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Up, Up and Away… In My Beautiful Tax Balloon
http://www.taxgirl.com/ up-up-and-away-in-my-beautiful-tax-balloon/As the economy continues on its wild ride, the IRS has announced a series of adjustments for tax brackets and other provisions for the 2009 tax year. These adjustments, in response to inflation, are required by law. Note that these adjustments will affect your 2009 tax return, normally filed in early 2010.
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Ask the taxgirl: Kiddie Tax
http://www.taxgirl.com/ ask-the-taxgirl-kiddie-tax/Ask the taxgirl: Kiddie Tax Taxpayer asks: My son wants to know when he’ll have to file for taxes, he started mowing lawns this summer and is getting paid $25 per yard. Taxgirl says: Wow, I feel old. I used to get paid $10/yard for biggish yards in the country.
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