This article discusses Tax Notifications and Updates for 2014: Postponement of Filing Date Taxpayers are still feeling the effects of the federal government shutdown which lasted for 16 days in October. According to the IRS, January 31st is the earliest date that the agency will begin processing individual tax returns, a postponement […]
Unemployment Benefits Set To Expire
It seems that unemployment benefits may be set to expire. When Congress passed a budget deal last week, they failed to extend the program that provides federal unemployment benefits to the long term unemployed. As a result, unemployment benefits for anyone depending on federal unemployment assistance will stop this week. Federal benefits normally start […]
Happy New Year From Business Tax Preparation!
Wishing you a Happy New Year from Business Tax Preparation!
Unemployment Falls to New Low
In November, the United States economy added 203,000 jobs, beating the economists’ prediction by 20,000. At 7%, the unemployment rate is at the lowest level since November 2008. This news is inspiring for the 11 million Americans who remain unemployed. The big gains this month came from the two ends of the wage spectrum […]
U.S Property Taxes: Highs and Lows!
According to a new residential property tax study from the Tax Policy Center, some of the lowest property taxes in America are found in certain counties in Alabama and Louisiana. Between 2007 and 2011, when data for the survey was collected, 60% of the counties in the country reported average property taxes of between $500 […]