Tax

  • Fiscal Cliff Deal Cuts Average Workers' Paycheck By $1,000

    Fiscal Cliff Deal Cuts Average Workers' Paycheck By $1,000

    The tax package that Congress passed in the final hour of New Year's Day will protect 99 percent of Americans from an income tax increase, but almost every person will still see a hit to their paychecks. That's because the legislation did nothing to prevent a reduction in the Social Security payroll tax from... Continue Reading

  • Tax Tips: Writing Off Mileage on Your Tax Forms

    Tax Tips: Writing Off Mileage on Your Tax Forms

    April 15th is a few months off, but you want to start thinking about tax filing now. Unless, of course, you like the deadline pressure of driving around to find the 24 hour post office in your area on April 14th. Speaking of driving, the Internal Revenue Service, who often takes, is taking again. For 2008, the... Continue Reading