying biomedical research, up to a maximum credit of $5 million per business. The credit is only available to companies with fewer than 250 employees . . . read more Read More
Summary Box: Homebuyer tax credit deadline nears
REAL ESTATE STIMULUS: The program designed to boost home buying by offering thousands of dollars in tax credits for homebuyers is drawing to a close.
DEADLINE APPROACHES: Contracts must be signed by May 1 and the deal must close by July 1 to get the credit. . . . read more Read More
