Tag Archive: owe

Oct 09

Lower income? Don’t pass up the saver’s credit

In 2002, Congress passed legislation to create an income tax credit designed to encourage lower- and middle-income people to save money for retirement. The saver’s credit, worth up to $1,000 a year for individuals ($2,000 for couples filing jointly), rewards people for contributing to an IRA or 401(k) plan. benefit from the saver’s credit are …

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Permanent link to this article: http://www.easttexasreview.com/lower-income-dont-pass-up-the-savers-credit/

Sep 10

Lone Star State: “Debt-at-a-Glance” Easier way to find information regarding state and local government debt

To make it simpler for Texans to look at the finances of local governments in their area- and the magnitude of their outstanding debt- Texas Comptroller Susan Combs today announced the rollout of new “Debt-at-a- Glance” Web pages, which detail state and local debt in an easy-to-read, shareable format. Debt-at-a-Glance outlines the outstanding debt of …

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Permanent link to this article: http://www.easttexasreview.com/lone-star-state-debt-at-a-glance-easier-way-to-find-information-regarding-state-and-local-government-debt/

May 06

Escape tax surprises

Many taxpayers have more taxes withheld from their pay than necessary. You should try to have your income tax withholding match your actual tax liability, especially if you normally get a large refund and you would like more money in your paycheck. If not enough tax is withheld, you will owe tax at the end …

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Permanent link to this article: http://www.easttexasreview.com/escape-tax-surprises/

May 04

Making poverty a crime

Ebenezer Scrooge, the Dickens character, perfectly personified the nasty rich. For example, when asked to make a charitable donation for people trapped in poverty, Scrooge curled his lip in contempt and snarled: “Are there no prisons?” Blessedly, our American society has progressed well past such heartless disdain. Unless, of course, you happen to be poor …

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Permanent link to this article: http://www.easttexasreview.com/making-poverty-a-crime/