Tax Deduction Blogs - Page 1

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Ilyce Glink Show Notes - August 23, 2009

Ilyce Glink show notes. We're offering a new discount for our HOW TO PROFIT FROM FORECLOSURE event. Use discount code: summer to get 30% off the Early Bird Ticket Price. The IRS launches a YouTube channel.
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Aug 23, 2009

Taylor Bean and Whitaker Mortgage Company Hotline Information for Borrowers

NEW UPDATE 9/10/09: Today's update is an edited, condensed transcript of my conversation with BOA spokesperson Rick Simon. Cenlar is a legitimate loan servicing company and Roundpoint is NOT A SCAM. The situation is confusing, but not fake. 9/01/09 Yesterday, we reported that Bank of America taking over servicing rights for FHA loans and Ginnie Mae loans previously held by Taylor Bean and Whitaker Mortgage Company.Earlier this month, Taylor Bean and Whitaker Mortgage Company, which is owned by Colonial BancGroup shut its doors. Dozens of Taylor Bean and Whitaker Mortgage Company borrowers called the Clark Howard Show and Ilyce Glink Show to ask what they should do. Should they pay their old loans or new loans? How could they find out if their loans funded? The FDIC and Federal Reserve Bank have set up customer hotlines you can call to get information.
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Aug 10, 2009

Today on the Ilyce Glink Show - August 2, 2009

Will unemployment jobless benefits be extended again? If not, 1.5 million Americans will run out of their unemployment benefits by the end of the year. That won't be good for the economy. Meanwhile, the Cash for Clunkers program went out with a bang - six days in the CARS program ran out of money. We also offered our FREE BOOK program, and our BUY 3 GET 1 FREE Ebook Deal. See below for details.
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Aug 2, 2009

Best Deal? Buying a New Car or Buying a Used Car

Should you buy a new car or a used car?
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Jul 23, 2009

Today on the Ilyce Glink Show - June 14, 2009

Today on the Ilyce Glink Show, we're discussing the following:

Consumer Confidence Rose Again

US. Consumers' mood is the strongest in 9 months. Consumer confidence rose to a nine-month high, according to the Reuters/University of Michigan Surveys of Consumers. The preliminary index of confidence for…

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Jun 14, 2009

Extra Incentive For Car Buyers

New car buyers qualify for a tax deduction for the state or local sales tax, under that American Recovery and Reinvestment Act of 2009. Now the Treasury Department is allowing buyers who purchased their car in states without a sales tax to deduct other fees or taxes.

While American car manufacturers…

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Jun 14, 2009

Federal Tax Deduction For Buying New Automobile

If you're looking at buying a new car this year you'll likely be able to deduct the sale tax you pay on your federal income taxes for the 2009 tax year.

IRS announced seven things you should know about this new deduction:

  1. State and local sales taxes paid on up to $49,500 of the purchase price of…
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Apr 20, 2009

Beware of IRS’ 2009 “Dirty Dozen” Tax Scams

As that April 15 tax deadline edges closer and closer, the IRS has released a list of top tax scams to watch out for. Whether you've already sent off your return or you're one of the last minute filers, make sure you don't get trapped by any of these scams:

Beware of IRS’ 2009 “Dirty Dozen” Tax Scams…

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Apr 13, 2009

Today on the Ilyce Glink Show - Easter Sunday

We're offering a special 2for1 deal for the Ilyce Glink Makeover Your Money Event! It's only going to run through Monday night (April 13, 2009). Go to http://www.thinkglink.eventbrite.com and type in "2for1" (don't put in the spaces and don't type the parenthesis either).

That means you'll get a…

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Apr 12, 2009

Last Minute Tips from the IRS for a Successful Tax Filing

If you haven't begun the process of filing your federal and state (if you are required to do so) income tax form, it's time to get moving. There are just five days left until the April 15th deadline, and you may not get a lot done around the Easter or Passover holidays. Today, the IRS offered some…

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Apr 10, 2009