Tag Archives: President
On July 26, 2008, the Senate passed the “Housing Assistance Tax Act of 2008” (H.R. 3221). The president is expected to sign the bill. Among its provisions are: A refundable credit of up to $7,500 on the purchase of a principal residence by a “first-time homebuyer.” A first-time homebuyer is a taxpayer who hasn’t owned […]
https://www.peacecorps.gov Volunteer projects and enter 688-261 in the keyword seach box. Can you just imagine someone around here coming along and building schools and fixing bridges for $20,000? Our government construction project costs are so overinflated, with costs so mismanaged, that it’s a wonder our city, state and federal goverments are solvent at all. Or […]
Today TaxMama hears from June in California who asks. “My son-in-law suggested that I use income averaging to offset high income tax for 2007 resulting from circumstances beyond my control. Is that possible?”
SACRAMENTO—A public school teacher was arrested today at Los Angeles International Airport as he attempted to board a flight while in possession of a ruler, a protractor, a compass, a slide rule, and a multi-function calculator. At a morning press conference, Governor Arnold Schwarzenegger said he believes the man is a member of the notorious […]
Dear Family, Happy Presidents Day Weekend. Monday is the hybrid day that is neither Washington’s Birthday nor Lincoln’s – just a Monday, giving us a long weekend. Federal and State offices and schools will be closed. We will be too (since TaxPapa works for the School District). Traffic on the roads will not be moving […]
Dear Family, What an exciting week. The Senate produced their version of the stimulus package. The House signed off on it. Now, it’s sitting on President Bush’s desk to pass into law. Once that happens, refunds should be heading your way in a couple of months. Perhaps in time for spring! (Or in time to […]
I have a friend who is president of his homeowners association in the Dallas, Texas, suburbs. They were having a terrible problem with litter near some of his association’s homes. The reason according to Wallace (my friend) is that six very large, luxurious new houses are being built right next to their community. The trash […]
Dear Family, Did you know that this week is Universal Letter Writing Week? The Crayola site has some cute activities for children to do. https://www.crayola.com/calendar/detail.cfm?event_id=224&year=2008 The presidential primaries will be the focus of much of your radio and television news features. If you don’t want to listen to all the fluff, or don’t have the […]