Help with shortening URL's. You have to set up a Pro Account and get a ip address. It's been 30 mins. and I'm still wating.
in reference to: Account Settings | bit.ly a simple URL shortener (view on Google Sidewiki)
Wednesday, January 12, 2011
Custom Jacksonville Real Estate
Contact me today for Custom Real Estate Properties in Jacksonville, FL 904-962-7703 or realtortaxlady@gmail.com
in reference to: bit.ly | a simple URL shortener (view on Google Sidewiki)Thursday, May 20, 2010
Bankrupt and ready for credit again
Here are some ways to repair your credit after bankruptcy read...Bankrupt and ready for credit again
Friday, April 30, 2010
Monday, April 26, 2010
Affordable Homes in Jacksonville, FL
Getting the house of your dreams may take some work on your part. It just takes a little patience to find out how much house you can afford. http://www.trulia.com/guide/financing/how_much_can_you_afford/how_much_can_you_afford_for_a_home/
Thursday, April 15, 2010
Health Insurance Credit for Small Businesses
New for 2010: Tax Credit Helps Small Employers Provide Health Insurance Coverage
According to the IRS your small business can take a credit for proving health insurance coverage to your employees. Since health care costs are soaring to unpresidented heights, we all must have health insurance. Just have an iunforseen njury or illness and you can face a financial crisis. According to the IRS website you can get a tax credit for providing healh insurance coverage.
IR-2010-38, April 1, 2010
WASHINGTON ― Many small businesses and tax-exempt organizations that provide health insurance coverage to their employees now qualify for a special tax credit, according to the Internal Revenue Service.
Included in the health care reform legislation, the Patient Protection and Affordable Care Act, approved by Congress and signed by President Obama on March 23, the credit is designed to encourage small employers to offer health insurance coverage for the first time or maintain coverage they already have. In general, the credit is available to small employers that pay at least half the cost of single coverage for their employees.
“This credit provides a real boost to eligible small businesses by helping them afford health coverage for their employees,” said IRS Commissioner Doug Shulman. “We urge small businesses and tax-exempt employers to look closely at this important tax break — which is already effective — to see if they qualify.”
The maximum credit is 35 percent of premiums paid in 2010 by eligible small business employers and 25 percent of premiums paid by eligible employers that are tax-exempt organizations. In 2014, this maximum credit increases to 50 percent of premiums paid by eligible small business employers and 35 percent of premiums paid by eligible employers that are tax-exempt organizations.
The credit is specifically targeted to help small businesses and tax-exempt organizations that primarily employ low and moderate income workers. It is generally available to employers that have fewer than 25 full-time equivalent (FTE) employees paying wages averaging less than $50,000 per employee per year. Because the eligibility formula is based in part on the number of FTEs, not the number of employees, many businesses will qualify even if they employ more than 25 individual workers.
The maximum credit goes to smaller employers — those with 10 or fewer FTEs — paying annual average wages of $25,000 or less.
Eligible small businesses can claim the credit as part of the general business credit starting with the 2010 income tax return they file in 2011. For tax-exempt employers, the IRS will provide further information on how to claim the credit.
The IRS will use postcards to reach out to millions of small businesses that may qualify for the credit. The postcards will encourage small business owners to take advantage of the credit if they qualify.
More information about the credit, including tax tips, guides and answers to frequently asked questions, is now available on the IRS Web site, IRS.gov.
IR-2010-38, April 1, 2010
WASHINGTON ― Many small businesses and tax-exempt organizations that provide health insurance coverage to their employees now qualify for a special tax credit, according to the Internal Revenue Service.
Included in the health care reform legislation, the Patient Protection and Affordable Care Act, approved by Congress and signed by President Obama on March 23, the credit is designed to encourage small employers to offer health insurance coverage for the first time or maintain coverage they already have. In general, the credit is available to small employers that pay at least half the cost of single coverage for their employees.
“This credit provides a real boost to eligible small businesses by helping them afford health coverage for their employees,” said IRS Commissioner Doug Shulman. “We urge small businesses and tax-exempt employers to look closely at this important tax break — which is already effective — to see if they qualify.”
The maximum credit is 35 percent of premiums paid in 2010 by eligible small business employers and 25 percent of premiums paid by eligible employers that are tax-exempt organizations. In 2014, this maximum credit increases to 50 percent of premiums paid by eligible small business employers and 35 percent of premiums paid by eligible employers that are tax-exempt organizations.
The credit is specifically targeted to help small businesses and tax-exempt organizations that primarily employ low and moderate income workers. It is generally available to employers that have fewer than 25 full-time equivalent (FTE) employees paying wages averaging less than $50,000 per employee per year. Because the eligibility formula is based in part on the number of FTEs, not the number of employees, many businesses will qualify even if they employ more than 25 individual workers.
The maximum credit goes to smaller employers — those with 10 or fewer FTEs — paying annual average wages of $25,000 or less.
Eligible small businesses can claim the credit as part of the general business credit starting with the 2010 income tax return they file in 2011. For tax-exempt employers, the IRS will provide further information on how to claim the credit.
The IRS will use postcards to reach out to millions of small businesses that may qualify for the credit. The postcards will encourage small business owners to take advantage of the credit if they qualify.
More information about the credit, including tax tips, guides and answers to frequently asked questions, is now available on the IRS Web site, IRS.gov.
Sunday, January 31, 2010
The Education Tax Credit
New Hope via American Opportunity Credit: At the federal level, the American Recovery and Reinvestment Act (ARRA) signed into law in February temporarily improves the popular Hope education credit.
For the 2009 and 2010 tax years, the new American Opportunity Credit tweaks the existing Hope Credit.
The new credit is worth $2,500 per student, based on the first $4,000 of qualifying educational expenses. The Hope Credit only allowed for an $1,800 tax break.In addition to upping the credit amount, the American Opportunity Credit can be claimed for expenses for the first four years of post-secondary education, versus the first two years of expenses allowed under the Hope Credit.
The American Opportunity tax break also is available to more folks than was the Hope version. This means more taxpayers who make more money qualify; the full credit is available to filers whose modified adjusted gross income is $80,000 or less; $160,000 or less for married couples filing a joint return.
And it's partially refundable, meaning that those who owe no tax still could claim it and get some money back from Uncle Sam. The refundable portion is 40 percent of the credit, up to a maximum of $1,000.
The list of qualified expenses also has grown. In addition to the standard tuition and required school fees, students now can count the cost of required course materials, such as books, lab supplies and computer software.
Special rules also apply to students attending college in a Midwestern disaster area. For tax-year 2009 only, taxpayers can choose to claim either a special expanded Hope credit of up to $3,600 for the student or the regular American Opportunity Credit.
Lifetime Learning lives: The other widely-used educational credit, the Lifetime Learning Credit, remains on the tax books as is. This tax break can be claimed for 20 percent of your first $10,000 in qualified education expenses, up to a maximum of $2,000. This credit is available for all four years of college, as well as post-school training, and can be claimed by part-time as well as full-time students.
Students attending an eligible institution in a Midwestern disaster area in 2009 get an added break. They can claim a maximum Lifetime Learning Credit of 40 percent of their first $10,000 in eligible expenses, or up to $4,000 per return.
Pell Grants, 529 plans enhanced: Also as part of the ARRA stimulus, the maximum amount of a federal Pell Grant, demand for which has increased during the economic downturn, was increased. Eligible students in the 2009-10 school year can get a $5,350 Pell Grant award.
As for 529 college savings plans, which afford students and families a chance to pay for educational expenses without any tax worries, the new stimulus bill expanded the list of college expenses that can be paid for by such a plan.
For 2009 and 2010, the definition of qualified higher education expenses includes expenses for computer technology and equipment or Internet access and related services as long as they are used by the designated beneficiary of the 529 plan while enrolled at an eligible school.
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