Tag Archive: taxes

Oct 30

Healthcare.gov Glitches are not the biggest problem: Focus needs to be on Texas’ high rate of uninsured and costs to hospitals, privately insured

U.S. Health and Human Services Secretary Kathleen Sebelius testified today before the U.S. House of Representatives Energy & Commerce Committee on the technical problems that have plagued the healthcare.gov open enrollment website since it went online on Oct. 1. While addressing these problems is important, the intense focus on the flawed website distracts from the …

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Permanent link to this article: http://www.easttexasreview.com/healthcare-gov-glitches-are-not-the-biggest-problem-focus-needs-to-be-on-texas-high-rate-of-uninsured-and-costs-to-hospitals-privately-insured/

Oct 29

Tax deduction: moving expenses

Whether you’re relocating across town or across the country, moving is expensive. By the time you’ve paid to have your household goods packed and moved, cancelled and reconnected utilities and racked up storage fees, you could easily be out thousands of dollars. Many people don’t realize that if they’re moving to start a new job, …

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Permanent link to this article: http://www.easttexasreview.com/tax-deduction-moving-expenses/

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/

Aug 16

The devil is in the taxes-My foolproof plan will rescue our society from the sleazy grasp of special-interest politics.

While pretty much everybody agrees that the U.S. tax code is a mess, nobody does anything about it. Oh, politicians talk about doing something, but mainly what they do is make it worse. There’s a reason for this. You. You’re the reason. People, alas, tend to be greedy and selfish and their attitude toward taxation …

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Permanent link to this article: http://www.easttexasreview.com/the-devil-is-in-the-taxes-my-foolproof-plan-will-rescue-our-society-from-the-sleazy-grasp-of-special-interest-politics/

Jul 30

Depending on the kindness of strangers:The only sure result of Detroit’s bankruptcy is that armies of lawyers will make bales of money

  The other shoe finally dropped in Detroit. The once-proud city — variously known as “Motown,” “the Arsenal of Democracy,” and “the City of Champions” — filed for bankruptcy. There’s a local effort to head off the filing, but most people don’t think it will get anywhere. Detroit’s the largest American city ever to do …

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Permanent link to this article: http://www.easttexasreview.com/depending-on-the-kindness-of-strangersthe-only-sure-result-of-detroits-bankruptcy-is-that-armies-of-lawyers-will-make-bales-of-money/

Jul 24

Lone Star State: Tax breaks for job hunters

Summertime is the season that often leads to major life decisions, such as buying a home, moving or a job change. If you are looking for a new job that is in the same line of work, you may be able to deduct some of your job hunting expenses on your federal income tax return. …

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Permanent link to this article: http://www.easttexasreview.com/lone-star-state-tax-breaks-for-job-hunters/

Jun 07

None of my business: We have a cockeyed view of poverty in America.

It was late, I was grumpy, and the woman in front of me was buying cigarettes. I noticed the items in her cart: brand-name snacks, colas, and frozen foods. I looked at how she dressed, considered the carton of cigarettes she requested, and made a wager to myself that she would pay with government assistance. …

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Permanent link to this article: http://www.easttexasreview.com/none-of-my-business-we-have-a-cockeyed-view-of-poverty-in-america/

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/

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